Layoffs of 2023 - Learn to weld

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“primarily focused on non-engineering roles” look out for a sudden glut of “business analysts” and “Agile coaches” posting #opentowork on LinkedIn
We need an agile toilet cleaner at my job.
First one is a glorified accountant, second a slave driver.
I know this is a meme but I had a funny experience with this recently. I recently had to fill a welding position, and contrary to the current meme about the trades lacking people, there was a glut of candidates. Maybe the "it's easy to get a job in the trades" meme seems to be a bit mislead in an import everything country with a dead manufacturing sector.
I been saying for a while that the trades meme its probably a corpo psyop to get more idiots to join and drive wages down.

Its basically what happened with learn2code except that in that case the higher bar kept the majority out.
He just nuked the metaverse project so all those mouthbreathers have to go.

He better not nuke oculus tho, VR is already barely alive as it is.
 
I been saying for a while that the trades meme its probably a corpo psyop to get more idiots to join and drive wages down.

Its basically what happened with learn2code except that in that case the higher bar kept the majority out.
nah, at least over here there's an increased demand simply because people fell for the MUH DEGREE bullshit way too long (and as long as people get paid more for simply having some unrelated shit written on a paper this is gonna keep going), so people that should've gone into trades never did.
also wages in trade are set by the amount of jobs a company can do, which is much more immediate than the BS in the tech sector or humanities. if no one needs a plumber no one's gonna pay you to be one.

inevitably that will lead to an oversaturation till it balances out again, that's just how these things go.

He just nuked the metaverse project so all those mouthbreathers have to go.

He better not nuke oculus tho, VR is already barely alive as it is.
VR was the vehicle for his poor man's VRchat, without it he doesn't really have much need for it. he might cut it down to it's original idea where people simply communicate or socialize via VR (again basically what VR chat does) and sell it as a professional option vrchat could never be, but I doubt it.

>13%
>ELEVEN FUCKING THOUSAND

how many fucking people does it take to run myspace 2.0?
 
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>13%
>ELEVEN FUCKING THOUSAND

how many fucking people does it take to run myspace 2.0?
It bears repeating that the big tech companies hired a lot of people to bullshit positions just to deny their competitors that same candidate in an actually useful position. This is no longer sustainable, hence layoffs.

Still, Facebook is a very large website that runs much its own physical infrastructure, so I would guesstimate the absolute minimum reasonable engineering headcount for keeping the literal lights on is in the range a few thousand people. To also function as a company, they will also need sales teams, development teams, management, and some miscellaneous organizational stuff that is probably 3-4x as many people on top.

Of course, if the traffic and user base of Facebook falls significantly, they can fire even more people as they wind down and sell datacenters they no longer require. They can also pivot towards becoming an internet backbone service provider and datacenter cloud service provider for other people’s websites.
 
There's a big demand for skilled tradespeople in Canada, primarily certified electricians and auto mechanics, along with truck drivers. There's also always a big demand for skilled tradespeople outside certification too, like roofers, gutter and high window cleaners, landscapers, and just gofers who haul bags of cement or bales of shingles around. A lot of those jobs start at $20-25 an hour and they can't find people willing to do them, because too many soft faggots got conned into doing liberal arts degrees and don't want to break a nail or stub their toe. And a lot of the people who DO want to do such jobs are drunks or junkies or otherwise flaky people who'll just not show up to work at random.

Sorry your masters degree in Indigenous Studies or Romanian history is worthless bro, but if you can carry lumber and cement from point A to point B you can still get a job paying 50K a year to start and segue into becoming a roofer or general contractor after a few years.
 
Get employed in medical or critical infrastructure backend IT and development if you want stability. It's not the horseshit sky high pay and foot massages at your desk of FAANG and gay VC money sink startups, but you'll rarely find your employment rug pulled.
This.

I work in Engineering but not the trendy SpaceX, medical, or tech fields. Having been offered jobs in those fields I can say that while what I do doesn’t pay as much and isn’t as “exciting” it’s of the fields that is incredibly specialized and will always be around in the US. These 2 things mean that I know the job will always be there.

Anyone thinking about STEM should look at Electrical Engineering and focus on power systems. All of the EEs I’ve met in the past 10 years have all said that since it’s not “cool” like tech/computers no one wants to go into it and power companies, heavy industry etc. are desperate for people.
 
VR was the vehicle for his poor man's VRchat, without it he doesn't really have much need for it. he might cut it down to it's original idea where people simply communicate or socialize via VR (again basically what VR chat does) and sell it as a professional option vrchat could never be, but I doubt it.
VR games could keep at least some of the company afloat, but, yeah, they don't need 11K game devs..... and Oculus probably has all the coders they need as-is.
 
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VR games could keep at least some of the company afloat, but, yeah, they don't need 11K game devs..... and Oculus probably has all the coders they need as-is.
don't think those were VR devs, most of that is just outsourced via exclusivity contracts anyway. the actual engineers will probably be safer to some extend, but some will still let go when meta trims those deptartments - otoh those should've no issue finding another gig.
 
It bears repeating that the big tech companies hired a lot of people to bullshit positions just to deny their competitors that same candidate in an actually useful position. This is no longer sustainable, hence layoffs.

Still, Facebook is a very large website that runs much its own physical infrastructure, so I would guesstimate the absolute minimum reasonable engineering headcount for keeping the literal lights on is in the range a few thousand people. To also function as a company, they will also need sales teams, development teams, management, and some miscellaneous organizational stuff that is probably 3-4x as many people on top.

Of course, if the traffic and user base of Facebook falls significantly, they can fire even more people as they wind down and sell datacenters they no longer require. They can also pivot towards becoming an internet backbone service provider and datacenter cloud service provider for other people’s websites.

Facebook doesn't just run their own physical infrastructure, they BUILD a lot of it. I have a friend who interviewed at facebook for a networking job but turned it down when he learned they printed their own silicon - that is, any technical skills he learned would be useless anywhere that wasn't facebook or the CCP's intellectual theft divsion

Headcount wasn't just to deny talent to other companies, it was partly vanity but also a why to hire a bunch of useless niggers, trannies, faggots, and broads so you can pump up DEI for those ESG numbers. I have a feeling ESG is going to be mattering a lot less than stock performance in the near future.
 
I am an engineer who manages other engineers. This is a job I've been doing now for 20 years

This whole thing is a normalization process. Companies have way too much fat on the meat and they're cutting back. But the problem is in doing that they're cutting out some of the bones and still leaving too much fat. Instead of being left with a lean machine, they're leaving themselves with jellied blobs that can't move or do anything

It's also a consequence of nearly 20 years of outsourcing abroad and the reduction in capabilities since. Those top companies are basically a million shitty indian and chinese engineers who don't give a fuck about a company headquartered and run by people thousands of miles away on different timezones, and some fat-cats in the US creaming off the top. There won't *be* any good engineers in 5 years from now. Chuck AI in there, promising that companies can get by with shitty dev's by augmenting with ChatGPT because *woooooo* it's a miracle.

The smart greybeards have all left and the people like me in the middle are considering our options.
 
Bloomberg: Global Layoffs Extend Far Beyond Big Tech

The collapse of Silicon Valley Bank has sent shockwaves through an economy already shaken by mass layoffs and under pressure from central banks locked in a high-stakes battle with inflation — sharpening the risk of recession and even greater job losses.

While the US economy has so far remained strong, adding 311,000 jobs in February after adding more than half a million jobs in January, central banks’ increasingly aggressive campaign of rate hikes may expose more vulnerabilities in banks with interest-rate risk, like SVB, and startups that rely heavily on venture capital funding to maintain operations and payrolls.

The rush of layoffs that began late last year isn’t letting up, marking the worst start to a year since 2009, with nearly 52,000 jobs lost in one week in January alone. Since Oct. 1, executives across sectors have sacked almost half a million employees around the world, according to a comprehensive review of layoffs by Bloomberg News.

Nowhere are the cuts as deep as at Amazon.com Inc, which alone will wipe out close to 30,000 jobs with the most recent round of layoffs announced Monday. Meta Platforms Inc. takes second place, with a sweeping 21,000 roles eliminated. But they’re just two of almost 800 firms that have slashed at least 473,000 jobs since October, with the median layoff leaving the company workforce 10% smaller, according to Bloomberg’s analysis.

The tech industry has seen some of the biggest losses, accounting for about a third of the total cuts. Company leaders said they overhired as demand for their services surged during the pandemic. The mass layoffs stunned many Silicon Valley workers, who had long enjoyed generous pay and cushy benefits. Management has promised investors a new era of austerity, with Meta Chief Executive Officer Mark Zuckerberg calling 2023 the “year of efficiency.”
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The carnage extends far beyond technology. Out of all the cuts where the share of jobs axed was reported or could be derived, the median tech layoff sent 10% of the company's employees packing. In the communications, financials, health care, real estate and energy sectors, the median layoffs were as big or bigger, even though the total job losses were smaller. In health care, for example, the median reduction in workers was 20% across more than 120 layoffs, driven by massive cuts at small startups like Rubius Therapeutics Inc., which let go of more than 80% of its staff in November.

The consumer discretionary sector has eliminated over 108,000 roles, as demand falters and sales at outlets like Amazon fall short of expectations. Goldman Sachs Group Inc. and other big banks cut thousands of jobs despite glimmers of hope on Wall Street of a soft landing.
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Energy companies were among the least affected, with fewer than 4,000 jobs cut. Major oil companies like Exxon Mobil and Chevron have raked in record profits and announced massive stock buybacks as Russia’s war in Ukraine caused a surge in energy prices.

Across sectors, job security and stability have emerged as priorities for many workers. Around 3.9 million US workers quit their jobs in January, down from Covid-era highs though still hovering above pre-pandemic norms.

Overall, the layoffs have been remarkably concentrated. Almost half of the job cuts were carried out by just two dozen companies, including big names like FedEx, Ikea and Philips.


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They still won't let go of the "Best Economy Ever™️" copium.
 
Crossposting these two videos from the "fake jobs" thread in News:



And adding some more from what this woman is doing now:




 
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Just got word my brother in law who just retired after 26 years from the army last year and took a year off to travel the states in an rv with my sister in law. He was an apache pilot. Started with a company training drone pilots or something in Alabama 3 months ago, bought a house and everything. The xompany closed the entire Alabama facility with a xouoke of days notice to the peeps working there. Thank go he has his retirement and disability going for him. Shits about to go downhill fast.
 
Crossposting these two videos from the "fake jobs" thread in News:

There's no way Maddie Macho is earning six figures a month off of social media. Her tik toks get like 2k views on average and her youtube videos get like 4 views, with many of them having no views.

She tries to sell this outdated girlboss 'land a non-tech job at a tech company' program at a time when tech companies are shedding those exact jobs by the tens of thousands. She doesn't have any apparent partnerships because who would want to sponsor the uggo who bragged about not working? The only revenue streams she seems to have are crap like $8 pre-filled resumes or individual coaching, but she'd have to sell a comical amount to earn six figures -- like 2,000+ resume reviews or 1800+ people signing up for her 4-day workshop every month.

She claims to have 7 people working for her and has worked with thousands of women but I just don't buy it. This is bog-standard linkedin successwin bullshit that falls apart under basic scrutiny, such as the fact that none of her clients go to bat for her on social media.
 
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