When Elon cut 80% of the tech workers in Twitter, and things were going fine, if not better, then I knew that this industry had been over.
I was laid off 5 times in the last 2 years. The tech market is dead now.
Now retired I've been through 4 plant shut downs. I was highly skilled labor. Each time I had a new job in a matter of days. Each time we had to move to another state. I never trusted anyone. Always, always live within your means. Be prepared to be canned at anytime. Do the best you can your reputation is everything. Nothing lasts forever. Work hard and get out early. Have fun.
the indian's CEO ( google, microsoft, ...) sending jobs home
era of software jobs is over. skilled physical jobs involving aerospace, ocean, outer space, drilling, mining, and skyscraper construction are growing ultra fast
I worked for Microsoft and got laid off. Zero prospects for anywhere near the same salary. The only saving grace I had was Microsoft acquired the company I was working at before so I got a huge pay-off when that happened and Microsoft had to employ me for 5 years. As soon as that term ended that was it. I still send out the industrial LinkedIn resumes for every job available, but that is going nowhere fast. However, since the pay-off from my former employer being bought by Microsoft was so large, my passive income off my investments is actually higher than my salary at Microsoft was so I really don't care if I ever find another job in the field again.
If i could go back 20 yrs and graduate high school again, with the knowledge i have now, i would become a dentist.
The jobs are in the trades now. It would be smart to learn a trade. Plumber, electrician, locksmith, carpenter, welder, forklift driver, etc.
I'm a senior sysadmin and its getting insanely hard in our field too. I've had to add electrician, engineering for both software and hardware, network architect and AI development just to stay relevant in my job position and I'm barely making $74k in cali where my rent is around $3,200 a month.
Some historical perspective guys, to put the current tech Depression into its proper context: in 2000, during the Dot Com crash, I was job hunting as a jr. Webmaster, aka Web Dev in those days, and still got 3 job offers from 6 interviews in 1 or 2 months. I did have the latest tech, JavaScript at that time, so that was a factor but still.....
I saw a job that had 21000 applicants. Unemployment is probably at 10%
I saw a guy in microsoft t shirt checking receipts in costco, not joking 😢
The laid off employees are shifting from private to public sector. The pay is lower but job security and benefits are higher than that of private companies. That being said, it does take longer for govt jobs to shift through 1000's of candidates and finally get to you..assuming you qualifed for that role, pass the exam and the specific case questions. Then you are on the eligible list and wait another while for local govt depts to select you. Then wait for a panel interview and IF THEY LIKE YOU, then you are in.
India is now taking the software programming and IT work because their living standards are in deplorable conditions and companies can thus exploit them for their high skill however these companies will be susceptible to scamming, hacking, IT blockages due to the fact that the Indian workers are being paid extremely abysmal wages and thus will become disgruntled and envious.
I will sell pizza or other foods in my restaurant. No AI will replace the need for eating.
I am no longer working for big tech companies and its amazing.
That’s why everyone is getting hacked. We need to make corporations pay higher fees for layoffs.
I am a hospitality accountant. Our jobs started being replaced by offshore Indian guys.
I know many have moved out of the U.S. to Vietnam, Cambodia, Laos, etc.
@DecisionForest