Thread regarding VMware layoffs

It has become much more difficult finding a new job in the wake of the FAANG layoffs.

Two years ago before we knew anything about Broadcom, I was thinking of leaving and I had applied for a bunch of roles at companies like Splunk, Microsoft, AWS, Cohesity, and some startups. Out of the 11 job applications I made, I got interviews with 5, and job offers from 2 of them. This was all in the space of 2 months. The salary being offered was on-par with the VMware salary from both offers, but I decided against accepting (yes, I screwed up) for personal reasons.

This brings me on to January 2022. Since the beginning of the year, I have applied for 22 roles, and had 2, yes only 2 recruiter return my call. One of them was unable to match anywhere near my VMware salary, and the other one I am currently interviewing with. This has been a shock to me. I've never had this much trouble getting job offers, let alone a single interview.

You might be thinking, well perhaps you need to update your skills. The thing is... I have. I have gained 3 new certifications, one very significant, but they seem to make no difference. I've also put a considerable effort into networking, and updating my resume.

Is this a result of a saturated job market with all these layoffs? Who knows, but if there is another mass round of layoffs at VMware later this year, many of us are going to be in a very troubling spot indeed.

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| 2611 views | | 5 replies (last January 27, 2023) | Reply
Post ID: @OP+1kT7SzU7

5 replies (most recent on top)

After the dotcom bubble burst, many people in the tech industry (including engineers) couldn't find jobs for quite a long time. Many people left the tech industry altogether. Save your money and live beneath your means. You can never count on a paycheck tomorrow in this industry. The next few years will be tough. Look into contracting or working for a small business for less money. Health care and government jobs are way more stable too if you're tired of the tech rodeo. And if you're in your mid 40s or over, good luck as most companies practice ageism unless you're a famous 10x developer with a PhD.

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Post ID: @tjh+1kT7SzU7

There is benefit to waiting. A colleague left to join a FAANG company just 3 months ago and made it to their layoff list. Wait, collect your severance and go for the role when the rest of the market is tired.

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Post ID: @ayc+1kT7SzU7

Yeah... thanks also to the so many advertisements convincing a lot of people: secretaries, cleaners, jobless people ecc.... Hey let's do a 6 months bootcamp in node.js and become a rich developer! There are full opportunities for deve!!!

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Post ID: @nzj+1kT7SzU7

This happens. it's part of the cycle. After the Dot com crash there was a year or two developers struggling to find new (same comp) spots. After 08/09 there was some pain. It part of the cycle, this time exacerbated by the pump we had from covid and now the faster drawn down based reduced demand (higher cost of money, etc).

Hate to say it, but us gray haired Gen X'ers have seen it numerous times. Heck its a shock to lots in IT, but most of us older folks remember recensions where almost every house on your block had someone out of work. It just was normal.

Save your cash, limit your debt. dont act like that pay check will always hit, and always be the same. That way when this stuff happens you can shrug and say "yup", expected it" and get on with your plans!

Good luck all!

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Post ID: @puf+1kT7SzU7

Ive been preaching for months that when people wait, competition gets stronger and stronger and the numbers higher and higher. The ones waiting for severance will likely fight against an even higher pool of candidates.

Having said this though. A LOT of companies, not just large ones but startups too, going through layoffs. When I left VMware last year I had three offers in startups and two offers in large corporate. Literally every single company I talked to (including Google, Amazon, Snyder etc) all going through layoffs. In fact, company I work for now went through 15% cuts.

So you have both now. Larger pool of candidates and more layoffs.

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Post ID: @ztu+1kT7SzU7

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