https://www.cnbc.com/amp/2024/03/15/laid-off-techies-struggle-to-find-jobs-with-cuts-at-highest-since-2001.html
5 replies (most recent on top)
In a world where one has to do frequent security updates on everything from computer monitors to doorbells many software engineers should never have been in the profession in the first place. Companies are still creating network connected devices that can't handle CIDR. Read up on all the problems service providers have with IPv6 and it's clear the likes of Cisco have done nothing to make it possible to provide the promised /48 or even /56 subnets to all customers.
Very scary outlook given big layoffs loom on the horizon accross all tech sectors. AI will eliminate many jobs in tech sector like website creation and documentation. Those areas will be cut to the bone by summer, very similar to how publishers were impacted earlier this year. After that, testing and automation are the next big tranche to fall.
Jobs are being outsourced at high rate. Looks at the openings in India. Qualcomm just inaugurated a new facility in chennai. They just laid off 1200 in CA.
IBM and oracle has more employees in India than USA.
This economy is just a few months of layoffs away from Mad Max. Ammo up
Bi--hes.
Booming economy, just ask the press.
https://www.cnbc.com/2024/03/07/layoffs-rise-to-the-highest-for-any-february-since-2009-challenger-says.html