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2001-2002 was brutal; I'd built a career around a dying language & I wasn't living in a major tech hub. I lived off savings and contract work from a company tha
by neilk 7y ago
2001-2002 was brutal; I'd built a career around a dying language & I wasn't living in a major tech hub. I lived off savings and contract work from a company that was terrible, but had entrapped customers into their terrible software, so they had a steady cash flow.
By 2008 I was in California and had been working for tech giants. When the housing bubble popped I was laid off but quickly landed at a non-profit. Fun fact: non-profits are exempted from H-1B caps; as long as you can get hired, you can stay. I worked for what most San Francisco techies would have considered laughable wages.
On the other hand, working for that non-profit was probably the portion of my career that will have the highest impact on actual humans. Most tech industry jobs are the poem Ozymandias, except everything turns to dust in 4 years rather than 4,000. If you find yourself unemployed, it's probably better to be underemployed at a nonprofit.
- deleted 7y ago[deleted]
- kls 7y agoYeah dot com bust was much worse. I mean the market was over-inflated with flash developers with 6 months experience making $100k and sysadmins fresh out of their MCSE cert course making 80k. I joined a travel startup as the CTO when the dotcom bust was looking like it was coming in 99. 9/11 knocked us down for a little while but we built it back up and exited in a sale to Hotels.con. 08 was much better for me, I had a steady job with Marriott and tech skills where very much in demand. Dot com bust was a bad time to be out on the market the 08 crash was not.