4 ms·

> Reminds me of the predictions 20 years ago that outsourcing/offshoring would eliminate hands-on developer jobs in US/UK and other "expensive" countries. Well

by zz865 5y ago

> Reminds me of the predictions 20 years ago that outsourcing/offshoring would eliminate hands-on developer jobs in US/UK and other "expensive" countries. Well in the corporate world offshoring really is everywhere. Even Goldman Sach's, #2 office for engineers in is Bangalore.

brundolf 5y ago
Large corps have an economy of scale with this stuff. The smaller the company, the bigger a barrier it is
- throwaway0a5e 5y ago
  Once you're big enough to have incurred the extra overhead of having satellite offices in very different timezones adding more of them doesn't really add much more overhead.
- monkeybutton 5y ago
  Maybe they've always existed and I'm only noticing now because of remote working but there's a whole industry of companies that provide HR and IT (helpdesk level) services for smaller, distributed companies so you don't have to take on that additional overhead yourself. I think there's definitely potential for the corporate equivalent of geeksquad in the remote working future.
brianmcc 5y ago
Sure but my main point is that hands-on tech jobs in NY, SF, London, etc, remain plentiful.
AmericanBlarney 5y ago
Worked in tech at a large financial - while it may be second largest by headcount, I would guess perhaps not by total number of MDs/Partners? In my experience at a similar company, the off-shore offices were not viewed as being innovative or producing the same level of value per-person. There were a lot of junior/mid-level people there, but the projects were typically being driven from the US/UK. How does that stack up with GS?
- kcb 5y ago
  What I've seen from a financial company perspective is it's mainly cost center development that was handled by the overseas offices. Product and revenue development stayed in the US.
  - oblio 5y ago
    It's the same for most IT companies. The actual core business, secret sauce, top level management stays in the home country (in this case the US), and the remote offices get the grunt work and crumbs.

by zz865 5y ago

brundolf 5y ago

Large corps have an economy of scale with this stuff. The smaller the company, the bigger a barrier it is

throwaway0a5e 5y ago
Once you're big enough to have incurred the extra overhead of having satellite offices in very different timezones adding more of them doesn't really add much more overhead.
monkeybutton 5y ago
Maybe they've always existed and I'm only noticing now because of remote working but there's a whole industry of companies that provide HR and IT (helpdesk level) services for smaller, distributed companies so you don't have to take on that additional overhead yourself. I think there's definitely potential for the corporate equivalent of geeksquad in the remote working future.

brianmcc 5y ago

Sure but my main point is that hands-on tech jobs in NY, SF, London, etc, remain plentiful.

AmericanBlarney 5y ago

Worked in tech at a large financial - while it may be second largest by headcount, I would guess perhaps not by total number of MDs/Partners? In my experience at a similar company, the off-shore offices were not viewed as being innovative or producing the same level of value per-person. There were a lot of junior/mid-level people there, but the projects were typically being driven from the US/UK. How does that stack up with GS?

kcb 5y ago
What I've seen from a financial company perspective is it's mainly cost center development that was handled by the overseas offices. Product and revenue development stayed in the US.
- oblio 5y ago
  It's the same for most IT companies. The actual core business, secret sauce, top level management stays in the home country (in this case the US), and the remote offices get the grunt work and crumbs.