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Possibly naive question: Everyone's talking about how these companies are preparing for a global recession. But it's striking how specific to large tech compan
by unholiness 4y ago
Possibly naive question:
Everyone's talking about how these companies are preparing for a global recession. But it's striking how specific to large tech companies. Is it possible these companies are just seeing the new remote-first paradigm as an opportunity to replace US devs with cheaper, foreign developers?
Obvious this is absurdly difficult, but it's likely more realistic now than it's ever been before.
- charles_f 4y agoI don't think this is true, I have seen a number of small companies doing the same thing in here.
- dcolkitt 4y agoIt more has to do with tech companies having expanded headcount way more than other industries in the past few years. The reality is that tech cos overbites since market conditions were extremely ebullient in the tech sector circa 2021. A large fraction of those new hires never had anything productive to even do.
- cvhashim04 4y agoMaybe but likely not. Lots of devs overseas who work for these tech giants have also been cut. The 12k cuts is global.
- dopeboy 4y agoThese companies experienced solid growth during covid (because everyone was home using tech) and now that's starting to recede. They predicted this growth would continue and hired for it. They are choosing to recede that. > replace US devs with cheaper, foreign developers? The quality of the average engineer entering Google is significantly higher than the one of an average, foreign developer. That is a generalization, but not an over generalization. I know this having worked with a sample size of ~20 on each side of the coin.