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This is a weird take. Are you arguing that we aren't seeing an abnormally high number of layoffs in tech? That this is just "media sensationalism"? Nearly all
by time_to_smile 4y ago
This is a weird take. Are you arguing that we aren't seeing an abnormally high number of layoffs in tech? That this is just "media sensationalism"?
Nearly all the layoff reports I've come across I hear about before they're in the mainstream media. Additionally I predicted months ago that we'd be seeing massive layoffs in tech, before the media was talking about it at all.
These layoffs are real, are atypical for what we've seen the past decade, and are impacting a large number of real devs.
Honestly I haven't even seen the media talking about it until the last few weeks. When I talked about impending tech layoffs back in Oct-Nov nobody outside of the tech community had any idea that there were any issues facing tech.
I hardly see how layoffs are being "played up" rather than just being reported.
- horsawlarway 4y agoIf you look at most of the headcounts from companies doing layoffs - you'll see that they're still sitting around the 2021 numbers after accounting for the cuts. So basically - we had a large glut of hiring during covid in tech as demand was high for those products and services (being in lockdown certainly helped) and now we're seeing a relatively minor adjustment back down. Given the increased interest rates and the slump in demand - I think we're actually still well on the light side of the possible wave of layoffs. I think the reporting is still in line with the gloom and doom headlines that attract attention. Basically - they're reporting much more on the tech layoffs because it garners views. The increase in tech hiring was just as hard - and while it did get media attention, it was not nearly as intense and recurrent.