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Ask HN: How are the current layoffs affecting non-US developers?
I was looking at the data used for layoff tracker [1] and it seems that the current wave of layoffs are mostly focused on US companies (~70%) and employees (~60%). And it got me wondering, how is the current career climate for developers who aren't in the US? I still get my daily recruiter spam in my inbox for companies hiring in west-Europe, it hasn't stopped.
[1] https://airtable.com/shrclnXK0pfoGjtih/tblQ0U46nsYopm2CR?backgroundColor=gray&viewControls=on
- yen223 4y agoDon't want to jinx it, but I haven't heard of any Sydney-based startups doing layoffs. I have heard about Sydneysiders from Microsoft, Google and such who were hit by layoffs though.
- PebblesHD 4y agoAlso Sydney, also not heard anything. It felt stable enough to take some extended leave to see family overseas and as far as I know business has carried on as usual.
- chad_oliver 4y agoI recently changed jobs in Melbourne (senior frontend developer). I was told by multiple different people that the average market salary has dropped by about 5-10k since this time last year, but I didn't struggle to get interviews and I was able to accept an offer for what was apparently last year's market salary. Some of the larger companies weren't hiring but in general the market seemed pretty steady.
- b212 4y agoWhat is considered a good SFE salary in Sydney now? Thanks!
- BFLpL0QNek 4y agoDuring the pandemic I was regularly seeing $170k AUD ($116k usd) + super (10% pension contributions) + equity if available, fully remote or 1-2 days a week in the office for senior/staff/principal roles. I’m now not actively looking but when I’ve had a quick browse on LinkedIn I’m seeing similar jobs now advertised at $140-150k. All now marked as “Hybrid” or must be in the office, remote has backtracked massively. Looking at the Hybrid definition a lot say 3-4 days in the office. For senior / staff / principal roles I won’t look at them if less than $170k which is still a huge pay cut on my current role, admittedly I got lucky with.
- noslacknoops 4y agoSydney-based seed round startup, ~40 people. From last month some folks started getting cut (mostly permanent senior engs) to be replaced with temporary 6-12 month junior/mid-level devs. Rumor is it's done to reduce the headcount "on paper". Might be just a "regular" optimization, we do payroll automation and with these AI tools popping up every day we might get out-competed soon. > Don't want to jinx it I think it's coming. Australia is always lagging behind. All indicators (RBA rates, etc) point that it will hit. Might be closer to winter.
- gfarah 4y agoHere in Latin America, the hiring of local developers by companies in the United States has decreased. Since July of last year, it has been much easier to hire and retain local talent.
- AYBABTME 4y agoThe amount of spam I get from recruiters in the US hasn't decreased either, and yet I'm at ground-zero of the layoffs.
- metadat 4y agoJust because a job gets posted doesn't mean it is actually available to be filled. The barrier to posting jobs to LinkedIn or other hiring platforms is extremely low. Don't let yourself be fooled into a false sense of confidence, you'd really need to test out the process to see if it can produce a real job offer! Doubly so in the current climate..
- AYBABTME 4y agoMy point was the same as yours. Recruiter spam isn't really a good metric.
- paulkrush 4y agoRecruiters are always selling and networking, regardless of the number of openings to fill. If there are few jobs every reference call is vital sales call to fill the account managers funnel. This is why, especially in slow times like this, you don't give references until after the technical interview.
- rwaksmunski 4y agoEastern Europe here, local full time offers are down, US remote freelance offers are up. Not sure what to make of it yet.
- fnbr 4y agoThey shut my office down in Canada. Lots of jobs. Most are remote for US companies though. Very few recruiters spamming me, but companies are very receptive to inbound inquiries from me. I’m a senior eng in AI research though, which is obviously having a big moment right now.
- jayzalowitz 4y agoping me. i may have something..
- taauji 4y agoHi jayzalowitz, I am a researcher in statistics and data science from university at Buffalo. Just reaching out to see if you have any potential opportunities that I might consider
- TMWNN 4y ago>They shut my office down in Canada. Lots of jobs. Most are remote for US companies though. Is it true that most employees of US tech companies in Canadian offices are immigrants who are parked there on their way to the US, or can't get into the US?
- Aeolun 4y agoWhy would they shut down offices in western Europe? That must be the absolute cheapest (western) region to hire for. In Japan it doesn’t seem to have affected much, though our parent US company went through a significant round of layoffs.
- outside1234 4y agoEurope is actually "net expensive" because there are high payroll taxes in some countries, and then, of course, in some countries it is virtually impossible to fire.
- yodsanklai 4y ago> in some countries it is virtually impossible to fire. Compared to the US, it may seem to be virtually impossible, but people are fired here too.
- kioleanu 4y agoOh man, I hear this on every such topic. It is in no way virtually impossible to fire someone, you just can't do it willy nilly because you don't like someone's face. You just have to follow well defined procedures (pip is a thing here too)
- kcartlidge 4y agoThis. It's reasonably easy to fire someone, provided you have genuine cause.
- danieldisu 4y agoYou can still have senior engineers for less than 100k€ (including taxes and everything that the company have to pay for) That’s even cheaper if you hire them as contractors
- majikaja 4y agoFeels like Tokyo is the new Mumbai... Not a developer but I exited the job market completely. Not worth it.
- KptMarchewa 4y agoPoland. Amount of recruiters on LinkedIn decreases but they still exists. Heard of 0 layoffs whatsoever though.
- deleted 4y ago[deleted]
- throwaway5637 4y agoI worked on a very internationally distributed team of ~50 people, and was one of the two US citizens working on the onshore US component of that team (about 14 people). Myself and one other H1B on the US team were the only ones laid off on the larger 50 person team, and the layoff decision was unilaterally made by a director in Singapore. This is at an American semiconductor company that took $40B from the government a few months ago to increase its US presence, for reference.
- canpan 4y agoJapan here. It does not seem to affect much. Companies look based on their performance. Interestingly, we got more applicants from the US and Canada recently. I heard multiple times that people want a "stable" job over higher comp. Especially young developers. Culture shift? Some companies actually raised salaries recently because of the cost of living (See the news about Nintendo and others). However the salaries in Japan have been stagnant for years, so this was kind of overdue.
- majikaja 4y ago>Culture shift? Maybe one could call it accepting economic reality.. I don't recommend pure development as a career here for people who want to earn big money.
- seanmcdirmid 4y agoA lot of young people want the experience of working abroad, they just want into live in and experience another culture. Not really economic refugees (yet). I did this in china for 9 years and it was a great life experience, although my compensation lagged a bit compared what I could make in the states (now working for google to catch up).
- unscaled 4y agoFiring full-time employees in Japan is quite hard. If the company is taken to court, the burden of proof is quite high. Disclaimer: I'm not a lawyer, so all that I say here is my personal understanding, from working in Japan, but also from talking to lawyers about this. Firing an employee due to lack of competence or bad performance is permitted by law, but practically unheard of in practice - the bar for proving this is quite high. Firing an employee due to misconduct is possible, but the bar is quite high. Embezzlement, getting kickbacks or getting into trouble with the law (outside your job) are common causes for termination, but I've even heard of cases of embezzlement and kickbacks where the employee in question was demoted instead of being fired. Firing an employee due to the company's financial situation is often referred to as Risutora (corporate restructuring). That's perfectly doable, but the bar again is high. If the company is taken to court, they will have to prove the economic necessity for reducing their workforce and that they tried anything they can before they resorted to firing people. This includes: - Offering a voluntary resignation plan. This means the employee reigns and get some monetary compensation. - Cutting other unnecessary costs besides salaries (otherwise they cannot prove economic necessity) - Selecting the employees that will be fired based an objective and fair criteria, no random culling of 10% of your workforce. Since the bar for all of these is quite high, employers in Japan will more often try to negotiate voluntary resignation plans or (unfortunately quite often) bully their employees into resignation. The bullying tactic involves demotion, changing the job's content or trying to harass the employee in various ways until they decide to quit. This can also be challenged in court, but this tactic apparently shifts more of the burden of proof to employees. The most common tactic big companies use in Japan to avoid all this hassle is to just not hire all of their employees as full-time employees. A great chunk of the workforce in Japan nowadays are fixed term contract employees, part-time shift employees or outsourced employees of various types. Edit: I also have to add that from my personal observation, IT salaries in Japan experienced major growth over the last 10 years. YMMV depending on the type of company and the industrial sector, but if we focus on Japanese tech-focused companies (Yahoo, Rakuten, LINE, Mercari etc.) the average yearly salary grew by a 30% or so, and on the high-end you can see international companies and some Japanese tech companies offering senior positions at 20-30 million JPY / year. That's significantly lower than US salary at tech hotspots, but seems quite in line with salaries in Europe. https://japan-dev.com/blog/software-developer-salaries-in-japan-the-ultimate-guide https://japan-dev.com/blog/software-developer-salaries-in-ja...
- gregplaysguitar 4y agoIn New Zealand - most layoffs I’ve heard about have been US companies trimming offshore staff. At least one high profile local startup has laid people off though. Speaking as a hiring manager it’s definitely been easier to find people since around mid 2022
- xupybd 4y agoIt will be interesting to see what happens as a result of the flooding. I imagine New Zealand's economy is going to take an extra hit with that.
- flog 4y agoBoom times for anyone in road building and construction, probably. It's been described as a billion dollar weather event on par with the Christchurch earthquake 10+ years ago.
- keithnz 4y agoIt tends to release a lot of insurance money into the economy and a lot of work restoring things. Not good for inflation. A bunch of the mid/large (for NZ) tech sector companies tend to be a bit divorced from the NZ economy as many target a global audience, biggest factors tend to be the exchange rate/cost of living.
- slyall 4y agoApart from one high profile NZ startup (possibly the same one) most companies seem to be okay. Lots of companies still hiring although not as aggressively as a year ago. I know someone who lost their job at gitlab and various others working remote for US companies are worried. Most NZ It jobs are at companies serving local users or smallish NZ companies serving global markets. Relatively few work for a big global company that could easily move their job elsewhere.
- 100721 4y agoMy company was affected. We closed our India office, 1/3 of our global offices. Late last year, a lot of our engineering team was let go - somewhere between 20 and 30%. This year, between 20 and 30% of the sales / marketing folks were let go. In my opinion, these were reasonable decisions that were brought about by poor management. New management is doing a good job, and made the hard, necessary call. Thus, it's hard to say how much an impact the economy has had. It certainly seems to have been a catalyst, but these internal changes were also a long time coming.
- Sebb767 4y agoGermany here. I heard that some startups are freezing hiring, especially vc-funded ones (money has become expensive on this side of the pond, too). Recruiter spam also has died down a bit. That being said, the market still seems comparatively healthy and AFAIK there have been no large-scale layoffs.
- phxql 4y agoI still get a lot of recruiter spam. Maybe because my tech stack is used in slow-moving enterprises (Java, Spring Boot), not sure.
- thundergolfer 4y agoAustralia has been fine. Amongst the big software engineering hirers (Google, Atlassian, Canva, big banks, WiseTech, AWS) only Google Sydney is known to be doing layoffs. Zendesk (Melbourne) did layoffs last year, but this was small scale I think, and mostly driven by their company-specific troubles.
- solution-finder 4y agoA few layoffs in Microsoft Sydney too.
- mbo 4y agoLayoffs in Amazon Brisbane.
- ulfw 4y agoSeveral companies did layoffs here. Australia is not immune. Some American companies like Google and twitter layed off etc. "Mark43, a US company that builds online platforms for public safety organisations like police, fire or other emergency services, made its entire Australian office redundant at the end of June. Former staff member Gary* estimates around 70 people were laid off, with most of them based in Sydney." but also local companies https://itbrief.com.au/story/one-in-five-young-aussies-in-tech-expecting-redundancy https://itbrief.com.au/story/one-in-five-young-aussies-in-te... https://www.news.com.au/finance/work/at-work/finder-staff-shocked-by-abrupt-job-cuts-as-15-of-the-business-is-restructured/news-story/6907cf73ddddceb30018521871c89d3c https://www.news.com.au/finance/work/at-work/finder-staff-sh... https://www.news.com.au/finance/work/at-work/sydney-technology-company-kinde-lays-off-285-of-staff-as-focus-moves-to-product-team/news-story/618e97ecfe4b7e088a6ff39a70a78bcb https://www.news.com.au/finance/work/at-work/sydney-technolo... https://www.news.com.au/finance/business/other-industries/melbourne-tech-company-envato-lays-off-100-staff/news-story/6c76357cb299163d45ba2a987b593f98 https://www.news.com.au/finance/business/other-industries/me...
- amorphic 4y agoAustralia here also. I'm a Tech Lead with a solid CV looking for a new gig. I'm finding it noticeably more difficult to get recruiter attention (let alone interviews) than I'd expected. My gut feeling is that there are likely more candidates applying for any given job than there were late last year.
- daliusd 4y agoLithuania. There were at least 3 companies last year who reduced their IT workforce: Interactio, HCL Technologies Lithuania and Genius Sports. As well last year Uber announced that they will close Lithuanian office but people can relocate (I know people who chose to move to different companies in Lithuania). This year I heard only about TrustPilot firing someone (or everyone). It looks like companies choose not increasing salary path nowadays. That means the only way is to switch jobs to get salary increase and I know several people who did that recently. Company I work at is looking for front end developers as well. I have direct invite to some companies and I know that in case I lose my job I will get new one next day. LinkedIn spam reduced from 2 offers per day to 2 per week but I still get them.
- cfothowawayy 4y agoit should only affect USA. most companies depend on investor money (some to live, like tsla, uber. some because of bonuses tied to stock prices) those companies know that investor money is directly related to FED rate. if its zero, they get invested, if its high, people will put money to work elsewhere. they only lever they have to control fed rate is unemployment. they know they are hurting their business by laying off people they fought to acquire, but their incentives for investor money is higher than anything else. so their plan is to increase unemployment in the USA so fed lower rates so investment money keeps flowing.
- arouzrokh 4y agoWords of wisdom!
- freetinker 4y agoGreat comment, spot on. Incentives drive behavior. This explains it correctly and cogently.
- unmole 4y agoWhat impact does an individual company have on unemployment figures? If the only point of layoffs was increasing unemployment, what incentive does an individual company have for laying off employees?
- freetinker 4y agoIt wasn’t just one individual company in this case, but a seemingly coordinated cabal like industry-wide action. Strength in numbers. A “corporate union” action if you will. All highly profitable companies sitting on mountains of cash. The layoffs were an exercise in capital asserting dominance over labor and financial engineering.
- unmole 4y agoAgain, all the tech layoffs ammount to a drop in the bucket in terms of overall jobs. Rapacious capitalists acting in the interest of their class to their own detriment is certainly a take.
- deleted 4y ago[deleted]
- FrankLicea 4y ago- US companies are less likely to offer 15K/month, whereas before it wasn't uncommon - Local Latam companies are having an easier time retaining talent - Devs in Latam have lowered their salary expectations and often are putting regular salary increases on pause - There's less job hopping between firms now
- betaby 4y agoHow common are/were 15K/month salaries in Latam? That's a good money (180K/year) even by US standards, not mentioning other parts of the world.
- FrankLicea 4y agoIn the last 4 years of operations in Latam we saw it a handful of times, all during the last 1.5 years of the Covid hiring mania. Mostly by big companies. What’s telling is that we haven’t seen those offers since. In fact we’ve seen rates negotiated down unfortunately.
- jmyeet 4y agoThat's so weird that layoffs have primarily been in the US, the most expensive labor market. It's almost like the layoffs aren't really out of any necessity in most cases but are just an attack on labor and labor costs. That aside, it is worth noting that a lot of other countries make it a lot more difficult to lay people off and when you do there are more protections, greater notice periods and so on. So it may just be that layoffs are happening overseas and we haven't really heard about them yet. Also, most non-US offices of big tech companies tend to e a lot smaller. London is a bit of an outlier.
- unmole 4y agoThis is such a bizzare take. If a company was looking to cut costs, why would it start anywhere else but the largest and most expensive part of the business?
- jmyeet 4y agoSo at the end of 2022, Google apparently had 190,000 FTEs. The 2022 FY income statement lists revenue of $238B and cost of revenue of $126B. Those costs aren't really broken down so we have to guess. According to [1] the median employee compensation in 2021 was $296k. Now that's not a mean and it also isn't speific about what's included (eg perks, health insurance, retirement savings, food, etc). Once you factor in office space an average of $350k/employee as a baseline cost probably isn't too far off the mark. At 190,000 employees times $350,000 that's a cost of $66.5B/year, which is more than half of the cost of revenue. Labor is the biggest expense. It also echoes "investor" concerns about how the cost of revenue is rising faster than revenue is increasing (ie lower profit margins). Or what are you arguing is a bigger cost? [1]: https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/alphabet-retains-top-median-employee-salary-hits-lowest-ceo-pay-gap-in-tech-71896693 https://www.spglobal.com/marketintelligence/en/news-insights...
- deleted 4y ago[deleted]
- unmole 4y ago
- speeder 4y agoBrazilian here: for laid off in November by an UK based startup and still unemployed. Local companies seemly are willing to hire but because the flood of fired workers they are offering really bad wages. I got offered work as embedded C dev for 300 USD month... I didn't accept back then because I was still working in my old job. I regret not taking that job now. 300 USD at least is more than 0 USD.
- allanrbo 4y ago300 per month, 300*12=3600 per year, seems a lot lower than median for Brazil: https://www.levels.fyi/t/software-engineer/locations/brazil https://www.levels.fyi/t/software-engineer/locations/brazil . Guess there must be a huge span between companies then.
- defrost 4y agoI'm thinking that was meant to be $3,000 USD per month ~ $36K annum in Brazil (which is circa Brazil median dev salary).
- speeder 4y agoNo. I mean 300 USD per month. If I was offered 3000 USD per month I would jump with joy and be extremely thankful. My last job I was earning something like that and people here started to treat me as if I was extremely wealthy.
- defrost 4y agoDamn. I'm in Australia and don't expect big ticket US paychecks myself, but that does seem low for embedded C dev work - there's some skill required there. I guess it's all relative to whatever economy you're embedded in though. Good luck and best wishes going forward.
- pcthrowaway 4y agoLevels doesn't seem to track salaries for your average "mediocre" (see, work-life-balance prioritized) developer quite as well. In Canada their end of year report listed some cities with median salaries of 100-130K USD, but I think most Canadian devs aren't on levels, and earning a bit less. For example, the Canadian government pretty much pays software engineers between 40K-80K USD (even for 20 YoE). They're surely a massive employer, but they're not listed on Levels Not that working for big tech or U.S. companies is that much more desireable, but it does pay a lot more, and those people are more likely to be reporting on Levels
- StopHammoTime 4y agoStill going through a talent drought. Has barely made any impact.
- b212 4y agoPoland. On one hand it’s a bit slower on the other Google here hiring like crazy, Netflix opening up an office, Shopify acquiring whole companies… To me it seems like big tech fires in the US then look for cheaper workforce elsewhere. Or maybe just a coincidence?
- deleted 4y ago[deleted]
- A4ET8a8uTh0 4y agoHard to say. It might be, but I did notice some not so subtle memes posted on LinkedIn about "dont wanna come to office? lemme get someone from India; you want donuts tomorrow boss?". I am oddly inspired that the old country is getting slowly recognized as a place to pick up developers though ( it makes sense, big English speaking population, similar values ).
- KptMarchewa 4y agoSlowly recognized? Indian programmers have been a constant thing for way over 10 years now.
- A4ET8a8uTh0 4y agoApologies. Clumsy phrasing. I meant Polish programmers, but comparison used in memes was about Indian programmers.
- throwaway900001 4y agoCan confirm. I, a software engineer (along with many others), was laid off and new teams are being brought up in Poland to do the same work.
- Dopameaner 4y agoCan confirm for Cisco India.
- deleted 4y ago[deleted]
- azophy_2 4y agoIndonesia got hit pretty hard. Someone event made a tracker for it [1]. Currently at least 42 companies have been affected. [1] https://ecommurz.com/layoff/ https://ecommurz.com/layoff/
- kypro 4y agoUK. I was looking for a job last month. It was harder than it typically would be. A lot of recruiters were talking to me, but then not getting back to me. I doubt it was an experience thing either. I think it really depends on what you're looking for. There's stuff around still, but it seems salaries are generally lower and interesting jobs are harder to come by. Then when you do find something there seems to be more competition and it's harder to secure an interview.
- Saigonautica 4y agoVietnam. The hiring market for programmers isn't as hot as it was say, a year ago. However, none of my colleagues have lot their job and the overall sentiment from people I know is that it's business as usual.
- monkzreo 4y ago[dead]
- gkanai 4y agoJapan. No significant layoffs in tech afaict. The large companies are being urged by the govt. to raise salaries (as historically they base salaries are low in comparison to peers in other G7-G8 nations in similar roles).
- nus07 4y agoInterestingly no comments from anyone in India considering that is the largest tech market outside the US and where majority of jobs are moving to and India seems to be one of the few countries growing and projected to do well in this economic slump environment. I guess all their developers are busy working so no time for HN.
- unmole 4y agoThe thread was posted 3 hours ago when it was 5:45 AM in India.
- qzuipo 4y agoIndia: Layoffs are happening more in the startups here. A lot of startups in the past few years hired like crazy and salaries also went through the roof. Established companies had tough time retaining people. Service companies are scaling down hiring, reducing the salaries for freshers and delaying onboarding. https://timesofindia.indiatimes.com/business/india-business/wipro-halts-its-programme-to-up-freshers-pay/articleshow/98108006.cms?from=mdr https://timesofindia.indiatimes.com/business/india-business/...
- foobazzy 4y agoIndia. Was laid off in August while working for a US-based company. My first layoff in a 10-year career. Still looking for a job. I'm broke. As in "can't pay my bills next month" broke. People are hiring but remote jobs are hard to find. (I have family responsibilities and cannot relocate) I did find jobs. People who took 7 rounds of interviews then never released an offer letter. AFTER verbally confirming that I'd gotten the job. This has happened thrice now. I started with asking for $5000/mo (last drawn). But now, I'm willing to work for anything that pays the bills. I'm in dire need and at my wit's end.
- Handprint4469 4y agoOne of my Indian coworkers mentioned once in passing that he could cover his living costs for the year using 2 months' salary (we work for a US company, yearly salary is below 6 figures). He implied that he could stop working and live comfortably for 20+ years using what he had saved in the past 5 years. Is your situation special, or are your monthly expenses that much higher?
- iepathos 4y agoNot even sure the US layoffs are really impacting US developers. The US unemployment rate keeps going down month to month despite big tech layoffs. The devs getting laid off are being snagged by other companies almost right away.
- prpl 4y agoAll that talent centralization at large tech companies had to come from somewhere - it’s not like 100k devs magically just appeared from college. They finally got what they wanted after 15 years of talent wars and now they were happy to toss it aside. My guess is small and mid-cap companies have a lot of open positions still from the great resignation.
- uvu 4y agoSingapore here: lots of layoff. My current company is effected. Layoff over 90%. Most of my friends are okay in their current jobs. When I apply for new jobs, mostly crypto companies are replying. Most companies stop hiring.
- ignacioaal 4y agoMexico here. I work for an American company and they just recently laid off about 16% of their staff, including 49 engineers and product managers. It was pretty harsh. They fired contractors from Latin America and full time employees from the states.
- deleted 4y ago[deleted]
- anshumankmr 4y agoI just got promoted. Without a salary bump. ):
- anshumankmr 4y agoI am from India BTW
- sumedh 4y agoIs that really a promotion?
- ldehaan 4y agoI am hiring out of Mexico and India. But mostly Mexico. Lots of software jobs are moving there.
- jdmoreira 4y agoSweden. A lot of layoffs here as well. I wasn't affected but know devs that were. My understanding is that the most senior the dev, the easier it is to bounce back. Know people that got another job within 2 weeks with higher pay.
- dr__mario 4y agoSpain. Data Eng. manager. I switched jobs a week ago. Although there are some startups with a freeze (because of failed investment rounds), the hiring market looks healthy: same salary ranges, recruiter spam with same frequency.
- dusted 4y agoDenmark. Business as usual. Only layoffs seem to be the bubbles that we expected to burst anyway.
- rvense 4y agoI work for a Danish startup. Can't comment on the market, but we're looking for another round of funding and oh dear was this a whole lot more fun two years ago when we got our for pre-seed.
- dustedcodes 4y agoUK has been unaffected it seems. Lots of companies hiring right now.
- birdstheword5 4y agoI second this - there's been a bit of budget cutting at my current company but really nothing has changed. Not sure why we're so unaffected here (touch wood). Perhaps there is less work on "bubbles"
- thorin 4y agoUK has a lot lower % of VC funded startups. Would be interesting to see the stats on that. Most UK IT is directly servicing customers through consultancies or inhouse. UK recession/inflation is bad at the moment, but almost everywhere seems to have a hiring issue as well, which started around Brexit/Covid and has only got worse recently.
- akmarinov 4y agoGermany Local small social network startup’s main investor decided it’s not worth it, probably due to money being not that cheap now. Fired 30ish people, left a skeleton crew of 2 people. Abandoned the 100k MAU Android app, iOS only now.
- Volrath89 4y agoGermany too here. I interviewed at a company in Dortmund with international customers that paid really well and passed the technical interview, salary was very good for europe, but I am on hold for maybe weeks or months because the customer has not approved new requirements and even current devs are in danger of being let go. In Munich it seems I am crazy to have a salary expectation of over €100k/year. Only have been offered positions to lead teams for €80-€90k. Individual contributor positions seem very hard to get at least at those salaries, plenty of IC positions for €45k-€60k. Google here ghosted all my applications since last year.
- fileeditview 4y agoIt is also my experience that somewhere between 80k€ and 100k€ there is a magical barrier for 99% of all companies in Germany. Even if you are a senior. The only real chance to go above is a leading role. Of course there are some (but very few) exceptions.
- milowang 4y ago[dead]
- orwin 4y agoFrance. The cryptocurrencies startup are failing. The startup ecosystem was less crazy than Us/Uk/Germany, and seems still going as it was (minus crypto, plus AI). Embedded is still going strong. Lots of opportunities for devops here in banking/insurance.
- bigpeopleareold 4y agoNorway here. I got laid off, but it was less of a deal because I was on my way out soon anyway, so it really worked out nicely. I got a new position relatively quick (relatively, because everything slows down near the end of the year.) I think that the strong US dollar has put a bit of a damper on companies that have diverse cash flows in different currencies, my former employer included, particularly if their bills are denominated in dollars primarily. My new employer is international, but where I will work probably has a lot of cash flow in the local currency, so I presume things will be influenced by interest rate policy here (which stands at 2.75% now and rate hikes have slowed down significantly.)
- sometimes_all 4y agoHere in India most of the VC funded startups and large international tech companies are laying off people left and right. Most VCs are funded from international clients, who are fleeing with their money for good reasons; the grow-at-all-costs model hasn't worked out yet, and time is up because interest rates. Hiring also seems to have been paused. I used to get recruiter inmail at least three times a week, but have only received 2 in the past three months. This has not impacted other sectors outside IT/tech/startups. If you are currently a developer in a decently sized company in a different sector, you're likely fine. Non-software firms will obviously use the opportunity to lowball you on further salary growth, but it's unlikely that you'll get laid off soon. I just hope people didn't go end spend all of their massive salaries they earned in the last few years since it's going to get even more difficult in the near future.
- pigtailgirl 4y ago-- South Korea - naver - kakao - huyndai - samsung - all hiring like crazy for developers - if you're a developer in south korea finding a job is very - very easy --
- valevino 4y agoBrazil The big international companies here are not layoffing many Brazilian teams AFAIK. There are many reasons for that and we can discuss that further if someone wants. The national unicorn startups are layoffing a lot. As they need to cut costs, they don't have much choice. About the small/medium size companies, it's hard to talk about because some of them were smarter and stop hiring before this create a problem for them in the future. Others just follow the flux and now are firing people too.
- desaiguddu 4y agoNot an individual, but an agency working with international clients from India on team augmentation/ build your team basis. In last June - we had 6 clients for whom 30 engineers were working. All our clients downsized on external consultants & we had to let go some of the people.
- zihotki 4y agoNetherlands I haven't heard about layoffs. I'm currently looking for a position of a .Net senior dev/tech lead and the market here has cooled down. There are almost no positions for 85+k. Number of positions is considerably lower than it was a year ago. Year ago I was also applying but the war changed my plans.
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