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This will bring layoffs for just Q1 of this year to >170K: https://layoffs.fyi/ https://layoffs.fyi/ With no end in sight, how many more laid off devs can the
by pcthrowaway 4y ago
This will bring layoffs for just Q1 of this year to >170K: https://layoffs.fyi/ https://layoffs.fyi/
With no end in sight, how many more laid off devs can the industry really support?
- myth_drannon 4y agoMany companies that couldn't hire before now are in a hiring spree.
- gangstead 4y agoThat's what's happening on my email team.
- hahla 4y agoMore than half of the layoffs will affect staff at its non-billable corporate functions, the company said, sending its shares up more than 4% before the bell. The second paragraph in the article.
- zoomablemind 4y agoWhat are these "non-billable corporate functions"?
- tstrimple 4y agoPeople who aren't consultants that bill clients. Based on my experience, there aren't a lot of useless middle managers in consulting as they prefer people with client billable skills. Of the folks I work with, the sales staff aren't billable (but they bring in the sales and are likely safe in scenarios like this) and neither is HR and some of the administration roles. I'm a regional practice manager for a large consulting firm responsible for technical excellence for our consultants as well as setting the strategy for our cloud and applications development practices. I'm still a billable resource who is expected to deliver value directly to individual clients when I'm not doing that or working on new pursuits. The vast majority of people I interact with on a daily basis are all billable. It's not until you hit regional and national VP roles that the demand for billing drops off.
- vishnugupta 4y agoAccenture is a body shop so anyone who isn’t working for a client will constitute as non-billable Corp function. HR, marketing, sales, middle management, recruiters, IT admins, and so on.
- KptMarchewa 4y agoIt's all "employees" not only "devs".
- _bohm 4y agoFrom the article: > More than half of the layoffs will affect staff at its non-billable corporate functions So presumably a lot (most?) of these laid off individuals are not devs
- siva7 4y agoAccenture isn't a tech company, so this doesn't count
- mikedg1 4y agoWhile a lot of these companies are dev heavy, many of those laid off are not even developers
- arcbyte 4y agoThere are a huge number of "devs" that only graduated from bootcamps, don't have a passion for development, and are in it only for perceived low effort high salarial benefits. These people are going to exit the industry and go back to their former occupations as the bar to hiring increases even a little.
- danjac 4y agoHow many are developers vs sales, HR etc?
- drstewart 4y ago>With no end in sight Who said there's no end in sight? Are you saying layoffs will continue indefinitely until there are zero software developers in the world? >how many more laid off devs can the industry really support? How many millions of developers are there (according to the 2020 Developer Survey by Stack Overflow, there were over 60 million developers worldwide)? What fraction of this is 170k, and how many will be rehired just as part of normal hiring?