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Me and many other people commented here when the whole thing started that layoffs in a time of record profits and cashflows were basically a strategy to keep sa

by lp4vn 3y ago

Me and many other people commented here when the whole thing started that layoffs in a time of record profits and cashflows were basically a strategy to keep salaries low. At this point I honestly don't know how innocent one has to be to think that everything is an organic coincidence and not an orchestrated move. Companies colluding to make the life of workers worse and boost their profits, that has never happened before in the history of humanity.

nostrebored 3y ago
Keep salaries low? This is one of the boomiest industries, with truly insane salaries, with years of employee-favorable conditions. Beyond that, we’re in for years of macroeconomic reckoning for unresolved asset bubbles in the 2000s and horrendously bad COVID policy. Laying off makes sense. Sometimes you hire to backfill roles or for strategic teams. Sometimes an H1b is the correct hire.
- lp4vn 3y ago
  >This is one of the boomiest industries, with truly insane salaries How many software developers can, in a reasonable timeframe, buy a house in the place they live and support alone a family of four people? Then the truly insane salaries you are talking about are not really that insane. >Laying off makes sense. Sometimes you hire to backfill roles or for strategic teams. Sometimes an H1b is the correct hire. Developers are seen by companies as over expensive peons and they have been maneuvering to turn the whole field in an low cost industry. I hope you are younger than 30 to still hold such a naïf worldview.
  - bradleyjg 3y ago
    How many software developers can, in a reasonable timeframe, buy a house in the place they live and support alone a family of four people? Then the truly insane salaries you are talking about are not really that insane. House prices have gone absolutely nuts in the last forty years. We are witnessing the largest generational transfer of wealth in the history of the world. Healthcare and education have also experienced broken cost growth. But those are problems for everyone that’s not on the winning side of these giant money sucks. It doesn’t change the fact that ratio of programmer salary to median salary has been moving way up. It’s both true that we are doing relatively much better and we are getting screwed by costs just like everyone else.
    - ajmurmann 3y ago
      > It doesn’t change the fact that ratio of programmer salary to median salary has been moving way up. This has been true up to about a year ago
      - bradleyjg 3y ago
        I’m in the industry too and would like to see it resume. But this small reversal is not why we feel poor. That’s not a programmer specific issue. The causes of that are things we can band together with people across many industries to fight. Like breaking the power of the land-owning gerontocracy.
  - cj 3y ago
    > How many software developers can, in a reasonable timeframe, buy a house in the place they live and support alone a family of four people? I'm not sure if this is sarcasm, but probably 80-90% assuming you adjust your living standards and move to an area that is affordable. Yes, it's probably more like 10% if you're sending your kids to private school, buying a house in expensive metros, etc.
    - turquoisevar 3y ago
      Luckily these companies that are trying to depress wages are super chill about working from home and are absolutely not demanding that their employees live nearby in the Bay Area so they can come into the office by executive decree…
michaelteter 3y ago
Some people refuse to consider any evidence because they believe that “free market” capitalism is inherently good and correct.
- deleted 3y ago
  [deleted]
oceanplexian 3y ago
I always have a healthy dose of skepticism when it comes to conspiracy stuff like this, but it's not like they weren't busted before. Apple and Google were caught red handed for their secret anti-poaching agreement (With the Jobs/Schmidt emails leaked to prove it). All these CEOs are in the same social circles, it's not a big reach to think they chat with each other behind the scenes about things like RTO, Layoffs, etc.
- ajmurmann 3y ago
  I thought there was very open evidence of activist investors actively pushing for this
intalentive 3y ago
People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices. — Adam Smith

by lp4vn 3y ago

nostrebored 3y ago

Keep salaries low? This is one of the boomiest industries, with truly insane salaries, with years of employee-favorable conditions. Beyond that, we’re in for years of macroeconomic reckoning for unresolved asset bubbles in the 2000s and horrendously bad COVID policy. Laying off makes sense. Sometimes you hire to backfill roles or for strategic teams. Sometimes an H1b is the correct hire.

lp4vn 3y ago
>This is one of the boomiest industries, with truly insane salaries How many software developers can, in a reasonable timeframe, buy a house in the place they live and support alone a family of four people? Then the truly insane salaries you are talking about are not really that insane. >Laying off makes sense. Sometimes you hire to backfill roles or for strategic teams. Sometimes an H1b is the correct hire. Developers are seen by companies as over expensive peons and they have been maneuvering to turn the whole field in an low cost industry. I hope you are younger than 30 to still hold such a naïf worldview.
- bradleyjg 3y ago
  How many software developers can, in a reasonable timeframe, buy a house in the place they live and support alone a family of four people? Then the truly insane salaries you are talking about are not really that insane. House prices have gone absolutely nuts in the last forty years. We are witnessing the largest generational transfer of wealth in the history of the world. Healthcare and education have also experienced broken cost growth. But those are problems for everyone that’s not on the winning side of these giant money sucks. It doesn’t change the fact that ratio of programmer salary to median salary has been moving way up. It’s both true that we are doing relatively much better and we are getting screwed by costs just like everyone else.
  - ajmurmann 3y ago
    > It doesn’t change the fact that ratio of programmer salary to median salary has been moving way up. This has been true up to about a year ago
    - bradleyjg 3y ago
      I’m in the industry too and would like to see it resume. But this small reversal is not why we feel poor. That’s not a programmer specific issue. The causes of that are things we can band together with people across many industries to fight. Like breaking the power of the land-owning gerontocracy.
- cj 3y ago
  > How many software developers can, in a reasonable timeframe, buy a house in the place they live and support alone a family of four people? I'm not sure if this is sarcasm, but probably 80-90% assuming you adjust your living standards and move to an area that is affordable. Yes, it's probably more like 10% if you're sending your kids to private school, buying a house in expensive metros, etc.
  - turquoisevar 3y ago
    Luckily these companies that are trying to depress wages are super chill about working from home and are absolutely not demanding that their employees live nearby in the Bay Area so they can come into the office by executive decree…

michaelteter 3y ago

Some people refuse to consider any evidence because they believe that “free market” capitalism is inherently good and correct.

deleted 3y ago
[deleted]

oceanplexian 3y ago

I always have a healthy dose of skepticism when it comes to conspiracy stuff like this, but it's not like they weren't busted before. Apple and Google were caught red handed for their secret anti-poaching agreement (With the Jobs/Schmidt emails leaked to prove it). All these CEOs are in the same social circles, it's not a big reach to think they chat with each other behind the scenes about things like RTO, Layoffs, etc.

ajmurmann 3y ago
I thought there was very open evidence of activist investors actively pushing for this

intalentive 3y ago

People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices. — Adam Smith