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> The developer job market is unlikely to ever fully bounce back. > The overall developer job market will continue to fluctuate, but without dramatic change th
by willcipriano 3y ago
> The developer job market is unlikely to ever fully bounce back.
> The overall developer job market will continue to fluctuate, but without dramatic change there isn’t much on the horizon that seems likely to turn the decline around.
My prediction: As soon as they cut interest rates, probably around June or July of this year, firms will start investing again and the hiring will follow. Probably will have a sellers market for labor like during the pandemic.
- tra3 3y agoHard to say. If there are indeed as many bench warmers as some have said then businesses will truly not need as many people. What the article doesn’t seem to mention that after dot com the industry expanded dramatically. Anecdotally, everyone I know who’s been cut has found a job, with a reduction in pay in some cases.
- willcipriano 3y agoGoogle probably doesn't need that many people. The economy generally needs more than we have. What's going on now is more like a capital strike. Businesses aren't behaving very competitively, offering the same products and services as a few years ago just with higher prices. That won't last forever eventually this automated future will need to actually be implemented and many developers will be needed.
- collyw 3y agoI have heard that interest rates are set to stay high, what makes you expect them to cut them?