2 ms·
In the original dot comm bubble, there were about 700k US devs. Now there is nearly 5M. In the dot comm bubble, we lost 5-10% of developers. So far in the curre
by sethammons 3y ago
In the original dot comm bubble, there were about 700k US devs. Now there is nearly 5M. In the dot comm bubble, we lost 5-10% of developers. So far in the current environment, we've lost about 250k jobs, which is right around 5% also.
There was a big difference between now and then too: then, so many companies were nothing burgers with no real product and no real revenue.
I graduated in 2005. I chose to go into public education as a teacher because it paid more than software development (35k for a dev, 40k for a teacher).
Yeah, shit's hard right now. I still think it was worse back then. Nobody would consider it a better choice to be a teacher today.
https://en.wikipedia.org/wiki/Software_engineering_demographics https://en.wikipedia.org/wiki/Software_engineering_demograph...
https://news.crunchbase.com/startups/tech-layoffs https://news.crunchbase.com/startups/tech-layoffs