3 ms·

Quite a lot of companies are thinning the herd for the past months and it is set to continue for I have no idea how long. I might stop tomorrow but I highly do

Quite a lot of companies are thinning the herd for the past months and it is set to continue for I have no idea how long. I might stop tomorrow but I highly doubt it. The more places get rid of workers the more the pendulum swings giving more power to the companies over their employees and who they hire. A lot of tech worker primadonnas who have not seen the ugly politics of downsizing, right sizing, and outsourcing are going to have a tough time, as companies won't be bending over to hire folks anymore. The possibility of being unemployed not by choice, for a few weeks, until a phone call is made and a new job awaits, but as a reality for months. The attitude that "I QUIT if I have to the office", might encounter "Good, we need to reduce headcount anyway". The tech worker primadonnas vastly overestimats their own value to the company. When X had mass layoffs, the general consensus for some techies was that X would die in a months' time, with all the essential people who had lost their jobs. I dont have any inside information in X and they may well have had disasters but they do appear to still exist and still function. (Or so it seems to me, but I dont even have an account) I dont like this. I dont want it to happen. but I have been around for a couple of cycles of seeing the pendulum swing one way then the other.

SR2Z 2y ago
> The tech worker primadonnas vastly overestimats their own value to the company. Lots of people have been saying this forever, but the truth is much more nuanced: tech workers are incredibly valuable IF interest rates are low. Look at the revenue per employee figures of most tech companies. The difficulty is that the value of tech workers tends to be speculative until they've delivered something, and the low rates give them more time to deliver.
- ThinkBeat 2y ago
  What you are arguing is provably false. Just look at the Twitter example. There are many others. Facebook has been thinning resources as well. There is consensus that major tech companies had hired resources they did not need. Then there is the sad fact that some tech workers (as in any field) are shit at their jobs and provide negative value to companies. More are mediocre. (again as in every field) There are also a lot of techworkers who are good at their jobs and some that are excptional at it. So no. The statement: "Tech workers are incredibly valuable" is far too broad and generic.
  - ds1977 2y ago
    You missed off the second part of the argument: "tech workers are incredibly valuable IF interest rates are low." The point being made was that tech companies can be a lot more speculative when money is cheap.

SR2Z 2y ago

> The tech worker primadonnas vastly overestimats their own value to the company. Lots of people have been saying this forever, but the truth is much more nuanced: tech workers are incredibly valuable IF interest rates are low. Look at the revenue per employee figures of most tech companies. The difficulty is that the value of tech workers tends to be speculative until they've delivered something, and the low rates give them more time to deliver.

ThinkBeat 2y ago
What you are arguing is provably false. Just look at the Twitter example. There are many others. Facebook has been thinning resources as well. There is consensus that major tech companies had hired resources they did not need. Then there is the sad fact that some tech workers (as in any field) are shit at their jobs and provide negative value to companies. More are mediocre. (again as in every field) There are also a lot of techworkers who are good at their jobs and some that are excptional at it. So no. The statement: "Tech workers are incredibly valuable" is far too broad and generic.
- ds1977 2y ago
  You missed off the second part of the argument: "tech workers are incredibly valuable IF interest rates are low." The point being made was that tech companies can be a lot more speculative when money is cheap.