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>BigTech has learned to operate leaner I think almost all of big tech have more employees now than they did 3 years ago. There's just not as much growth or an
by VirusNewbie 1y ago
>BigTech has learned to operate leaner
I think almost all of big tech have more employees now than they did 3 years ago. There's just not as much growth or anticipation of growth, nor as much turnover.
When VC money is flush in the system, people are leaving their FAANG jobs for crazy scale up money. Now that it's happening less, big tech will have less turnover, etc.
- scarface_74 1y agoThese are some statistics, I just saw on Blind. I didn’t independently verify it. https://www.teamblind.com/post/The-golden-age-of-high-TC-tech-jobs-is-over-r286O7ih https://www.teamblind.com/post/The-golden-age-of-high-TC-tec... The trends aren’t good and that’s before MS just announced a 6% reduction in headcount and doesn’t take into account enterprise devs where most people work. There are also more people entering the field.
- theflyinghorse 1y agoUndoubtedly we are also going to see massive offshoring wave for years to come. Big tech is going to downsize and there is just little sense for most non-tech companies in hiring American software engineers when offices can be spun up elsewhere like India.