4 ms·
Tech sector is very frothy at the moment with bloated staffing. It’s going to get worse before it gets better. Big tech has been doing slow layoffs and would b
by JCM9 1y ago
Tech sector is very frothy at the moment with bloated staffing. It’s going to get worse before it gets better.
Big tech has been doing slow layoffs and would be surprised to see much bigger rounds soon as shops shut down unprofitable projects and expect those left to do more with less. The use of RTO and other means to force folks out has squeezed out what’s gonna get squeezed out so now expect a shift to just flat layoffs.
Some of the big tech companies have so many people that frankly aren’t needed. A ton of folks hired into vaguely defined “AI” roles doing “solutions” and product management nonsense that is ripe to be blown up the second the current hype slows just a bit.
Heading into a period where that needs to get cleaned up. It’s not going to be via “AI” (although that’s the PR spin) but just old fashion slash and burn.