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I worked at a fully remote company that did the best job hiring juniors in my 20 year career. The talent and enthusiasm in that pool was great and really inject

• vineyardmike 4mo ago
  ZIRP alone isn’t even the full financial story - there was a time bomb tax change from a 2017 bill that impacted R&D (most software work) and that took effect in 2023. But it’s fairly visible that big companies (eg Meta) that are spending a lot on AI are actually changing spending on headcount and hiring to maintain margins. It’s not the efficiency of the workers, it’s the maintenance of margins with big new spending.
  • jvanderbot 4mo ago
    My first and only layoff was effective 1h before that law went into effect. 1,000s of us were shunted off b/c an entire research arm was canned due to the changing cost of research s/w teams. I'm poorer but happier now b/c of it. That job was nuts.
    • mexicocitinluez 4mo ago
      I took a decent sized pay cut about 6 years ago to join a small company and build out our own product knowing that I may not get a raise for awhile but got to work on something cool with people I liked and I haven't regreted it for a moment. Looking forward to waking up to do work is a wild feeling.
      • madrox 4mo ago
        I'm with you. I don't think we talk enough about careerism and how toxic it can be.
      • sweetheart 4mo ago
        I’m kind of doing this right now for the first time as a founding engineer in a very small but tight knit team. On paper, I’m objectively in a less secure position, but holy shit is it nice to enjoy work consistently.
        • mexicocitinluez 4mo ago
          I haven't dreaded going to work in years. I also realized burnout is less about how much time you're putting in and much more about how that time is spent. And when I had micromanaging bosses every hour felt like 4.
      • sailfast 4mo ago
        100%. It doesn’t pay the same kind of bills but it makes life 1000% better.
        • mexicocitinluez 4mo ago
          Agreed. I'm comfortable and occasionally get envious of the salaries others are posting but it's fleeting.
    • waynesonfire 4mo ago
      > My first and only layoff Won't be your last.
      • deleted 4mo ago
        [deleted]
  • stult 4mo ago
    The R&D tax credit change actually took effect in 2022, and one of the few good things Trump's BBB did was reverse it
    • green7ea 4mo ago
      It only reversed it for within the US, I learned that when the company I worked for (owner was a US company) closed.
      • trollbridge 4mo ago
        Right, you can only deduct R&D expenses that happen inside the U.S. If you want to do R&D overseas, best to set up an overseas company.
    • tczMUFlmoNk 4mo ago
      This is true as stated. However, it is important context that the time bomb was originally introduced in Trump's signature Tax Cuts and Jobs Act in his first term. So, yes, Trump's OBBBA fixed it, but Trump's TCJA caused it in the first place, too.
      • irishcoffee 4mo ago
        This is a fair criticism and I am not defending the practice. My understanding is that time-bombs like this are very regularly introduced into all sorts of bills, party-agnostic. It's how they can say things like "We saved $X over Y years!" where a lot of the time-bombs go off half-way through the 'Y-years" bit unless renewed. Please correct if I'm wrong about this. I only know what I read, which is hard to trust anymore.
        • vineyardmike 4mo ago
          They’ve been regularly introduced in a party-agnostic way, exclusively by republicans. But yea, “party agnostic”.
  • mvdtnz 4mo ago
    The layoffs are happening all over, not just in USA. Atlassian has cut jobs. Spotify. Wisetech. Xero. It's happening all over. This is not a USA tax policy problem.
    • deleted 4mo ago
      [deleted]
    • tcp_handshaker 4mo ago
      What could possibly trigger people to down vote this absolutely neutral, and 100% factual, normal post? Cant the moderators not explain, than down voting is not for things you don't agree with?
      • Cyph0n 4mo ago
        Uh, downvoting is definitely a useful tool to signal that you don’t agree with an opinion or subjective statement. But yes, downvoting a factual statement makes no sense.
        • meta_gunslinger 4mo ago
          That's just silly. The fact that you disagree with an opinion does not mean that other people should not get the chance to be exposed to it. That's how echo-chambers form.
          • foobarchu 4mo ago
            At the same time, the amount of disagreement an opinion gathers is an extremely important channel of information for determining whether you agree with someone's position. Silencing the disagreement with it gives an outsized benefit to harmful and malicious statements.
            • meta_gunslinger 4mo ago
              That's fine when a disagreement (or downvote) is just a signal on the post, but when it's used as a way to silence an opinion (e.g downvotes will hide it) that's even more harmful and malicious. Especially when the guideline is to downvote posts that are low-quality or don't conform to the rules, not posts you just merely disagree with or are against your belief system. Popularity should not be confused with truth.
  • PaulHoule 4mo ago
    That tax change got reversed!
    • e40 4mo ago
      Proof? I don’t believe it did. Edit: BBB? Is it in effect yet, though?
      • PaulHoule 4mo ago
        See https://www.striketax.com/journal/section-174-amortization-repeal-in-2025-boosting-r-d-tax-credits https://www.striketax.com/journal/section-174-amortization-r...
      • mikeocool 4mo ago
        Not an accountant, but I believe that it is. https://www.thomsonreuters.com/en-us/posts/corporates/section-174-future/ https://www.thomsonreuters.com/en-us/posts/corporates/sectio... > The One Big Beautiful Bill Act introduces Section 174A, which restores immediate deduction of domestic research and experimental expenditures starting in tax years beginning after December 31, 2024, reversing the controversial five-year amortization requirement that took effect in 2022.
      • paulddraper 4mo ago
        Yes.
      • trollbridge 4mo ago
        Yes, and it went into effect retroactively for all of 2025.
• twodave 4mo ago
  I have said the same for a while. And I also think there is an increasing trend of clueless CEOs trying to replace expensive developers with AI token spend. We are still waiting on the long tail of consequences from those decisions, but I suspect it is going to look like a lot of perfectly financially viable companies turning into dumpster fires. Followed by opportunities as their clients churn.
• busterarm 4mo ago
  We ended our intern program and so did a ton of other companies. IMO one of the worst decisions we've ever made because 80% of the time the interns we take on and then hire are absolute superstars. And even before we ended it we had a couple of years where we stopped competing for talent from Waterloo. I guess Trump made that harder but yeah bad decisions all around.
• dpark 4mo ago
  > the managers who can't hire a ton angle for more senior people instead This is a huge factor. I’ve seen teams admit that they are too “senior heavy” and then still hire senior engineers over junior when the rare position opens up. I’ve also seen teams cut college hiring and internships because head count is tight and they don’t expect positions to open up.
  • duttish 4mo ago
    I'm in BigTech and these days we have to fight to even get backfill hiring. If we can get one head count per year we're aiming for someone that can handle a wider range of tasks. Which is a damn shame because most juniors I've worked with are amazing and the most recent junior hire 1.5-2 years ago is so much better than I was their age it's almost embarrassing. And my team is in an area termed "strategically important" before anything other than AI became an annoyance.
    • wnc3141 4mo ago
      A family member at a large tech has stated that their has been an effective hiring freeze for the last three-ish years in their department. To the point that they're letting major business lines rot on the vine.
• Aurornis 4mo ago
  > The layoffs from that were real, and the managers who can't hire a ton angle for more senior people instead. A lot of my past employers built their process around requesting additional headcount first, then determining the budget for the role second. It was in every manager’s best interest to maximize the budget for the role so they could hire the best candidate they could find. In practice this meant arguing that you needed someone senior or staff at minimum. Then the job posting got written. There was always a theory that we’d take great juniors but they would get filtered out before getting far enough. When they were told they had to lay off 2 people, they would cut the least experienced and hold on to the most experienced. At other companies managers were given budgets and left to manage their headcount to fit. This created an inverse situation where they would try to get 3-4 juniors instead of 2-3 seniors or 2 staff level people. When layoffs came you would see teams choose to drop the one highly paid person instead of cutting 2 juniors. So while your company lost their juniors, I know a lot of people angry that their companies let go of experienced people to keep the cheaper juniors around. Little policy changes can have an outsize effect
• KaiserPro 4mo ago
  Ok, but if it was ZIRP, why are people hiring expensive seniors when they could hire 3/5 no name juniors for the same cost?
  • CyanLite2 4mo ago
    Because most people aren't good at training the juniors.
• ghaff 4mo ago
  At the end of the day, there are a bunch of different things going on. Higher interest rates, general overhiring during COVID for whatever reasons, and (yes) AI. And probably more macro trends. Maybe at some point we'll see some data-driven analyses but, from what I've seen, it's really hard to tease all the threads apart. Remote work would seem to have a potential impact on mentoring and future development but that seems like a longer term trend. But, maybe, as the article suggests, some companies that are heavily remote are thinking that entry employees are going to be harder to develop--but that's a problem for the future so better not hire them today.