As technology shifts more layoffs loom at tech companies

[mamba]

So far this year, technology companies in the United States have shed about 63,000 jobs, according to outplacement consultancy Challenger, Gray & Christmas, Inc.

"The hi-tech industry is going through a serious deconstruction," said Trip Chowdhry, an analyst at Global Equities Research. "There is more pain to come."

Chowdhry said he expects job cuts to rise drastically as more companies subscribe to "super cloud" services from the likes of Amazon.com Inc and Microsoft Corp . These services manage hardware, software, networks and databases and eliminate the need for workers to manage various technology layers, Chowdhry said.

In January, Chowdhry estimated that layoffs in the tech industry would hit 330,000 this year. On Wednesday, he said he had raised his estimate to 370,000. Some other analysts said that forecast was too bleak.

As technology shifts more layoffs loom at tech companies

shyt isn't all peaches and cream.

 

[mamba]

As the article mentioned, software is supplanting hardware in terms of talent needs.

A lot of that older talent in the Valley is about to be fukked over.

 

[newworldafro]

So these "super clouds" are giving tech workers the layoff fade?

 

[Freedman]

Cisco expected to announce its biggest layoff in history this week

Speak on it IT brehs

 

[platinum f1a$k]

As technology shifts more layoffs loom at tech companies

shyt isn't all peaches and cream.

will read later; thanks for the info

 

[desjardins]

Cisco is laying off 14k workers many of them network and hardware engineers.
6 certs 6 months of unemployment



Holla at me when the software jobs start getting laid off like the dot com bubble. Meanwhile I'll be over here automating other nikkas jobs away for 6 figures while only having 1 cert (OCPJP tho I got mine when it was still sun in 2005)

 

[Gold]

Cisco is laying off 14k workers many of them network and hardware engineers.
6 certs 6 months of unemployment



Holla at me when the software jobs start getting laid off like the dot com bubble. Meanwhile I'll be over here automating other nikkas jobs away for 6 figures while only having 1 cert (OCPJP tho I got mine when it was still sun in 2005)

Believe Cisco even employes 14k network engineers brehs
Probably majority sales and call center support people. You know.. like every other company..

A network Engineer is not a software job.


I dont think you guys really understand this field.


An Engineer who gets laid off could have a new job before he even gets home.

 

[mamba]

I think the main point is a lot of the big, traditional hardware companies in the US tech world are shifting resources toward software, could and other services.

It's more profitable for them. Higher margins, not as many bodies needed, etc.

Microsoft, Intel, Cisco, IBM, Dell, HP, etc. They've all started to make the shift. A lot of people will be cut as a result. Not enough hardware companies to absorb all those high-salaried workers.

Hardware stuff is being sent to low-cost centers such as Singapore, Malaysia, China, Vietnam, etc.

 

[desjardins]

Believe Cisco even employes 14k network engineers brehs
Probably majority sales and call center support people. You know.. like every other computer.

A network Engineer is not a software job.


I dont think you guys really understand this field.


An Engineer who gets laid off could have a new job before he even gets home.

Think a dude who got a OCPJP over a decade ago when you were still in middle school don't know about the industry brehs.
Obviously all of the layoffs aren't engineers but some of them will be. Same as they were at Intel , HP, soon at Heroku and a lot of other hardware/networking companies. As far as them getting jobs quick.....for my sake I hope the market is that strong. A lot of the engineers who got laid off by Disney were assed out cause they were old and in Florida so who knows. Case by case basis

 

[mamba]

Think a dude who got a OCPJP over a decade ago when you were still in middle school don't know about the industry brehs.
Obviously all of the layoffs aren't engineers but some of them will be. Same as they were at Intel , HP, soon at Heroku and a lot of other hardware/networking companies. As far as them getting jobs quick.....for my sake I hope the market is that strong. A lot of the engineers who got laid off by Disney were assed out cause they were old and in Florida so who knows. Case by case basis

Yeah. A lot of older engineers are at mid-career salary already with benefits.

Most employers aren't trying to pay that for an old ass dude when they can pay a new college grad a fraction of that and get twice the effort!

 

[newworldafro]

Cisco is laying off 14k workers many of them network and hardware engineers.
6 certs 6 months of unemployment



Holla at me when the software jobs start getting laid off like the dot com bubble. Meanwhile I'll be over here automating other nikkas jobs away for 6 figures while only having 1 cert (OCPJP tho I got mine when it was still sun in 2005)

Oh shiit....1 cert gang is outchere now....

 

[Gold]

I think the main point is a lot of the big, traditional hardware companies in the US tech world are shifting resources toward software, could and other services.

It's more profitable for them. Higher margins, not as many bodies needed, etc.

Microsoft, Intel, Cisco, IBM, Dell, HP, etc. They've all started to make the shift. A lot of people will be cut as a result. Not enough hardware companies to absorb all those high-salaried workers.

Hardware stuff is being sent to low-cost centers such as Singapore, Malaysia, China, Vietnam, etc.

Lets talk about the cloud for a sec, because I think this is extremely overstated.

Okay, if I decide to purchase an Azure AD server from Microsoft and host my Exchange platform on the could, I no longer need an Exchange admin.
But I still need my engineer

If I decide to use Cisco's hosted Meraki Dashboard to monitor my Switches and topology in the environment, I no longer need my Network Admin
But I still need my engineer

If I decide to use a Cloud hosted version of HP's 3PAR SAN, I no longer need my Storage admin (or whoever monitors that for your company).
But I still need my engineer

Hell even if you host all your servers via cloud services, you still need an engineer to ensure that your network can comminicate with those servers, that you've open up the routes on your MPLS circuit, that you've set the firewall rules for the corresponding ports, that you have traffic properly segmented in the correct VLAN, etc etc.


Cloud computing replaces admin jobs, and some engineering tasks

Yes I agree that it replaces the physical work of actually setting up your own rack, but you still need an onsite engineer.
Besides, those racks have to exist somewhere, some engineer somewhere has to be building these environments

I know many network/system engineers who have been laid off.
I dont know any who have had a hard time finding work.

 

[bubba scotch]

good thing i just got this government job. all the STEM haters gonna eat good in this thread

 

[Gold]

Think a dude who got a OCPJP over a decade ago when you were still in middle school don't know about the industry brehs.
Obviously all of the layoffs aren't engineers but some of them will be. Same as they were at Intel , HP, soon at Heroku and a lot of other hardware/networking companies. As far as them getting jobs quick.....for my sake I hope the market is that strong. A lot of the engineers who got laid off by Disney were assed out cause they were old and in Florida so who knows. Case by case basis

Well I feel sorry for them. But they may have more to do with them being old and less to do with the market.

As you know its a rapidly changing field. Alot of certs I obtained have a grandfather policy that I don't need to retest for them. But If I got these same certs now, I would need to replace them every 3 years.

 

[Mirin4rmfar]

I work in the Network Engineering industry, it's due to cloud technology. With cloud tech, you have a more elastic network which means less growth, which means more layoffs.

But I am good though, the company I work for is paying for my cyber security college classes which is a growing field. I hope to take the cissp by the end of the year then I will get them to pay for my mba . You can fire me but I know I am bleeding you dry of all the free training available.