Tech Industry job layoffs looking scary

Serious

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I can't wait to demand more money after the next massive AI breach.
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JT-Money

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I remember hearing about this over a year ago from a podcast. But despite all the warnings from cybersecurity professionals Corporate Executives are full speed ahead. They don't want to hear anything negative about AI or outsourced IT labor no matter the consequences.
:yeshrug:
 

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The amount of IT workers who croak before the age of 50 never gets talked about. Upper management doesn't even bat an eye after it happens. Most don't even send out an email acknowledging it.

That's why I work as slow as possible and pretend I don't know shyt. People need to learn to work smarter not harder. Figure out a loophole where you can be more productive instead of putting in more hours.
Thing is my work is interesting and I like building shyt.


I try to put in a good 3-4 hours, problem is the meetings are what cause me to stay on longer than I want.

On an ideal day, I work from 9 to 1 or 10-2pm, meetings included

It’s the random shyt outside of these periods where I get a ping that causes me to be on longer.

I’ve started blocking out my calendar, with dnd sessions, where I’m really chilling.

Heck thinking about architecture is part of the job. I can’t just press buttons to look productive.
 

JT-Money

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A former Microsoft worker has been job-hunting for 9 months. He says it feels like companies are 'looking for Superman.'​


Mody Khan, a former Microsoft employee, has struggled to land a job for the past nine months.

He says he's running low on savings and at risk of losing his home.

A white-collar hiring slowdown has made it difficult for many in the tech industry to find work.

He became a full-time employee in May 2020, working as a support escalation engineer. In December 2021, he was promoted to cloud solution architect — a fully remote role he held until his termination in December 2024.

Khan's final years at the company were very difficult. He said multiple managers raised concerns about his performance over the years and eventually warned him that his job was in jeopardy.
 

Neuromancer

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Villa Straylight.
 

Sonny Bonds

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Paramount announced RTO, 5 days a week starts in January. Employees can get a severance if they decide to leave, but they have to make the decision by the 15th.
 

Bryan Danielson

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#We Are The Flash #DOOMSET #LukeCageSet #NEWLWO
They still trying to blame AI for job losses? Who the hell was thinking about ChatGPT back in 2022?
:mjlol:
Or does that year coincide with Elon laying off 80% of Twitter staff? And using a ton of outsourced labor.



meh……

My company I work for had laid off a BUNCH of folks

Some with some other companies I know locally in my area also, some of the clients we work with.

They are releasing folks like crazy
 

JT-Money

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meh……

My company I work for had laid off a BUNCH of folks

Some with some other companies I know locally in my area also, some of the clients we work with.

They are releasing folks like crazy
Most of them are trying to keep their overinflated stock price from falling. They don't even care if quality suffers by using cheap overseas workers. If they start back hiring again in the US it will be at much lower salaries.
:francis:


American Companies Are Buying Their Own Stocks at a Record Pace​


American companies are repurchasing their shares at a record pace, boosting their balance sheets and fueling the U.S. stock rally.

U.S. companies have announced $983.6 billion worth of stock buybacks so far this year, the best start to a year on record, according to Birinyi Associates data going back to 1982. They are projected to purchase more than $1.1 trillion worth overall in 2025, which would mark an all-time high.
 

Bryan Danielson

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Most of them are trying to keep their overinflated stock price from falling. They don't even care if quality suffers by using cheap overseas workers. If they start back hiring again in the US it will be at much lower salaries.
:francis:


American Companies Are Buying Their Own Stocks at a Record Pace​


American companies are repurchasing their shares at a record pace, boosting their balance sheets and fueling the U.S. stock rally.

U.S. companies have announced $983.6 billion worth of stock buybacks so far this year, the best start to a year on record, according to Birinyi Associates data going back to 1982. They are projected to purchase more than $1.1 trillion worth overall in 2025, which would mark an all-time high.


The overseas thing is real


many of the US jobs lost on my company are either moving to SAmerica or AI is taking the work from teams.

Matter fact, I heard from a higher up, for the time being. They ain’t even hiring Americans. They are hiring only people from fukking Bogata
 

Serious

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Most of them are trying to keep their overinflated stock price from falling. They don't even care if quality suffers by using cheap overseas workers. If they start back hiring again in the US it will be at much lower salaries.
:francis:


American Companies Are Buying Their Own Stocks at a Record Pace​


American companies are repurchasing their shares at a record pace, boosting their balance sheets and fueling the U.S. stock rally.

U.S. companies have announced $983.6 billion worth of stock buybacks so far this year, the best start to a year on record, according to Birinyi Associates data going back to 1982. They are projected to purchase more than $1.1 trillion worth overall in 2025, which would mark an all-time high.
Interesting didn’t know this
 
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