Tech Industry job layoffs looking scary

JT-Money

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Monthly Software Engineer hires of top 20 US AI companies

Monthly-Software-Engineer-hires-of-top-20-US-AI-companies.png



Monthly software engineer hires by the U.S’ top 20 AI companies once exceeded 3,000. Now, that rate has dropped to zero as organisations increasingly automate software development processes.

The result? Companies no longer face the capacity gaps they once relied on international talent to fill. With fewer job opportunities in the U.S, talent from overseas are less incentivised to stay, further amplifying the drain of talent.

This builds a concerning narrative for global talent seeking entry into the US market. If opportunities dwindle, international professionals will increasingly direct their expertise to markets that actively encourage talent inflows.
 

Yinny

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May 9 (Reuters) - Google agreed to pay $50 million to settle a lawsuit accusing the search engine company of systemic racial bias against Black employees.
A preliminary settlement covering more than 4,000 Google employees in California and New York was filed on Thursday evening in the Oakland, California federal court, and requires a judge's approval.

Plaintiffs in the proposed class action said Google has a "racially biased corporate culture" where management steers Black employees to lower-level jobs, pays them less, downgrades their performance ratings and denies them opportunities to advance.

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yung Herbie Hancock

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Applied to a job April 14th. Got the interview availability email April 30th. The earliest available interview is May 13th

Sometimes I wonder if other fields have to go through the shenanigans IT has to offer.
I'm so glad I didnt go down the 6 figures 6 cert IT route when everyone on here was hyping it up 5 years ago.
 

CopiousX

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Nothing to be angry about. Sales has always been an industry with a lot of upside that requires no experience and has no barrier to entry other than persistence.

The whole industry is basically one big charm offensive. Personally, I don't buy the argument that she's doing well in sales because of her looks because that whole industry is biased towards men who can leverage our male-only social connections to get clients. Women are inherently a disadvantaged because the good old boys clubs lock them out. (Cigar lounges, country clubs, gaming clubs, golf courses, rotary clubs, mason groups, other male groups, etc)



More tech Bros would do it, but we are risk averse by nature so the idea of commissions doesn't sit well with most of us. I've actually heard the same complaints from the medical community. I have a lot of docs in my family in and a common complaint I hear from them is they had to sacrifice whole decades of their life for training and must still work 60 hours a week to make 400k, while the pharmaceutical sales and medical equipment sales people can make the exact same amount working 40 hour weeks just visiting offices and talking with glib tounge
 

JT-Money

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Lawmakers Urge Expansion Of H-1B Visa Renewals In U.S.​


WASHINGTON, D.C. – Congressman Raja Krishnamoorthi (D-IL), along with Congressmen Suhas Subramanyam (D-VA) and Rich McCormick (R-GA), is urging the U.S. State Department to permanently expand the domestic renewal process for H-1B and other low-risk visa categories.
 

JT-Money

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So they’re outsourcing all the tech jobs?
This has been going on for decades. It's just that more people are finally paying attention. And it's harder for Corporations to hide what their doing.

American Companies Are Offshoring High-Paying, Remote-Friendly Jobs​


US-based employers expanded employment abroad faster than domestically for the past 7 years. This is particularly pronounced among Tech and Consulting firms.

Highly remote-suitable roles have grown 42% faster outside the US than within the US since 2019, while there is no difference in growth rates for roles that are not remote-suitable.

Cost saving considerations play another large role for offshoring. For every 10% reduction in foreign worker salaries compared to average US salaries for the same role, employment outside the US grew 13.1 percentage points faster than within the US.
 
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