How long can we absorb people being laidoff before TC gets crushed.

Compass XIUM55
Oct 14 14 Comments

At some point supply is going to exceed demand if layoffa start to increase across tech.

comments

Want to comment? LOG IN or SIGN UP
TOP 14 Comments
  • Roku cruella
    Yes. Only if u look at it like a fixed size pie.

    As long as the size of pie keeps increasing. Even with more slices each slice will still be bigger.
    Oct 14 5
    • Barclays PLC / Eng swoog
      I like pie
      Oct 14
    • T-Mobile whatcanIsay
      somebody who gets it
      Oct 14
    • Move
      jjajjjjja

      Move

      BIO
      H
      jjajjjjjamore
      The problem is the pie doesn't always get bigger depending on the market. If this continues it could be a symptom of a much bigger problem - I.e. a stagnant or shrinking pie
      Oct 14
    • Roku cruella
      That would happen in case of a recession.
      And in that situation there are people who are in much more need of help than us !
      Oct 14
    • As the pie gets bigger, it is bound to get rotten in some portion, so it must remove those rotten slices and keep moving. At the end, those who know what they are doing shouldn't have any difficulty finding a job
      Oct 20
  • WeWork RPvk36
    I’m more worried about the over supplies of new grads becoming more senior and my skills stagnating on boring business process code.
    Oct 14 1
    • New grads these days lack quality, based on my observation.
      Oct 20
  • OpenTable Meliodas
    Tens of thousands of layoffs.
    Oct 14 4
    • Compass XIUM55
      OP
      Is that possible. In tech?
      Oct 14
    • OpenTable Meliodas
      It’s possible, but unlikely.

      Look at how many H1B’s are issued each year without suppressing wages.
      Oct 14
    • Compass XIUM55
      OP
      I have no idea. How many?
      Oct 14
    • AppDynamics / Eng software g
      85K per year. However, lots of these H1-Bs are used by Indian consulting firms which do lower end tech work. Some of these H1-Bs do work in FAANGs, but they are minority. Due to this, wages for higher end jobs (FAANGs etc) do not get suppressed. What happens due to these H1-Bs is that folks doing lower end tech jobs get laid off. Wages for these lower end jobs have been suppressed for years.
      Oct 18
  • Infosys BRY47
    As long as jobs can be shipped overseas, people can be laid off.
    Oct 14 0

Salary
Comparison

    Real time salary information from verified employees