Tech is dead and it's never coming back
The news of Meta layoffs is the second-last nail in the coffin and Google's incoming layoffs in the following weeks is the last nail (friends there tell me the internal Blind is freaking out and Google has implemented Amazon-style 12% PIP). Tech is officially dead as a lucrative career path. Prepare for a decade of 100k L3, 250k L5. Meta will not even exist as a company by 2030 and Google will be the new IBM. It will take decades for a new company to take the throne and it will probably be some lame ass crypto shit or mass surveillance. See my previous post for more context: https://www.teamblind.com/post/Software-engineering-is-such-a-bad-career-TR5Mqnz1
Blind
🤡 copeium post again………………….………
Isn't Google's 12% not a true PiP but more of a Focus plan?
They will be back in 2028. Just not META, GOOG, MSFT, TWTR
Wow what a big fortune telling..
Who hurt you?
Good question maybe stock numbers
It’s so funny to see these 20-30 year olds in tech go through their first round of layoffs 😂 Bro just like how you’re fat af, so are these companies, you have to lose weight sometimes
As long as my TC is highest in those stupid Blind TC polls, I dont care about the absolutely number
250K as an L5 gets you a VERY comfortable life..I wouldn't call that tech being dead
250k is only 2x the poverty line in the Bay Area. You will NEVER own property with 250k.
First of all, Bay Area is a tiny part of the US as a whole.. No one is forcing you to stay in this shithole. Secondly, the reason property prices have been crazy in Bay Area is because of the inflated tech salaries. As they go down, so will housing prices.
First time in a recession or something?
Facepalm. One thing is salaries not continuing to grow and even erode due to inflation but another is decrease altogether.
Why won't salaries decrease? Is it in the constitution that these pay bands must stay where they are forever? Just like there was upward pressure driving TC up in recent years, there will be massive downward pressure driving TC down in the years to come. 1 year ago if you said Meta would be down 73% everyone on Blind would shit on you. Now look where we are. It's over.
There was a time when type writers were highly paid and it was considered a very high ranking job. Do you see anymore type writers?