Is tech salary bubble about to burst?

Meta
NDmP24

Go to company page Meta

NDmP24
Apr 22 25 Comments

With current stocks performance and no signs of bounce back in sight.

TC 350K before drop, didn’t bother to check off late

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 TOP 25 Comments
  • Salesforce / Eng
    aviat0

    Go to company page Salesforce Eng

     aviat0
    The only way to combat problems in todays world is through tech. If you think this is a bubble, you’re in a different world. And no, the salaries are not a bubble. It’s rewarding the top performers in the tech world.

    When you see the population of the world, you’ll find that an extremely small insignificant number of people work in tech. And even more small subset of people work with high salaries. So yeah, not a bubble.

    Housing prices is a bubble though. Foreclosures coming to theaters near you
    Apr 22 6
    • Alteryx
      mJYv81

      Go to company page Alteryx

      mJYv81
      I’m on it!
      Apr 22
    • Netflix
      HitoNika

      Go to company page Netflix

      HitoNika
      No, actually, this is not true and has rarely been true. Every problem within each generational period has within it the technology to resolve those problems. A technology gap has never existed for very long. The issue is the social and political alignment to bring those technologies to bare on those problems.

      For example, we know how to address climate change but no one wants to do it because it’s a painful transition process and individual people are invested in the status quo.

      I think you’re in a different world, Salesforce.
      Apr 22
  • What does stock performance have to do with salaries? These big techs are not short of cash, so it’s not like they depend on a public offering to sustain their business.
    Apr 22 2
  • Google
    chilli man

    Go to company page Google

    chilli man
    Depends on company. The big G is strong.
    Apr 22 1
  • Alteryx
    mJYv81

    Go to company page Alteryx

    mJYv81
    You people on this app really need to do some research about stock performance and it’s reflection on a company.

    Secondly, it’s not just tech stocks that are doing poorly. The entire market is shit. This is driven by numerous factors, including the record high inflation we’re seeing now and the insanity that it the housing market.

    Take a breath and then do yourselves a favor and check out a Market Concepts class.
    Apr 22 2
    • Meta
      NDmP24

      Go to company page Meta

      NDmP24
      OP
      Mostly tech stocks are getting hammered, traditional companies are holding well in this market. Look at all CPG companies for example so yeah stock market is particularly bad for tech right now.
      Apr 22
    • Salesforce / Eng
      aviat0

      Go to company page Salesforce Eng

       aviat0
      Meta, you sound like you’ve spent 25years of research on how stock markets work and how geographic issues affect global markets. Good for you. Don’t ever change
      Apr 22
  • Almost any high earning salary in the past (aside from SLT) has caused a search for cheaper solutions (robots, automation, outsourcing, etc). Tech salaries will be no different. As salaries grow, investment in creative solutions to offset costs will happen.
    Apr 22 1