Don't Be A Software Engineer In 2023 | Is Software Engineering Over Saturated?

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  • Опубліковано 22 лис 2024

КОМЕНТАРІ • 154

  • @MattFenlon
    @MattFenlon Рік тому +41

    In my experience, the competition for hiring seniors is very high lately. I've had multiple recruiters approach me in recent weeks, more than during the pandemic spike, and others who have been in the industry for a long time are reporting the same. My take on it is that companies are changing their approach from hiring everyone they can, to hiring or retaining fewer experienced senior or staff level software engineers (as in 10+ years experience, not 3-5), because the loss of confidence in the market has the shareholders/investors/board members cutting back on in-role training, and cutting spending on building up juniors into experienced devs. They want lean teams, and hires who bring a wealth of industry experience, and can hit the ground running - provide certainty in uncertain times. The same thing happened in 2008.
    It's also worth noting that headcount is a factor in valuation of a company when it is going to be acquired. If there are fewer acquisitions going on because the market is shaky, inflating department sizes to inflate company value makes less sense.

  • @beaubreau
    @beaubreau 7 місяців тому +3

    In 2023 Google laid off around 2,600 software engineers. They have 182,502 full time employees in 2024. everyone else that was laid off was non engineer roles. A lot of the layoffs had way more to do with interest rates being high than anything else. Companies like Google and Facebook are still investing in their future and this means they need cash. Borrowing right now is not an option so the easiest fastest way to create liquidity is by laying people off. Consumers may be traveling but they are still spending online, booking their hotels online, booking their flights online, posting their pictures of their trip online, paying for their meals in person from a wallet app while the POS system was created and maintained by a dev from somewhere like square. Everything is programming. Everything. Right now the positions could start to devalue due to people getting desperate. I ended up shifting into digital marketing in the meantime but would much rather start my own business than take less money for the same job. I would actually even take less money for a different job not related to SE.

  • @velaspis5012
    @velaspis5012 Рік тому +51

    as a self-taught software engineer from Germany, lemme tell ya, America is going crazy with their hiring game right now. Don't get me wrong, the job market is pretty stable here in Germany, but the pay isn't as good as in the US. Anyway, my prediction is that things will eventually calm down in America in the next 3 years or so and we'll be back to regular programming

  • @MinisterRedPill
    @MinisterRedPill Рік тому +85

    I think it's oversaturated with bootcampers and inexperienced devs so the market has become increasingly competitive to break into

    • @TechwithLuca
      @TechwithLuca  Рік тому +18

      For sure bootcamp def made it really easy to get into the software field. Having a lower entry bar and lucrative field def attracts a lot of people

    • @MrNoahsamen
      @MrNoahsamen Рік тому +19

      Went to a tech college and earn computer programming specialist tech certification. Having a GitHub account and learned many skills in the tech college and applying over 100 tech companies last two weeks and none have considered me a candidate I even have 3.6 GPA study my butt off and no parties and only travel one time and got nothing out of my hard work and developed 2 projects and what a waste of my life

    • @MinisterRedPill
      @MinisterRedPill Рік тому +23

      @@MrNoahsamen gotta do more than just hit the apply button my friend. You gotta make the effort to reach out to people directly to stand out

    • @MrNoahsamen
      @MrNoahsamen Рік тому

      @C S I know java language and developed small programs but some area are still hard to navigate but it comes down to trial and errors. Also studying multiple languages while studying for my oracle SE8 Java Exam

    • @paulsinih7404
      @paulsinih7404 Рік тому

      You saying this just shows your lack of intelligence, eventually the field will be saturated with experienced developers and degree holders, how can you not see that? You're kinda slow

  • @jacquesberger
    @jacquesberger Рік тому +10

    It was the same when I integrated the industry in 2003 (right after the 2000 craziness), and it took a solid 5 to 10 years to heal.

  • @robertal-malak9542
    @robertal-malak9542 Рік тому +13

    There is also another problem you didnt mention which is the saturation of offshore employees, India / Romania / Poland / Mexico are all gearing up and their talents are getting more on par if not better then onshore supply coming from our universities, their price is also 1/10th of that of an onshore senior employee.

    • @s1nistr433
      @s1nistr433 Рік тому

      That, and the fed is printing money "quantitative easing" cause it blew a lot of it on Ukraine and collapsed multiple major industries during the lockdowns.

  • @BhootFMNetwork
    @BhootFMNetwork Рік тому +11

    As I'm not genius , not capable of thinking too deep to solve problems enough, I will rather take electrical engineering 😢 There are too many software engineers in my country compared to number of jobs. If I study CS, I have to do freelancing to make good money but it's very risky decision and there is too much competition for new people. An inter in my country makes 150-200$/ month , which is less than a local beggar earns per month . Experienced programmers make around 500-800$/ month, still not good enough

    • @bobsam5982
      @bobsam5982 Рік тому

      It's your economy that can't offord to pay people with low skills

  • @victorpalma7319
    @victorpalma7319 Рік тому +3

    Hang in there folks! Continue to extend your skill set , portfolio and network! Love this video and throw in AI in the mix? I think we need to speak loud and be heard. I’ve been writing Software since 2004 and this is nuts. Let’s create a community and let’s build projects! 💪🏽

  • @iruwild
    @iruwild Рік тому +8

    Once the machine learning people finish the AI..guess who will be out of jobs.? Its like building your own replacement.

  • @DingoYabuki
    @DingoYabuki Рік тому +25

    I have a bachelor's in computer science and 3.5 years of SWE work experience. Got laid off earlier this year. I wrote a bot to apply to SWE jobs for me and applied to 2000+ over the past 3 months, had interviews but nothing. It's disheartening to bother past coworkers to be references for me, and go through 4 interviews with a company over a month just to be informed there's a skill gap.

    • @Annntttt12
      @Annntttt12 Рік тому +1

      can i pay you to use your bot?

    • @Seekingtruth-mx3ur
      @Seekingtruth-mx3ur Рік тому +6

      Damn looks like I'll think twice if I want to learn coding

    • @CacheMeOutside97
      @CacheMeOutside97 Рік тому +4

      ​@patrickmeehan4092 That's not a good idea, his automated applications aren't making it past the first wave because they are getting flagged by the companies automated system lol.

    • @Annntttt12
      @Annntttt12 Рік тому +3

      @@CacheMeOutside97 well I guess I’m back to shaking hands and kissing babies

    • @jamesshaw3622
      @jamesshaw3622 10 місяців тому

      You can use me as a reference anytime

  • @world-9644
    @world-9644 Рік тому +2

    The chicken has more experience, strength, and value than the egg. But it cannot make the egg obsolete. For what chicken was not born from an egg? And how many chickens will be left if the egg is no more?

  • @renno2679
    @renno2679 Рік тому +5

    wow just when i found something that i actually enjoyed...

    • @tonyantonio2
      @tonyantonio2 Рік тому

      If you truthfully enjoy it don't give up

  • @TwitchRadio
    @TwitchRadio Рік тому +8

    The tech industry as a whole runs in cycles and they have layoffs and Cycles as well, good time to learn a new skill or new framework or language whatever.... things will pick up in about a year personally I'm learning rust a bit better as well as Advanced MySQL

  • @WithSandra
    @WithSandra Рік тому +7

    Great video Luca! Thanks for sharing your insight

  • @michaeln.2383
    @michaeln.2383 Рік тому +2

    Tech has been so oversaturated since 2000 that the colleges and the news media are what keep the frenzy going.

  • @vthwin
    @vthwin Рік тому +6

    I’m graduating this Spring and its not looking too good 😢

    • @TechwithLuca
      @TechwithLuca  Рік тому +1

      Thank you for watching Vi. I’m sorry to hear that. Try your best to find any tech roles and gain as much hands on experiences as possible since if your goal is to become a software engineer the good thing is the software engineer skills a lot of time do carry over. Good luck!

  • @nottommy8008
    @nottommy8008 Рік тому +1

    Very informative video. As someone considering studying Computer Science and related fields, this was definitely helpful.

  • @OiVinn-eq1ml
    @OiVinn-eq1ml Рік тому +16

    People forget it's one thing to learn coding but being a good software engineering is another. A lot of people get into software engineering thinking it's a cushy easy job but there's always someone out there better.

  • @philliam111
    @philliam111 Рік тому +2

    really suck ill keep learning and building only because of my love for the field.. i dont care about these companies anymore

  • @Tactical_Response_Team
    @Tactical_Response_Team Рік тому +1

    Only fields i see never suffering from thie are Healthcare, Law Enforcement erc tend to never lack jobs.
    Tech is an amazing field but its hard as hell to land anything

    • @josh2482
      @josh2482 6 місяців тому +1

      It is very difficult to get into healthcare programs. The competition is getting getting into a program as opposed to getting a job once you graduate.

  • @arbitermeong3536
    @arbitermeong3536 Рік тому +2

    Too Insightful, thanks man 👊

    • @TechwithLuca
      @TechwithLuca  Рік тому +1

      Thank you for watching and the support Arbiter 👊🏼

  • @TripleA679
    @TripleA679 Рік тому +12

    I'm one of those trying to get an entry level developer job, It's really hard at this time, so now I'm working on gaining other skills such as Networking, and Cybersecurity just to give me a better chance of landing a job in Tech.

    • @Cubkkbtctsrjncdxzyjn
      @Cubkkbtctsrjncdxzyjn 4 місяці тому +1

      Infosec is saturated to

    • @TripleA679
      @TripleA679 4 місяці тому

      @Cubkkbtctsrjncdxzyjn get certs like ccna, rhcsa, and oscp, you will definitely stand out than most people.

  • @leosakagamii1
    @leosakagamii1 Рік тому +3

    good insight!!

    • @TechwithLuca
      @TechwithLuca  Рік тому

      Thank you for watching Leo! Good to see you back :)

  • @k.h.p.9862
    @k.h.p.9862 Рік тому

    Thank you for this video. Very insightful!

  • @shaikh.quadeer
    @shaikh.quadeer Рік тому +1

    in tech industry you should get in as early as possible ,i guess even if you plan to get into IT field after three years you still have to start from html css Javascript 😂

  • @mariamdiallo7339
    @mariamdiallo7339 10 місяців тому

    Very informative. Thanks ❤❤❤

  • @Sergio-zc2fg
    @Sergio-zc2fg Рік тому +1

    that's why im considering data analytics and data science.

    • @josh2482
      @josh2482 7 місяців тому

      Data science is even more oversaturated.

  • @Maaruks
    @Maaruks Рік тому +2

    I used to work for 50$ per month ( in Latvia ).

  • @theheroofthevirgins1487
    @theheroofthevirgins1487 Рік тому +2

    Why not to be a software engineer if you don't enjoy it or just do it for the money should be red flag. Why do a job you don't enjoy in the end you will just be depressing i think that reason why not to be a software engineer.

    • @friedec3622
      @friedec3622 Рік тому +12

      Life isn't about being happy, it's about survival.
      If you're happy with your job, then good for you.
      If it not, then think again, is it worth the risk of not being able to provide food on the table?

    • @joylynch5204
      @joylynch5204 Рік тому

      @@friedec3622this I agree with

  • @FigFirearms
    @FigFirearms Рік тому +4

    Why does everyone act like software engineer is the only position in tech

    • @daniellarson383
      @daniellarson383 Рік тому +1

      We don't, tech is just the general word that has a higher search term, and the discussion happens to turn to be specifically around engineers.
      Tbf, software engineers are seen as the rockstars of the tech industry at the moment, so it's no wonder.
      There's not hundreds of thousands of people clamouring to become network admins or infrastructure techs 😂

    • @FigFirearms
      @FigFirearms Рік тому +1

      @@daniellarson383 I understand, but some people say that IT, computer science and related fields aren't worth it because software engineers are getting laid off, or saying that tech is dead, as if you can't do other things with that education, and in those fields

    • @daniellarson383
      @daniellarson383 Рік тому

      @@FigFirearms yeah, those people are idiots haha.
      Software engineers aren't in a decline, just a short, that goes for the whole tech industry.
      Bloody buzz words man, I absolutely hate it

  • @mjohnson510
    @mjohnson510 Рік тому +2

    Swift Development isn’t. That’s where my next move is

    • @TechwithLuca
      @TechwithLuca  Рік тому

      Thank you for watching. That’s a good choice. I also noticed a lot of teams needs android devs

  • @alphatio
    @alphatio Рік тому +2

    IT, Cyber Security or SWE... you think it's a best Master as of 2023 in term of the job prospect? let's say it's free to choose.

    • @TechwithLuca
      @TechwithLuca  Рік тому +6

      Master imo is overrated and doesn’t offer too much but if you thinking about something I would say cyber or swe

    • @BanksRolls
      @BanksRolls Рік тому

      Personally I’m training forwards
      Cybersecurity but that’s because it makes the most sense to me.

    • @Cubkkbtctsrjncdxzyjn
      @Cubkkbtctsrjncdxzyjn 4 місяці тому

      Infosec is saturated to

  • @domf21
    @domf21 Рік тому +1

    I think the same as im graduating in a year I think I want to focus more on learning and sharpening skills for the future as I dont think I will get a job any time soon

    • @TechwithLuca
      @TechwithLuca  Рік тому +3

      Keep applying as well :) Tech skills are highly transferable learning is always good. Best of luck!

    • @TheJacrespo
      @TheJacrespo Рік тому

      Choosing software development as a primary profession alone is currently a very bad choice, but as an auxiliary field to other professions (such as economist, financial trader, lawyer, sociologist, etc.), it is ok

    • @domf21
      @domf21 Рік тому +1

      @TheJacrespo is software engineering, I can always do a master, also is the only thing I can afford and not be 5 years in a school. And if I go back to my country en engineering degree is worth more than a economy there.

  • @oregonxyz
    @oregonxyz Рік тому +6

    if a programmer has skills and can't get hired, then the career is over... learn a real trade like installing carpets in apartments

    • @TheJacrespo
      @TheJacrespo Рік тому

      Most of the IT jobs are bullshit jobs, anyway. This was foreseeable outcome.

  • @hoda67286
    @hoda67286 Рік тому +1

    Strongly agree 💯

    • @TechwithLuca
      @TechwithLuca  Рік тому +1

      Thank you for watching Hoda

    • @hoda67286
      @hoda67286 Рік тому

      @@TechwithLuca most welcome 🌹

  • @blewcheez
    @blewcheez Рік тому +4

    I graduate around the end of this year, how will it look then?

    • @TechwithLuca
      @TechwithLuca  Рік тому +3

      Thanks for watching. I think by then most big tech will be done with 2-3 rounds of layoff and it will be a period of slow growth. It will really depend on the overall economy and their earnings. I think a lot of them will starting to hire again by next year

  • @mehmetkoyuncuoglu1647
    @mehmetkoyuncuoglu1647 Рік тому +7

    I have 4 years experience as a full stack developer in a startup which pays me very low. I want to switch the career and make a transition to cybersecurity or data science which one do you prefer ?

    • @Sergio-zc2fg
      @Sergio-zc2fg Рік тому

      both of them aren't saturated?

    • @logiccomputer8000
      @logiccomputer8000 Рік тому +1

      @@Sergio-zc2fg yes they are saturated.because of bootcamps

    • @josh2482
      @josh2482 6 місяців тому +1

      You are going from one saturated field to another.

    • @mehmetkoyuncuoglu1647
      @mehmetkoyuncuoglu1647 6 місяців тому

      @josh2482 they are saturated but their is a still chance to work in company now. I'm working super market as a meat sales clerk. When I get my comptia security + which the company requests for and I'll switch job position because it id asking you employee ID.

    • @mehmetkoyuncuoglu1647
      @mehmetkoyuncuoglu1647 6 місяців тому

      @josh2482 they are saturated but their is a still chance to work in company now. I'm working super market as a meat sales clerk. When I get my comptia security + which the company requests for and I'll switch job position because it id asking you employee ID.

  • @yashsolanki3665
    @yashsolanki3665 Рік тому +3

    Thanos was right

  • @leonidbalandin6690
    @leonidbalandin6690 Рік тому +1

    Colleagues from the US, please share some of your experience 😉 I’m relatively new to the country, and originally from Europe. I have a solid experience as a software engineer, but I still can’t get how it all works here in terms of finding a job 😂 Let me explain what I mean. There are so many vacancies on Indeed, LinkedIn and etc., that require from you the knowledge of, let’s say, PHP, Go, C#, C++ and tons of the corresponding frameworks in one vacancy simultaneously, where your experience MUST be 7+ yrs with each of the above listed. Idk if it’s a bad description from HR, or the employer really what’s you to know all them at once? I understand that over time you become proficient with some specific stack, let’s say - JS, PHP, GoLang - this is something you can really have a chance to work with on many projects. BUT - C++, are you kidding me, in web dev?
    In EU this works the next way - you can know only PHP as your main programming language (and of course additional technologies like, SQL, RabbitMQ, Redis, etc). Once the project requires a skilled C# developer - they look exactly for C# developer. It’s even considered a bad practice to hire somebody who is like a Swiss Army man, as there is a high chance that such a person knows a small part of every language, but doesn’t know it in depth. It is also possible that he / she can miss some new trends or new features if we speak about frameworks, or may not know some of them, if again, he / she is engaged with multi-language development. This is why the work culture seems to be completely different, and sometimes you can’t really figure out what HR really wants from you

    • @TechwithLuca
      @TechwithLuca  Рік тому +2

      Thank you for posting this. I always find a lot of these ‘basic requirement’ iffy. For example they shouldn’t expect anyone to know the full stacks of their project but sometimes they do want a lead who can come and be productive right away. It becomes very situational in this case. I say as long as you know one of the backend language or one of the front end. Is worth applying to.
      Also some roles are ghost roles and not intended to be filled which give off the wrong indicator of what is actually available
      This will be a good video topic I will make something in the future on this

    • @leonidbalandin6690
      @leonidbalandin6690 Рік тому

      ​@@TechwithLuca
      Thank you very much for your response!
      Yep, I'm sure that would be really useful for many of us!

    • @pinklemon-m5v
      @pinklemon-m5v Рік тому

      Indeed has awful descriptors, i practically ignore them. I see ads like “Seeking data analyst - 4 years css required”

  • @brandonkwon8224
    @brandonkwon8224 Рік тому +6

    I am currently a freshman in college and am going to be graduating in 2026. If you I majored in Computer Science and planned on SWE, do you think it will still be a bad time to be SWE then?

    • @paulsinih7404
      @paulsinih7404 Рік тому +1

      Yes, it's a bad time, do you realize how easy it is to offshore SWE jobs? Far easier than most other fields

  • @3WR6f3
    @3WR6f3 Рік тому +1

    Makes sense, but how true is this really though, I mean for the people actually applying in their own respective regions

    • @TechwithLuca
      @TechwithLuca  Рік тому

      Thank you for watching! 100% not all the regions we be hit the same. I would say many people fail to realize a lot of these layoffs are also at a globe scale, big tech have more than just the us locations, which can be worse. I keep the company will always put their interest at first so the higher cost region will be slower to recover than cheaper cost region imo

  • @KillasStayFly
    @KillasStayFly Рік тому +2

    So are the companies doing bad or are they just going back to prepandemic level?

    • @TechwithLuca
      @TechwithLuca  Рік тому +6

      They want to go back to pre pandemic level because they realized they have been over hiring. Bad economy is just an excuse

  • @BlacK-xl4dd
    @BlacK-xl4dd Рік тому

    I think you are right.what do you think wich is more better it programing or backend developer?

  • @entonivkaslov8796
    @entonivkaslov8796 Рік тому +5

    Good video. You forgot to mention that the growth of AI eventually will affect the demand for software engineering and programming.

  • @bobbysad9430
    @bobbysad9430 Рік тому +10

    I'm currently considering changing careers into Software engineering, I feel a bit lost if it still ok to pursue Software engineering or is better to get into IT and transition into cybersecurity or cloud architect. I'm worried of dumping my time 3 years into a degree and my life effort into something that might not pay off. Is it ok to ask you more of what would you do if you had to start over.

    • @TechwithLuca
      @TechwithLuca  Рік тому +12

      Thank you for watching Bobby, this really depends. If you are currently a student and not going to graduate for another 3 years I say don’t worry keep going with the software engineering related degree. If you are someone who’s working already I say you can always apply and study on the side and pivot only if you find a suitable tech role. I will do a video on given the current economy what I would I do but feel free to check out my last few videos. I touched a little bit on that

    • @tcc5750
      @tcc5750 Рік тому +9

      Cyber Security is not easy to get into. You often need certs and prior work experience to get hired. That being said, if you obtained an A+ or Network+ or Security+, you'd easily land a help desk job that pays around $20-$25 an hr or Desktop Support. Then you could get the CCNA and get hired as a NOC Analyst or Network Associate to earn $30+ hourly.

    • @georgebunny1910
      @georgebunny1910 Рік тому +1

      The place I work at is hit with cyber security requirements from customers. We have no clue how to implement cyber security, so there is a need right now.

    • @geniusmind7777
      @geniusmind7777 Рік тому

      ​@@tcc5750awesome advice!! May I ask one side question on top of that? Do you think help desk jobs in cyber security is remote friendly? I'm trying to get a remote role to work for a company outside my home land after the necessary certs optained (I don't have a degree.. So..)

  • @sunnyboi1221
    @sunnyboi1221 Рік тому +9

    Its oversaturated of people joining this field with the wrong intentions aka greed, work from home.

    • @TechwithLuca
      @TechwithLuca  Рік тому +3

      Def. I think having a lucrative field and low entry made the field like a get quick rich field. I have another video on do you need to be passionate about software engineer check that one out :)

    • @aeganratheesh
      @aeganratheesh Рік тому +13

      How is work from home a wrong intention?

    • @kenmtb
      @kenmtb Рік тому +4

      @@aeganratheesh yeah that sounds like what a boomer would blurt out

    • @aeganratheesh
      @aeganratheesh Рік тому

      @@kenmtb boomers are the ones who don't understand how work gets done and want to micromanage others in order to justify their miserable existence

  • @Tezah89
    @Tezah89 Рік тому

    I’m currently working towards my degree. I’m not interested in working full-time and making a ton of money right now. Do you have any recommendations? My main goal is experience. I want to make sure when I start my full-time job hunt, I know what I’m doing and have some kind of experience on my resume.

    • @didanrizky862
      @didanrizky862 Рік тому

      best advice i could give based from experience : don't stay at 1 company, go look for another in 3-4 years.
      that took nerves to try find new company of course, also high risk, but when you found another one, you can make your margin higher. that means more stable economy and lot of new experience.
      and also while working on it you can try freelance job or do your own stuff for new insight.
      have a nice career!

  • @Qaos2
    @Qaos2 Рік тому +1

    For those of you looking at this video thinking about whether or not to pursue a job in tech, do it. If you don’t get a job owell. You learned an invaluable skill.
    Companies love certs. Goodluck!

  • @Maniseesbothsides
    @Maniseesbothsides Рік тому

    Is it raining in the background?

  • @Quidoute
    @Quidoute Рік тому +1

    its not saturated,
    their are a lot of newbies who got his first TODO app running, and calls him self an SE
    puts a profile on upwork and fail job,
    I have friends like that,
    one who didn't even got to medical school and says to me on whatsapp when we were talking about calculus
    "as a surgeon I won't need that calculus" and anotherone who made a couple of cents from trading and calls him self a trader

  • @TuxBearlux
    @TuxBearlux Рік тому

    What's the average age that work as an entry level software engineer at your company?

  • @TheJacrespo
    @TheJacrespo Рік тому +4

    The software development field is currently extremely oversaturated, the same for seniors as for juniors, because most IT companies are below the expected profit level, and not a few of them are still without any profit. My advice is to look for another career.

    • @bobsam5982
      @bobsam5982 Рік тому

      Lmao yeah if you live in a small ass town and are unwilling to travel

    • @bobsam5982
      @bobsam5982 Рік тому +2

      There's only over 100k jobs each year with less than 5k graduates a year and many retiring. You don't get out much. The industry is hurting for good engineers

    • @leonidbalandin6690
      @leonidbalandin6690 Рік тому +2

      Maybe it will be a discovery, maybe it won’t, but it’s still easy to get a job in Europe, as the US is mainly does outsource for huge projects. All my employers were the US based companies, thus we had a local EU team of 30+ ppl. I would say that the work culture is much better there, since you don’t need to do full stack. Thus you can focus with only one programming language, let’s say 🐍 (Django), any SQL, AWS, Docker, Git, and that’s all 🎉. Fronted-end job is done solely by FA devs who are good at other tech stack.
      Of course the salary is two times less compared to US. However, the money you spend (rent, food, etc) is also 2times less

    • @TheJacrespo
      @TheJacrespo Рік тому

      @@leonidbalandin6690 The IT market in Europe always lags behind the USA market, both in terms of hot and cold periods, as is happening now. Just give it some more time.

    • @cartel_papi
      @cartel_papi Рік тому

      ​@@TheJacrespowhat do you have a career in?

  • @RELEVANT2KILL
    @RELEVANT2KILL Рік тому +4

    I do not agree,and it very much depends on your market. Most of the people laid off were from IT,but not important people like software engineers. Sure some did get laid off,especially the ones you see on YT that were doing pretty much nothing,but the real problem is these deadweights have a FAANG company on their resume so they're bound to be competition.

    • @tcc5750
      @tcc5750 Рік тому +1

      Depends on the company and market for sure. At my job, we terminated roughly 15-20% of all the software engineers and about 20% of the T2 Service Desk (Desktop Engineers/Tech Support Engineers). The DevOps people were barely impacted, same with Sales.

    • @jonte7789
      @jonte7789 Рік тому

      @@tcc5750 what job (position) do you have?

  • @saisuresh2523
    @saisuresh2523 Рік тому +1

    Software engineering is boring
    Data science is creative 🔥🔥

  • @frozen7035
    @frozen7035 Рік тому +1

    Hey I’m just about to start my uni so what would u recommend should I not go for software engineering rather go for cyber security?

    • @TechwithLuca
      @TechwithLuca  Рік тому +1

      Hey thank you for watching! You are actually in a very good position. Since the tech industry might be on the upward trajectory by then but ofc not guranteed. I still think if you can find even one internship for a software role is set. I would say cyber is also great make sure to check out Sandra - Tech who makes awesome video on cyber. Both are great options and depends on which one you are more interested :)

    • @frozen7035
      @frozen7035 Рік тому

      I’m interested in both of them but I come from a very unstable financial background I want to go for a very safe high paying career what would u recommend?

    • @ImLure
      @ImLure Рік тому

      @@frozen7035 if you can go computer science at your university, you should do that. Cyber security is more of a specialization on top of computer scientist and ranges from cryptology to simple compliance. The safe route to me is to get a computer science degree which gives you a leg up over someone like me who broke into IT as a security engineer without the CS degree. You’ll also be able to specialize in more things such as ML/AI or Networking which also feeds into cyber security

  • @stevenlopez1717
    @stevenlopez1717 Рік тому +5

    I am not in tech but I wonder, what give you the impression that these large companies will resume (large scale) hiring in the future?
    From what I understand, companies like Google spend far more than necessary on labor. When investors see increased growth and profit while reducing costs shouldn't this merely reinforce the idea that they get the job done with, say, 30% few employees? Not to mention the accelerating development of AI, which supposedly will replace (some, not all) workers in orders of magnitude.

    • @friedec3622
      @friedec3622 Рік тому +1

      AI cannot replace devs.
      Where do you think AI learn code from? The humans.
      AI still failed to understand humans intentions.
      AI is helpful to devs, but cannot replace them.
      Devs job is turn intentions into code.

  • @banjoowo4001
    @banjoowo4001 Рік тому +2

    I am 19 and I'm recently going to start University , Can you tell me which subject I should choose to keep up with the current trend and a great future

    • @TechwithLuca
      @TechwithLuca  Рік тому +1

      Pick classes that will teach you useful programming languages. Algorithm data structure for interviews and anything that you find interesting. Since most classes aren’t that useful is best to figure out and use the time to see which field track of software interest you the most

  • @JpDubbed
    @JpDubbed Рік тому

    How do you feel about this video now?
    I was heavily considering going into the Tech field, yes through one of these "bootcamp courses" you spoke about.
    However, I do work for the state so my job is somewhat "solidified" so long as my time and attendance is good and I do my job.
    My idea was to take one of these courses and get a tech job within the state system. I believe I would have a higher leverage being that i already work for the state..but Idk. What're your thoughts on this idea of mine?
    Thanks for the insight :)

    • @TechwithLuca
      @TechwithLuca  Рік тому +5

      I will make another video on this topic since it been almost 6 months

  • @user-pg2fh5mj5s
    @user-pg2fh5mj5s Рік тому +1

    What do you think about Data Science?

    • @TechwithLuca
      @TechwithLuca  Рік тому

      Data science is very tricky because there are so many different types. I think if you are on the technical side is generally safer than purely business side. A lot of DS are important for companies to keep making money but in times of downturn they might not need as many DS due to project cuts etc. if you on the quant side this is still very very good.

  • @daniellarson383
    @daniellarson383 Рік тому +20

    Software engineering definitely isn't oversaturated.....
    There's an oversaturation of people looking FAANG specific positions that pay 6 to 7 figures, but the wider market is thriving.
    Layoffs have happened and would always have happened because they all jumped at getting as many people on board as possible, and then terminating them when they realised the business case didn't align or they finished projects.
    It's a constant flux.
    Short term or long term, no issue at all

    • @TechwithLuca
      @TechwithLuca  Рік тому +1

      Daniel thank you for watching! 100% higher paying ones are what most people want and think all SWE roles should be like. My other video touched a little on why I think overall salary may drop as a result. The market in other countries are also very different from the US. Glad you are able to provide this light in this situation :D

    • @daniellarson383
      @daniellarson383 Рік тому +3

      @@TechwithLuca I couldn't agree with you more on the fact everyone thinks that se should be paying exorbitant amounts, it's the typical rockstar idea haha.
      Being realistic, only a small number of people in the field are even going to be FAANG suitable, and even a smaller number are going to find their way into those companies.
      The wider market is fine because software engineers are useful at almost every company to a degree.
      Pay itself is going to drop, mostly at these larger places, because funding has dropped 80%, and all the shouting around the ai revolution (dumbest thing I've heard, mind you), there's going to be an employer's market coming with the industry.
      If pay is dropping and realigning with the market, that's a win for me, because that's when people can start getting investments again and we can start to see innovation, especially when all of these laid off people start to build their own stuff so they can escape the lay off potentially at other places.
      I give it 2 years and investments will start to turn around, removing any current fear most people havr

    • @paulsinih7404
      @paulsinih7404 Рік тому

      You will eat your words Daniel in a few years, I'll come back to this comment just to remind you how dimwitted you are

  • @thepottmi
    @thepottmi Рік тому +3

    Click bait.

    • @TechwithLuca
      @TechwithLuca  Рік тому +1

      Thanks for watching. Please let me know what you would like to see :)

  • @ZittoUL
    @ZittoUL Рік тому +2

    Everyone says its over saturated, but you have to remember that people leave the industry everyday. Who's going to keep the industry and the future of technology moving if you dont have new people to come in and take their place? Its just like the trucking industry... People say it is over saturated but there are more people in the trucking industry, then there are in SE or Web development.

  • @oregonxyz
    @oregonxyz Рік тому +5

    boot camps are a joke - you can't get good in such a short period of time

    • @KanekiKun-dt1of
      @KanekiKun-dt1of Рік тому

      You can if you have engineering background (in context to India),as Most Other Branch Engineers have that Aptitude,and Attitude,so it is,they just gotta learn skill.

  • @ramielkady938
    @ramielkady938 Рік тому +3

    I agree with you man, the market for doctors, lawyers, and software developers in saturated. I recommend that "you" go work for McDonald's, as for the rest of us we will sadly stick to the horrible market of doctors and software engineers - cheers ...

  • @BhootFMNetwork
    @BhootFMNetwork Рік тому

    As I'm not genius , not capable of thinking too deep to solve problems enough, I will rather take electrical engineering 😢 There are too many software engineers in my country compared to number of jobs. If I study CS, I have to do freelancing to make good money but it's very risky decision and there is too much competition for new people. An inter in my country makes 150-200$/ month , which is less than a local beggar earns per month . Experienced programmers make around 500-800$/ month, still not good enough