I was just laid off from a tech/defense company. I'm a software engineer. In just the past year, we got the worst raise the company has ever seen (2%...during 8% inflation), they drastically increased our health insurance costs, they had a full RTO mandate (pretty sure this was just to make people quit, because it worked), they put a full promotion freeze in most of the company, they did a 5% RIF six months ago, and another 5% RIF this month. And the CEO gave himself a $40m bonus.
Getting fired is just permission to be happy. Also, you were a participant in a profound evil. You should be so grateful that you don't have to be evil anymore.
Are you willing to name the company? A friend of mine works in defense, i thought about going into it a while back but I decided against it because I felt like I might get pigeon holed into that industry and i would learn a lot of tech stacks that arent so relevant outside of it
As I was starting out in tech, the goal was never to work for one of the “big tech” businesses. Everyone knew it was actually miserable there. The goal was to get hired there. Stick it out 6-9 months to get some stock options, and use the leverage of “engineer/developer at [big tech]” to get a cozy job that paid a stupid high salary The goal was that you get there, and you use that clout to coast the rest of your career
You get RSU vested over 3 or 4 years. Unless you are actually good (few are), your RSU is 🥜. Over 6-9 months you may not even get a dime based on the vesting schedule.
@@conQU3SOthis is how all white collars work though. Kids sell their souls for corporate for the first part of their career then jump ship to smaller firms. Only the most ambitious stay to climb. Finance, accounting, law all work the exact same way. I think most people, even those at the top, agree it’s toxic; it’s also cultural, systematic. We can see it in politics too, public servants serving corporate interests and get rewarded with cushy advisory role once their term is over. Trainee chef selling their youth until they can establish their own restaurant and so on. Mentorship is almost “accidental”, done reluctantly or a charity.
I contacted the unemployment agency (Swedish, idk proper translation) after being unable to find a job for 6 months, and the worker to handle my case was a fresh grad engineer that was also unable to find a job. Good times
Buildings will be pre-fabricated sooner or later and mechanics will be the same slaves working at the in-house repair centers as the rest of us because right to repair will be repealed for everything.
coming from a contractors family and getting a start in the field at a sort of young age, I can tell you it works out for some, for many its a terrible grueling life. Some never make it to a level to make good money, they end up on serious pain meds, die early, or end up on welfare, homelessness ect. If you are lucky to get the training and get in a good position in a good company or contractor that gives a shit about you then you might have a shot. Or if you are just brilliant or are really good at putting out fires. But generally, get a construction job, is about as bare minimal as, well at least Im not dead.
Been working in tech and advertising for 20 years now. It's always been brutal. The new kids got spoiled at these big tech jobs with sleep pods, free lunches, and corporate events - it was all just a mirage.
You clearly haven’t talked to actual old heads in the industry, the 80s in the tech industry was full of cocaine, drinking and even strippers. Shit was like Wall Street what we have today is mild in comparison.
Remember the girl that posted "one day at my job at twitter" or something and she basicly start the day arriving late, getting breakfast, then she gets a massage, then she does a meeting then she does yoga then she get free meal, then she meditate, then she does a meeting, then she get free coffee and then she go home
I'm from the accounting tech industry, it's as bad here. An entire department just got "restructured" this week. Basically the top management is "asking" the entire department to voluntarily resign soon so that they don't need to pay severance. That department is being replaced by AI and cheaper outsource from India (remote work). The irony is that that very department spent the last year training the AI and outsourced workforce. Savage top management.
I'm gonna be laughing for any company that deploys an AI accounting systems. They're gonna get flagged by Auditors so much 🤣AI systems can't even properly code a SACS Govt. accounting code. Accountants are thriving right now.
i’m convinced asmond takes shit before streams sometimes. how can the man go from giving educated takes on the political landscape all the way to someone that’s never seen a computer before. Look at his Stanley parable play-through video for the worst case of it…
That's hilarious. I had to watch again and honestly didn't notice at first. It is a bit unnerving how he is able to keep them open for such a long interval of times.
I'm calling it now. One of these days we're going to hear about a multi-billion dollar website get sued for scamming investors and business partners because they're pretending their entirely botted userbase is real humans.
Theres a reddit wall street bets post where a guy put in $700,000 of his inheritance all in Inte, just hours before it tanked. He lost almost $200k in 1 day while everyone watched. Insane move.
Imagine being that guys grandma😅 Spending your life working and saving so your family doesn't have to, then the day you hand it over, he punts it all into a single falling stock
If you look at who is fired, its almost entirely HR. Twitter, Meta, alphabet, ect. Almost none have been "tech" jobs. Nearly 100% of layoffs have been in HR, management, "consulting" and other bullshit jobs.
Well 20 years ago job market experts predicted that 20 years later due to advancements in technology we would work less than ever . They got that right, they just didn't realise how correct they were...
But l work less then l did 25 years ago. 25 years ago l was working 9-10 hours a day, often out of town , weekends were there to finish paper work etc now l supervise people working like that. Something has to "blow up" for me to leave town, on weekends the phone is off and only a few people (mostly mangers working with customs) have my "shit hit the fan number". 40 hours work week, and unless an audit or end of the quarter is coming , l don't even take work back home. The amount of work l did as a 25 and 47 year old is hard to compare.
@@piotrjeske4599 I hope you are being sarcastic because the people you now supervise are still working like you used too, the point was that everyone should be working less, not just the wage stealing older people like you make yourself out to be whilst younger people in your position 20 years later make the same wage you did but costs are 100%+ increased.
@@Doomguy.XIV87.5 Well shiete. I'm 30 and doctors have described my back as looking like "working 50 years in construction" I never even got to use my body to break it down. Sucks being born with spinal arthritis.
@@Doomguy.XIV87.5 If you sit 14 hours a day in front of a sccreen you will kill your back ... if you work all your life on a construction site you will kill your back too. I had been working in offices (programming) for years ... many guys in their 40s had a lot of back problem. I switched to a factory job ... blue collar (metal processing company) ...people there seem healthier.
@@Doomguy.XIV87.5 Some guys top out in doing grunt tasks because it's good money, don't change if it ain't broke. The key is always to be learning, developing new skills (that are more brain than brawn) that make you too valuable to wasted on dumb grunt work.
it did for a month and Biden/Harris haven't stfu about it since and get violently angry when you point out the other 47 months it didn't and they start sputtering whataboutisms about Trump
Yeah I got a 2%.and 2%.bonus. My company, not tech, has not posted losses in years. In fact, it's grown. Ceo got a massive raise of course, even tho they laid of 30,000 us based people. No one in India lost their job, in fact, they got more
I work in Manufacturing and somehow our starting wages are the same as Walmarts now when a few Years ago our Starting wage was a Bit Higher then starting at Walmart
The office pizza party meme has struck yet again! Feels like they could've just threw a bunch of Digiorno pizzas in the ovens and saved the delivery fees. After all, it's not delivery, it's DioGiorno Giovana! MUDA MUDA MUDA MUDA MUDA!
@@tozu777 they have done that before lmao 🤣 since it’s Walmart they just store use 7-8 disorno pizzas so they still don’t have to use any of there own money
@@Christian2k02 exactly, they already paid for those pizzas anyway. Just delay a few in house baked goods and there you go! They can throw pizza parties or do an in store knock off of Lil Caesars.
@@banhammer3904 have you seen all the products that require multiple people to stock? A friend of my brother nearly broke her arm trying to place a bike back on its rack 2 meters off the ground. The guy that was supposed to help her dipped because he was bored.
i remember working at an industrial slaughterhouse isntead of having shifts we just worked until all todays orders are fulfilled Most of the time we worked 7 to 9 hours, it was pretty nice More migrants started showing up and it felt nice to have extra help so we dont work extra hours Eventually last 2 months we starting working less and less until eventually we only had to work for 3-4 hours to finish all orders Needless to say i didnt have a job soon later they fired everyone who is a citizen and only left migrants.
This is what is really going on. There is a mass influx of Indians working jobs for pennies on the dollar. Go look at DFW, its turning into little India.
@@krisamagus1 I am from Poland and it happened almost 2 years ago. I worked in distribution dpt of a industrial poultry slaughterhouse, got plenty of pics on my phone from there and still got my employee card in my wallet as a souvenir. Our job was to prepare pallets ready for loading into semis for orders. Our shift ended as soon as all the Semis were filled and cleaned up the hall. We occasionally had migrants from other departments come to our department to help with stuff like portioning organs or Freezer duty if we were short staffed or extra work had to be done, i think there were more migrants working here than Poles and they said they worked for less than minimum wage, most didnt speak neither polish or english, typically russian or ukrainian, i know there is a lot of them because on Christmas we would give out a free chicken to all employees and i was the one to have them sign the list and give them the bag. At some point we started getting smaller/less orders so we would finish all work in 2-3 hours(most of the work was already finished by morning shift and i was in afternoon shift) and then wait for all the semis to be loaded and typically go home after just 5 hours, we were still paid for full 8 hours. One day i got called into the office and got told they had to reduce staff since there isnt enough work for all of us, stayed only till the end of the month and that was the end of it.
Lotta maintenance jobs in Las Vegas going the same route. Very bad city to be a maintenance technician, unless you can get hired by casino.. never seen such low wages and difficulty finding work.
The tech women that showed vids of their day were there for three reasons, 1. To make those dumb vids. 2. To inflate the new jobs created numbers. 3. DEI statistics.
Just b/c Larry Fink has had to walk back "We have to force behaviors", ESG/DEI, and "markets love authoritarian regimes", DOES NOT MEAN that he's actually abandoned those goals... He and his WEF cronies have simply gone covert.
If we can call a human who plays chess “intelligent” then I say we can also call a computer playing chess “intelligent”. I think you’re mostly concerned with “is this robot *sentient?*”
@@Dailyfiver I would have to respectfully disagree on that as a Computer playing chess is programmed to play with perfect chess strategies. I state this as Chess in principle can be solved.
Got to say as someone who is one semester away from a CS degree, not feeling too great lol. It doesn't help when all your professors feel the need to tell their students "Yeah, the job market really sucks right now. Good luck, it's tough out there right now."
got to say as someone who is 12 days away from beginning college for engineering (currently undecided since the first semester is all gen classes anyways) but I was leaning towards software engineering, im nervous. Does this same thing apply to SE? in terms of job market?
Having a job in big company is not a trend anymore. The trend now is Remote Job where you can do your job anywhere you want. No one wanted to show up in company building everyday and looking at the clock on the wall after it reached 12 PM wishing for it to magically hit 5 PM or the go'home time. Everyone dream job is having Remote Job where you can doing it in anywhere you want, without thinking about what to wear, how to go there, how much the cost, etc.
That's not absolutely true, a lot of people need a few days in the office to socialize, and some were very sad during the Covid lockdown. A good working environment can be nice.
I think it is also mostly you can work in a lower cost of living state or country where you are paid lesser nominally, but the value of your money is the same or higher in that state or country (for example Thailand). You get to keep your high lifestyle without killing yourself in your job dealing with bullshit high class golden spoon management who don't give a shit about you other than their status and their wealth.
I heard companies used remote work as a way to see who they should fire and who they shouldn't. At some packaging company they told people they could work at home or they could work in their office. The people who stayed home got laid off.
@@douhwufwef5207 Some companies have a rule where you are forced to turn on your webcam all day long so they can check if you are working or not. That's rly fucked up because you never know if someone is watching you or not.
@@douhwufwef5207 Some companies also have a rule that forces you to turn on webcam all day long. That's really messed up because at least in the office if someone stares at you you know it, but with webcam you never know who is watching you and when.
Got laid off from a real estate “startup” (5k employees) as a software engineer in that giant wave in 2023, I’m working for a much more laxed and stable company and even amid this years layoffs I feel Extremely secure in my job compared to last year, moral is fuck these big “family culture” companies
Nobody ever gave a shit about the perks in the office. We had xbox's to play in our office, but nobody would dare get caught on it because it's playing while on the job.
Im a welder and so many guys are applying to my shop because a huge plow manufacturer in the area is now closing during some months because they havnt had enough sales. The winters have been too mild.
Im giving his video a like because he called out the ignorant microphone users and he uses a shotgun mic off screen like you're supposed to. Love this man.
For anyone who has brains and self-respect big tech hasn't been a place to work for years now. Brutal interviewing, exhausting crunches, pretty much a wage slavery and making a sacrifice for a big check. There's a reason the average employment time is 2 years in these places. There's much better places elsewhere.
DEI doesn't work for companies but it also does NOT help minorities or society as a whole. Nothing good comes from dividing people by skin color and removing merit based hiring. DEI also infers that minorities aren't capable of getting ahead on their own skills. It's incredibly racist and sexist and pits society against eachother based upon race or gender or whatever 'identity' is on top at that time. If I have to cross a bridge, I don't care about the color or gender of the people who designed or built it. I care about their skill level and if the dang bridge is going to stay standing when I cross.
DEI only temporarily helps. when it comes to progressive ideals most of it is temporarily and relies on EVERYONE having the same mindset. otherwise it all just crumbles apart when the cracks show. Like with DEI, once the higher ups see how the public reacts and how the flow of money is impacted they won't look back and change things up. Now the minorities who rely on DEI slowly lose their upper hand and what time could've been invested in actually helping them was wasted into DEI
@filidhdeklend893 I had to look it up, but you're spot on. "Divide et Impera: A Latin phrase that translates to "divide and conquer". In politics and sociology, it's a strategy for gaining and maintaining power by exploiting or creating divisions within a political group. The goal is to split the opposition so it can't threaten power."
when I go to my office, it's just empty spaces like the one you see in liminal space videos, most people prefer to work from home. Most don't even want to spend hours in commute and waste their money, when that money could be saved and invested in ETFs or mutual funds.
I've worked in a google building before window cleaning and the office is like a play ground. They had mini golf and 5 foot basketball hoop on the balcony. Super comfy chairs everywhere
Washing windows how ever many stories up. Is way more condemnable then blowing off steam at the work play ground with your work mates. (Cringe) I'm genuinely afraid of heights so thanks for taking care of that for us lmao.
If you mean their office chairs at their desk - that's them actually being responsible as good chairs will save them money in health insurance/healthcare expenses. Everything else is complete luxury. I work at a tech company in the Midwest. People always thought we were weird for only making the buildings "fun" through (locally made) art - but it's looking pretty responsible now in comparison.
As a senior dev, I can say that I've never been more busy. It's true, that many programmers were laid off, but almost all of them were junior positions. The burn out is increasing among seniors and I believe companies will need to start hiring juniors soon. The current situation is just not sustainable.
22:44 - of course they cared about DEI. The government(s) gave them huge incentives to have these programs, reach a certain ratio or level of DEI's holding manager and/or executive positions and so on. Like Asmon said, they never did care about the minorities. But they did care about those incentives. Money talks louder than anything else.
Just phrased it wrong. If the company has to let you go, they pay for severance. If you quit on your own terms, they don't have to compensate for that. Corporate will tell management to put the pressure on those who are undesirable, so that those people will feel like they should quit and move elsewhere. Not every company has severance pay though, but I'd guess that all the big tech companies absolutely have it as an extra incentive to work for them.
In my industry we have a big annual investment conference in SF & it’s gotten to the point where barely any of us will go. As New Yorkers we find SF terrifying 😂
From talking to people I know in big tech, its a ton of really highly intelligent workers run by a cascading heirarchy of moronic middle managers who all over promise, overwork their teams with no regard or care for reality. I hope they fired them all and promoted from the actual talent pool. Its was an unbelievablly inefficient business model with no accountability.
From now on, we´re going to stop overworking people. By watching frequently released videos about Mandela Effects, you find all the information you need to organize your sleep time, your daily routine, what you eat, how you travel, etc.
Next year - "Big tech hiring thousands of workers after AI development disaster" Just like last year was the year of serverless, now VC's realizing they are getting rinsed in cloud costs
Tell that to my boss, I migrated everything to cloud so we can pay hundreds of thousands a month and now when it doesn't work AWS spends a week "investigating" before linking us some irrelevant documentation with no solution.
@@Ohnonono123 Moving to cloud is going to be one of the biggest and most expensive disaster we've ever seen. This AI nonsense is just a smoke screen to hide the failures for a couple more years.
Industrial trades have always had big hire and fire cycles in between projects so for trades that kind of situation is normal but with the confidence there will be a new project around the corner. If you get fired forever instead of a temp layoff that’s bad news!
I work in tech and that’s right, they add these amenities so people will work more and stay in office longer. I worked at a place that had a chef (free food), a masseuse, a beer keg, arcade, pc lan party room, & a nap room. I lived a few cities away, so I slept there often & would stay at work for a few days at a time.
This dude has this complete MISS. The reason there was a hiring boom in the U.S. during COVID had EVERYTHING to do with how the government distributed the newly minted money. Where countries around the world gave money directly to the people, the U.S. gave extra money to companies so long as they didn't lay people off. This led to it being MORE profitable to hire people to do nothing, at least for the time.
Also these companies' wallets got fat during COVID as people were forced to stay home and do all their work/shopping/entertainment etc online. The big tech companies saw a lot of growth during those couple years
@@ZOMBIEo07 OpenAI is close to bankruptcy, investors are barely seeing a ROI in AI etc. At most it will be a small tool for boilerplate, but as of right now it's not even that. Maybe next breakthrough will do something; but not in it's current state and with current LLM's.
@@pictureus People litterally said the same about cars. Hell even i myself thought that first smartphones were just a short lived trend when they came out. Thats just life and instead of coping people who are affected should better learn new skills that would be useful in the future instead. Also the IT bubble would burst with or without AI anyway, lets not act like its a surprise to anyone if you paid attention critically.
The problems with 'perks' at work is that you can't ever actually relax or let down your guard at all in a corporate environment because ya could be fired at any second for accidentally saying something true, or accurately identifying somebody with common terms that hr doesnt like..,.
Before people complained... "offices are dull and eats your soul". Now they complain... "offices are made into fun places to keep us working there". Make up your mind already.
A certain group of people doesn't want people hired at their companies because they want AI to do a job and not push back at all It's going to backfire in their faces in the most unprecedented ways
@@carter5377nothing cap about it. I get you college students don’t want to read, see, or hear about the doomerism market but college was never about “go get educated and employment surely follows thereafter.” Only the former half is true, the latter is just a recent gatekeeping method in the last half a century or so. The more parents shoehorn their kids to go through college, the more the market simply becomes saturated with degrees such that they’re the new baseline with a surplus of competition among people.
@@carter5377 I don't think you understand what "certain group" I'm referring to. They don't want anything on these big platforms that pushes back on them, henceforth why they want to hire AI. Now I don't know about any college or whatever maybe you would be able to program the AI. It's just that I wouldn't want to program for people that censor any criticism of a certain group as "anti-semitic"
@@sanc3375 the people involved in crashing markets and pushing political candidates is who I'm talking about, and how it will backfire is a national movement against this group which makes up only 0.2% of the population, yet controls the Western world
There is always a job for good workers in tech. The problem is that HR and Management lays off good people and keeps tards because they look at more than the skill set. Which is dumb, that is like hiring a race car driver, or a surgeon to work on you because they are a good cultural fit.
Good morning josh, Realizing reality is not harsh but you have to adapt. Nowadays the most important skill is being social and especially in Tech companies.
@@callmeshen9754 This is sadly true. I am lucky I am not just a head down programmer and I fill many roles on a project both tech and business oriented, and leadership / project management though I hate that. But engineers that think they can just sit back and only write perfect code arn't in demand. We need beige station wagons. Not lambos and dumptrucks.
Yup the DEI hire stayed a year longer than me even though i had mastered the job in a month. Meanwhile she was still struggling through the most basic tasks after 5 months.
12:58 - OMG, the guy coming back on screen and he's literally holding his entire mic arm stand up to his face ... and Asmon just talking like he totally doesn't see it. 🤣
I know a guy who works for intel and said since 2021 the buildings have gradually been losing people and are now roughly 80% emptier. They're allocating resources in their foundry projects but only time will tell if they're successful. Its like a ghost town inside there every day. This is at the AZ site.
When I was in high school, college was pushed on us so hard. It's like they didn't even consider trade school or specialty programs options for anyone who wasn't at least a C average student. Now that I'm a teacher, I tell all my advisees that if they enjoy working with their hands, find a trade. If not suited for a trade, then get work experience at any entry level job in the field they want to get into. GPA, experts assuring us what the "booming" industries will (maybe) be in five years, colleges claiming to have great financial aid programs for low income applicants, etc etc - it's all bullshit. We have a local welding program we enroll dozens of kids into to every year at no cost to them.
happy being a welder... okay lol. definitely depends on where you're welding. unless you're sitting in some workshop welding on a table all day, your body won't be happy even if you follow all the rules
@@vulgaritar48 if I had to do it all over I would have got my GED at 17 dropped out went to welding school tried to graduate before I turned 18 or not long after and went to work while all my friends were still getting through their senior year. Welding schools except 17 year olds with a ged. I probably could have got a job with my dad and the oil refineries and had tens of thousands of dollars in a bank account before my classmates were going to their first semester of college. Oh well live and learn
i'm a doctor at a hospital that gets seasons, aka oldies come down for winter etc. During the fall time we stock up on extra hands in the hospital and during the spring we start going back to "Core" workforce. last month 220 people that ranged from just social workers to nurses to janitors etc were let go.
I had a professor that worked at Google and he told us he was paid an amazing salary but you get overworked so much that it's not worth it (why they have a high turnover rate). And yes, all the "perks" at work are meant to keep you on their campus. As a software engineer now, I avoid large companies and start-ups. The medium to small size companies seem to be more stable and still pay very well.
The losers who posted all the videos of their opulent work life's are the first people to get slashed in these layoffs and they exclaim how unfair it is that they had barely any notice lol , bruh did you even work ? 😭🤣
I've been in tech a long time and most of the benefits have been garbage. I don't care about free pop or foosball tables. I want a pension and training and better insurance coverage
Good. These are the same people that said "learn to code" to blue collar folks in the rust belt when they lost their jobs. Turns out being a plumber now makes more than them and can't easily be replaced by AI. hahaha
Bro, i just wanted to write the same. I have no sympathy for them at all. I remember when all the office workers laughed at the people who seemed to lose their manual jobs in late 2000s and called them idiots for choosing the profession.
22:44 Sorry but here you're actually wrong, the team wasn't exactly "dismantle", they just changed the positions of the people working in the DEI initiatives to different areas of the company, they aren't getting rid of DEI, they are just getting rid of the term so that way they get less attention of what they're doing
For anybody reading this, that "the subway is really scary" is a video made by Kelly Stamps and is 100% a satire video about tech people. It's funny and only about 5 mins long.
I love how people clown on food delivery drivers, but AI and robots will not be replacing it anytime soon. There's too many problems you encounter from, houses with no.numbers, hidden walkways, roads not mapped through gps or completely wrong. Them there is navigating apartments with zero indications of where to go. Businesses not giving everything the customer ordered that tou have to correct them on. I could go on for days.
For everyone that isn’t in this field. Yes Ai is taking jobs but not nearly to the effect that ppl make it out to be. Jobs are getting cut mostly due to the over hiring that happened during covid. The only jobs Ai is going to take in the tech field are entry level programmers and web developers. The market is still a good place to be but the guys that make simple calculators and websites and then get 6 figure jobs. Yeah those days are over.
@@Jutto27 simply put, AI can only effectively generate small bits on codes e.g 5~10 lines, but to ensure that it "fit" and works in the context of your business, you still need an experienced dev to confirm and edit that small bit of code so it fits into the codebase (millions on lines of code)
Yeah I’m a plumber and works on the bathrooms at bayer hq and they had whole floors with funky chairs and nap rooms and crazy fancy kitchens. Crazy stuff from my opinion. Work is work. Play is play. Idk doesn’t seem like a sustainable model lol
thats what regulations are for. to stop that from happening. Also venture capital has been at near historic lows since the 2008 financial crisis (that we never recovered from no matter what the news says). The Coof business injektionz were borrowed by inflating the money. Bonds are crashing because of it to this day, which is a prelude to the big cleanout that's happening now.
As someone in tech who actually does programming for my work's core products, I can say that people who know how to code and are actually doing work for their companies needn't worry about their jobs. The type of tech jobs that are being cut are from the people who see tech as a lifestyle or whatever.
That's not true at all. If consumers cut back, like they are now, your company will fire you to cut costs and tighten their belts. Don't delude yourself into thinking you matter because you can code well. That's how you get blindsided.
@@squid84202 The closest I was "fired" was being furloughed during the start of covid lockdowns, but my company continued to pay my health insurance, and then I was back when they secured their PPP loans. It's not just that I can code, it's that I actually code for my company as well. That's the difference. A lot of these tech workers didn't do shit. My company also never bought into DEI initiatives (they're actually kinda based and would make Reddit/Twitter seethe with the type of humor they have) so they don't have fat that needs to be trimmed.
@@es_is_fresh06 No ego here. I am not a diversity hire, did not get hired during the pandemic hiring rush, and I am involved in the core products completely integral to the company's business offerings. If I do get fired, it'd have to be for some kind of gross negligence or the company completely folds. My job is not to send an email or two once per day and then go do yoga or whatever for the rest of the day like these tech workers getting fired are doing. You have to remember that these corporations overhired for the pandemic, and the layoffs and firings you are seeing still only represent a fraction of these overhires. Expect way more layoffs to come.
Tech is a highly volatile field, for such a backbone industry of the modern world. You're expected to constantly learn, adapt your skillset to every new trend or technology, and an innovation or trend chase can make what you do obsolete overnight. It sucks for first-timers, but we're in a field that progresses and changes extraordinarily fast, and setting your feet is risking having the rug come out from under you.
I'm working in a somewhat biggish tech company and our chef just asked us what tasks we currently do could be automated with AI. That's like asking to shoot yourself lol
I seen this coming around 2010, there were way too many kids getting into tech jobs, it was inevitable it would hit a wall at some point. Glad I bounced and got into a different field. I'm thriving while all my friends who stayed in tech are borderline broke and having to jump to new companies every year or two.
people forget how awful twitter was prior to elon youd get banned for anything and everything ontop of the bot issue everyone seems to have forgotten about
You can't have infinite growth without exponentially more intelligent population. Without a robust education system, or a populace capable of grasping more advanced concepts, you don't have the workforce capable of nurturing growth in the tech industry. The way investments work these days are based on a 20th century infinite growth expectation that is extremely unrealistic, even with advancements in the form of AI and real-time raytracing GPUs, because we simply don't have a populace that can leverage tech for returns.
I work with autonomous driving robots, recently finished a project with a fleet of about 100+ robots. They move around heavy containers in a factory and it replaces jobs like forklift drivers and other drivers. We don't even use AI. It will only get crazier.
I was in tech during these years and the money was crazy. People didn’t even check credentials they just hired anyone who applied. I made a ton of money from it but it dried up so quickly it was shocking! I ended up switching careers and became a trucker as a means to survive. The tech industry is a barren wasteland. The games industry is beyond hyper saturated and almost impossible to earn from.
Its simple. The tech industry has been riding off the backs of venture capital for years now, and when covid hit, that capital supercharged the industry. The tech industry then decided to do tons of extra projects and hire new employees while almost none were thinking about the long term and what will happen when covid ends. Now, with the economy not in good shape, the pandemic is over, and more people are outside and back to work, thry have little to justify that capital and now have to cut costs.
I think Asmon misunderstood what being replace by AI means here. Basically, these companies reallocate their budget to AI. So it's not like these people's work are being replaced by AI. Maybe some customer service are replaced by AI, but I assume that's not the majority of these people. AI is still very far away from replacing software engineers. Even if anyone can prompt AI to write program, they don't have any knowledge if those program is correct or not, or if there are unhandled edge cases. Regular non tech people, don't understand how much time a software engineer actually spend analyzing the requirements and not actually write the codes. The people who come up with the requirements most of the time have no idea the heavy lifting that's being done by the software engineer for filling the holes in the requirements. AI, which has no context of how the real world works, is still very very far away, if ever, from being able to do this. The other issue with AI is accountability. Assume you have a house that was built by AI. You asked the AI's provider, "is this house safe?". If they're being honest, their answer should be "We have no idea.". Would you want to deal with that? Because tech work was seen as a luxurious job, a lot of people forced themselves to learn coding. The reality is, this job is not for everyone, and good software engineers are always hard to come by even now.
It feels that to a lot of companies "wework" happened, where tons of people were simply doing nothing, launch brakes, parties, mindless scrolling and social media binge, "fake" events with fake progress and etc. no actual work done, nor valuable experience made or gained either by the workers.
A big attitude in tech before was to hoard talent from their competitors. They were well aware they were heavily overstaffed. Elon flooding the market with highly experienced skilled tech workers not only showed the other companies they aren’t needed, but also dumped a ton of skilled workers into the market. That means the employee hoarding didn’t make as much sense any more.
I was just laid off from a tech/defense company. I'm a software engineer. In just the past year, we got the worst raise the company has ever seen (2%...during 8% inflation), they drastically increased our health insurance costs, they had a full RTO mandate (pretty sure this was just to make people quit, because it worked), they put a full promotion freeze in most of the company, they did a 5% RIF six months ago, and another 5% RIF this month.
And the CEO gave himself a $40m bonus.
That last line is the one I was looking for. Figures.
Getting fired is just permission to be happy.
Also, you were a participant in a profound evil. You should be so grateful that you don't have to be evil anymore.
Palantir?
Are you willing to name the company? A friend of mine works in defense, i thought about going into it a while back but I decided against it because I felt like I might get pigeon holed into that industry and i would learn a lot of tech stacks that arent so relevant outside of it
@@travismcnasty51 Less than you think. I never worked on anything that killed people and never would. Everything I built was to prevent death.
I like how the "laid off tech worker" videos were almost no different than the "day in the life of a tech worker" videos lol
What's the hourly for turning big rocks into little rocks in Arizona,?
@@ryanvaros8827 5 little rocks.
@@p4l4d1n7 that's pretty good honestly
Those were not tech workers.
They were "women in tech"
And they do not do anything of value
people like that is actually the one getting replace by AI lolol
As I was starting out in tech, the goal was never to work for one of the “big tech” businesses. Everyone knew it was actually miserable there. The goal was to get hired there. Stick it out 6-9 months to get some stock options, and use the leverage of “engineer/developer at [big tech]” to get a cozy job that paid a stupid high salary
The goal was that you get there, and you use that clout to coast the rest of your career
Yeah that’s what that Clement UA-camr guy did. Now he just uses the title “ex Google and Facebook software engineer” to help market his digital goods.
I don't think the coast mentality is sustainable. I get what you are saying though.
@@SuperYtc1 he peddling nonsense to gullible people. like techlead...
You get RSU vested over 3 or 4 years. Unless you are actually good (few are), your RSU is 🥜. Over 6-9 months you may not even get a dime based on the vesting schedule.
@@conQU3SOthis is how all white collars work though. Kids sell their souls for corporate for the first part of their career then jump ship to smaller firms. Only the most ambitious stay to climb. Finance, accounting, law all work the exact same way. I think most people, even those at the top, agree it’s toxic; it’s also cultural, systematic. We can see it in politics too, public servants serving corporate interests and get rewarded with cushy advisory role once their term is over. Trainee chef selling their youth until they can establish their own restaurant and so on. Mentorship is almost “accidental”, done reluctantly or a charity.
I contacted the unemployment agency (Swedish, idk proper translation) after being unable to find a job for 6 months, and the worker to handle my case was a fresh grad engineer that was also unable to find a job. Good times
Pro tip. Become a police officer. Thats the one job that will be needed the most in your country.
@@ZOMBIEo07Pro tip #2: Convert to Islam, or you won't be around as a police officer in Sweden for long
@@ZOMBIEo07 haha, in our country if you have passed age of 25, it's too late
My grandfather told me in the 70's, mechanics, plumbers and electricians will always have a job and be well paid.
lol
Buildings will be pre-fabricated sooner or later and mechanics will be the same slaves working at the in-house repair centers as the rest of us because right to repair will be repealed for everything.
no , no and maybe but it can be deadly
Someone has to build the Skynet infrastructure.
coming from a contractors family and getting a start in the field at a sort of young age, I can tell you it works out for some, for many its a terrible grueling life. Some never make it to a level to make good money, they end up on serious pain meds, die early, or end up on welfare, homelessness ect. If you are lucky to get the training and get in a good position in a good company or contractor that gives a shit about you then you might have a shot. Or if you are just brilliant or are really good at putting out fires. But generally, get a construction job, is about as bare minimal as, well at least Im not dead.
Been working in tech and advertising for 20 years now. It's always been brutal. The new kids got spoiled at these big tech jobs with sleep pods, free lunches, and corporate events - it was all just a mirage.
You clearly haven’t talked to actual old heads in the industry, the 80s in the tech industry was full of cocaine, drinking and even strippers. Shit was like Wall Street what we have today is mild in comparison.
@@Chairemy I don't think those guys would admit that behavior with me in today's climate 😂
I learned that at like age 7. If people are overly nice to you, they're not nice people.
@@PlantNews yeah people generally act like it didn’t happen, but if you just ask them directly a lot of them will tell you.
@@PlantNewssheesh I wish I was a new kid instead of working in a grocery store doing other departments jobs while doing my job.
Remember the girl that posted "one day at my job at twitter" or something and she basicly start the day arriving late, getting breakfast, then she gets a massage, then she does a meeting then she does yoga then she get free meal, then she meditate, then she does a meeting, then she get free coffee and then she go home
Then she got fired
sorry where is the work part ? did i miss it
@@4ka07_muhammadrizky But still made more money than you.
@@shantoakter3124 I think she missed it as well
@@TimeFadesMemoryLasts 😂
I'm from the accounting tech industry, it's as bad here. An entire department just got "restructured" this week. Basically the top management is "asking" the entire department to voluntarily resign soon so that they don't need to pay severance. That department is being replaced by AI and cheaper outsource from India (remote work). The irony is that that very department spent the last year training the AI and outsourced workforce. Savage top management.
What company? I'd like to short it lmao. Outsourcing to India crashes airplanes
@@kawkasaurouswhat are you talking about? Nearly all companies do that.
I'm gonna be laughing for any company that deploys an AI accounting systems. They're gonna get flagged by Auditors so much 🤣AI systems can't even properly code a SACS Govt. accounting code. Accountants are thriving right now.
What happens if those employees refused to resign?
@@moonkinx Company will have to pay severance, but won't give them a reference for their next job basically.
If you took a shot for every time this guy blinks, you could drive home.
Rude remark.
@@VinnyUnion Racist comment.
i’m convinced asmond takes shit before streams sometimes. how can the man go from giving educated takes on the political landscape all the way to someone that’s never seen a computer before. Look at his Stanley parable play-through video for the worst case of it…
That's hilarious. I had to watch again and honestly didn't notice at first. It is a bit unnerving how he is able to keep them open for such a long interval of times.
I'm calling it now.
One of these days we're going to hear about a multi-billion dollar website get sued for scamming investors and business partners because they're pretending their entirely botted userbase is real humans.
😮
@@jordandittman9474something similar already happens, it happens to jpmorgan chase
Yeah its called Twitter 😂
Welcome to the world of stock buybacks.
Chase bought a startup called Frank last year for $175 million that did just this
Theres a reddit wall street bets post where a guy put in $700,000 of his inheritance all in Inte, just hours before it tanked. He lost almost $200k in 1 day while everyone watched. Insane move.
Imagine being that guys grandma😅
Spending your life working and saving so your family doesn't have to, then the day you hand it over, he punts it all into a single falling stock
intel's completely crashed for other reasons lmao
it's terrible only if he sells now. Intel is too big to fail, stock will go up eventually.
He’s down almost 50% in Less than a week. Sheesh. Poor kid
extremely dumb, why would he even do that? This is the exact reason why you diversify your stocks
If you look at who is fired, its almost entirely HR. Twitter, Meta, alphabet, ect. Almost none have been "tech" jobs. Nearly 100% of layoffs have been in HR, management, "consulting" and other bullshit jobs.
Yeah I haven't seen any programmers get laid off. We're certainly not hiring as often as we used to though.
So even better for me to go to big tech?
Depends. Big Tech prefers H1B1 visa immigrants. So you still might get replaced.@@YueZhuang-pt6ff
They always go after HR first, none of my concern tho working for big tech is shitty anyway.
Source?
Well 20 years ago job market experts predicted that 20 years later due to advancements in technology we would work less than ever .
They got that right, they just didn't realise how correct they were...
@DagwoodDogwoggle very informative post.
Inflation is also not helping
But l work less then l did 25 years ago. 25 years ago l was working 9-10 hours a day, often out of town , weekends were there to finish paper work etc now l supervise people working like that. Something has to "blow up" for me to leave town, on weekends the phone is off and only a few people (mostly mangers working with customs) have my "shit hit the fan number". 40 hours work week, and unless an audit or end of the quarter is coming , l don't even take work back home. The amount of work l did as a 25 and 47 year old is hard to compare.
@@piotrjeske4599 I hope you are being sarcastic because the people you now supervise are still working like you used too, the point was that everyone should be working less, not just the wage stealing older people like you make yourself out to be whilst younger people in your position 20 years later make the same wage you did but costs are 100%+ increased.
It was not for the better, it is for the worst
Human loses job and become significantly stupider
“Just learn to code!”
*laughs in construction worker*
*laughs in construction while drinking himself to sleep because your 38 with a body of 58*
@@Doomguy.XIV87.5 Well shiete. I'm 30 and doctors have described my back as looking like "working 50 years in construction" I never even got to use my body to break it down. Sucks being born with spinal arthritis.
@@Doomguy.XIV87.5 If you sit 14 hours a day in front of a sccreen you will kill your back ... if you work all your life on a construction site you will kill your back too. I had been working in offices (programming) for years ... many guys in their 40s had a lot of back problem. I switched to a factory job ... blue collar (metal processing company) ...people there seem healthier.
@@Doomguy.XIV87.5 Some guys top out in doing grunt tasks because it's good money, don't change if it ain't broke. The key is always to be learning, developing new skills (that are more brain than brawn) that make you too valuable to wasted on dumb grunt work.
Enjoy the decreasing health buddy!
"Wages are outpacing inflation"? Someone drank the coolaid.
it did for a month and Biden/Harris haven't stfu about it since and get violently angry when you point out the other 47 months it didn't and they start sputtering whataboutisms about Trump
Exclusively in the tech sector
@@supsoul7235 the tech sector has been collapsing the last 5 years
Yeah I got a 2%.and 2%.bonus. My company, not tech, has not posted losses in years. In fact, it's grown. Ceo got a massive raise of course, even tho they laid of 30,000 us based people. No one in India lost their job, in fact, they got more
I work in Manufacturing and somehow our starting wages are the same as Walmarts now when a few Years ago our Starting wage was a Bit Higher then starting at Walmart
Im lucky, walmart gives us a pizza party for someone not getting hurt for 3 months lol
The office pizza party meme has struck yet again! Feels like they could've just threw a bunch of Digiorno pizzas in the ovens and saved the delivery fees. After all, it's not delivery, it's DioGiorno Giovana!
MUDA MUDA MUDA MUDA MUDA!
@@tozu777 they have done that before lmao 🤣 since it’s Walmart they just store use 7-8 disorno pizzas so they still don’t have to use any of there own money
@@Christian2k02 exactly, they already paid for those pizzas anyway. Just delay a few in house baked goods and there you go! They can throw pizza parties or do an in store knock off of Lil Caesars.
How the fuck do get injured working at Wal-Mart?
@@banhammer3904 have you seen all the products that require multiple people to stock? A friend of my brother nearly broke her arm trying to place a bike back on its rack 2 meters off the ground. The guy that was supposed to help her dipped because he was bored.
i remember working at an industrial slaughterhouse
isntead of having shifts we just worked until all todays orders are fulfilled
Most of the time we worked 7 to 9 hours, it was pretty nice
More migrants started showing up and it felt nice to have extra help so we dont work extra hours
Eventually last 2 months we starting working less and less until eventually we only had to work for 3-4 hours to finish all orders
Needless to say i didnt have a job soon later they fired everyone who is a citizen and only left migrants.
This is what is really going on. There is a mass influx of Indians working jobs for pennies on the dollar. Go look at DFW, its turning into little India.
difficult to believe, but not entirely. Mad world we live in.
@@krisamagus1 I am from Poland and it happened almost 2 years ago. I worked in distribution dpt of a industrial poultry slaughterhouse, got plenty of pics on my phone from there and still got my employee card in my wallet as a souvenir. Our job was to prepare pallets ready for loading into semis for orders. Our shift ended as soon as all the Semis were filled and cleaned up the hall. We occasionally had migrants from other departments come to our department to help with stuff like portioning organs or Freezer duty if we were short staffed or extra work had to be done, i think there were more migrants working here than Poles and they said they worked for less than minimum wage, most didnt speak neither polish or english, typically russian or ukrainian, i know there is a lot of them because on Christmas we would give out a free chicken to all employees and i was the one to have them sign the list and give them the bag. At some point we started getting smaller/less orders so we would finish all work in 2-3 hours(most of the work was already finished by morning shift and i was in afternoon shift) and then wait for all the semis to be loaded and typically go home after just 5 hours, we were still paid for full 8 hours.
One day i got called into the office and got told they had to reduce staff since there isnt enough work for all of us, stayed only till the end of the month and that was the end of it.
Lotta maintenance jobs in Las Vegas going the same route. Very bad city to be a maintenance technician, unless you can get hired by casino.. never seen such low wages and difficulty finding work.
Fellow Illinois resident I see
The tech women that showed vids of their day were there for three reasons, 1. To make those dumb vids. 2. To inflate the new jobs created numbers. 3. DEI statistics.
Just b/c Larry Fink has had to walk back "We have to force behaviors", ESG/DEI, and "markets love authoritarian regimes", DOES NOT MEAN that he's actually abandoned those goals... He and his WEF cronies have simply gone covert.
He DJT's friend, it ALL a big show..
From DEI to Bridge, same goals and same methods. They thought it was done and they could go all out, but no.
Daily reminder generative AI is just a script. We still don't have AI.
They are just LLMs
AI is an umbrella term
If we can call a human who plays chess “intelligent” then I say we can also call a computer playing chess “intelligent”.
I think you’re mostly concerned with “is this robot *sentient?*”
@@Dailyfiver I would have to respectfully disagree on that as a Computer playing chess is programmed to play with perfect chess strategies. I state this as Chess in principle can be solved.
Umbrella term
Got to say as someone who is one semester away from a CS degree, not feeling too great lol. It doesn't help when all your professors feel the need to tell their students "Yeah, the job market really sucks right now. Good luck, it's tough out there right now."
if you're under 40 you can start over, e z
If video essays on UA-cam are enough to stop you from programming you’re already cooked.
got to say as someone who is 12 days away from beginning college for engineering (currently undecided since the first semester is all gen classes anyways) but I was leaning towards software engineering, im nervous. Does this same thing apply to SE? in terms of job market?
And that's why you don't go college because not every job is guaranteed
@@alejandrocortes3341 do electrical engineering or computer engineering
Having a job in big company is not a trend anymore. The trend now is Remote Job where you can do your job anywhere you want. No one wanted to show up in company building everyday and looking at the clock on the wall after it reached 12 PM wishing for it to magically hit 5 PM or the go'home time.
Everyone dream job is having Remote Job where you can doing it in anywhere you want, without thinking about what to wear, how to go there, how much the cost, etc.
That's not absolutely true, a lot of people need a few days in the office to socialize, and some were very sad during the Covid lockdown.
A good working environment can be nice.
I think it is also mostly you can work in a lower cost of living state or country where you are paid lesser nominally, but the value of your money is the same or higher in that state or country (for example Thailand). You get to keep your high lifestyle without killing yourself in your job dealing with bullshit high class golden spoon management who don't give a shit about you other than their status and their wealth.
I heard companies used remote work as a way to see who they should fire and who they shouldn't. At some packaging company they told people they could work at home or they could work in their office. The people who stayed home got laid off.
@@douhwufwef5207 Some companies have a rule where you are forced to turn on your webcam all day long so they can check if you are working or not.
That's rly fucked up because you never know if someone is watching you or not.
@@douhwufwef5207 Some companies also have a rule that forces you to turn on webcam all day long.
That's really messed up because at least in the office if someone stares at you you know it, but with webcam you never know who is watching you and when.
Got laid off from a real estate “startup” (5k employees) as a software engineer in that giant wave in 2023, I’m working for a much more laxed and stable company and even amid this years layoffs I feel
Extremely secure in my job compared to last year, moral is fuck these big “family culture” companies
If you ever hear a manager somewhere say anything along the lines of "we're like a family here"... run. They are going to try working you like a dog.
@@mmorris2830get back to work
Nobody ever gave a shit about the perks in the office. We had xbox's to play in our office, but nobody would dare get caught on it because it's playing while on the job.
Our boss installed an arcade machine with 5 bagillion games, I saw no one playing it other than a random truck driver, who was picking up a delivery.
Im a welder and so many guys are applying to my shop because a huge plow manufacturer in the area is now closing during some months because they havnt had enough sales. The winters have been too mild.
Im giving his video a like because he called out the ignorant microphone users and he uses a shotgun mic off screen like you're supposed to. Love this man.
At what part was that?
If you watch Tom Nicholas's video on the topic, you might actually learn something rather than being reactionary.
@@LunaLeaves? WTF are you talking about? Who is Tom Nicholas and what does that have to do with my comment?
@@bat__bat What??? You don't know the famous Tom Niclasossa. He's huge in the microphone scene.
@@bat__batIt's a bot comment
For anyone who has brains and self-respect big tech hasn't been a place to work for years now. Brutal interviewing, exhausting crunches, pretty much a wage slavery and making a sacrifice for a big check. There's a reason the average employment time is 2 years in these places.
There's much better places elsewhere.
Seriously my whole life I heard it makes great money and it's the future. Little did everyone know AI was going to happen and take er jerbs
@@djsusan00 lol nice south park reference
@@AlexiosLair it's slavery for a group that has a plan for world domination
No one nose everyone involved unfortunately
Where are the better places elsewhere for similar skillsets?
@@alejandrocortes3341 I mean am I wrong my dude? 😔 all jokes aside it's heartbreaking
DEI doesn't work for companies but it also does NOT help minorities or society as a whole. Nothing good comes from dividing people by skin color and removing merit based hiring. DEI also infers that minorities aren't capable of getting ahead on their own skills. It's incredibly racist and sexist and pits society against eachother based upon race or gender or whatever 'identity' is on top at that time.
If I have to cross a bridge, I don't care about the color or gender of the people who designed or built it. I care about their skill level and if the dang bridge is going to stay standing when I cross.
Exactly. DEI doesn't stand for "Diversity, Equity, Inclusion", it stands for "Divide Et Impera".
DEI stands for Didn't Earn It. 👍 @@filidhdeklend893
Funny you mention bridges.
DEI only temporarily helps. when it comes to progressive ideals most of it is temporarily and relies on EVERYONE having the same mindset. otherwise it all just crumbles apart when the cracks show. Like with DEI, once the higher ups see how the public reacts and how the flow of money is impacted they won't look back and change things up. Now the minorities who rely on DEI slowly lose their upper hand and what time could've been invested in actually helping them was wasted into DEI
@filidhdeklend893 I had to look it up, but you're spot on.
"Divide et Impera: A Latin phrase that translates to "divide and conquer". In politics and sociology, it's a strategy for gaining and maintaining power by exploiting or creating divisions within a political group. The goal is to split the opposition so it can't threaten power."
“The subway’s really scary because there’s a bunch of lower class people who don’t work in tech”
when I go to my office, it's just empty spaces like the one you see in liminal space videos, most people prefer to work from home. Most don't even want to spend hours in commute and waste their money, when that money could be saved and invested in ETFs or mutual funds.
I've worked in a google building before window cleaning and the office is like a play ground. They had mini golf and 5 foot basketball hoop on the balcony. Super comfy chairs everywhere
Washing windows how ever many stories up. Is way more condemnable then blowing off steam at the work play ground with your work mates. (Cringe)
I'm genuinely afraid of heights so thanks for taking care of that for us lmao.
@@mitchellterry4961 yea I am a high rise window cleaner I clean skyscrapers.
We had swing sets and sensory deprivation pods in our Google office before we trained the Indians who took our jobs.
If you mean their office chairs at their desk - that's them actually being responsible as good chairs will save them money in health insurance/healthcare expenses. Everything else is complete luxury. I work at a tech company in the Midwest. People always thought we were weird for only making the buildings "fun" through (locally made) art - but it's looking pretty responsible now in comparison.
@@blazewardog nope I didn't mean the office chairs I was talking about the sitting areas and balcony.
Guy looks like VSauce after 3 year on crack and 1 year of recovery.
Dude works/ specialized in economy, that tells enough
why is this so accurate lol
Vsauce already looks like he's always been on crack and never recovered
🤣🤣
The one year recovery was a nice touch imo
Essentially alot of these luxury positions that didnt contribute to the products are being cut, which is common sense.
not true. Where's the proof on that?
Correct
I love how this guy finishes literally every sentence with a really massive upward infliction on his voice pitch. Chefs kiss
As a senior dev, I can say that I've never been more busy. It's true, that many programmers were laid off, but almost all of them were junior positions. The burn out is increasing among seniors and I believe companies will need to start hiring juniors soon. The current situation is just not sustainable.
22:44 - of course they cared about DEI. The government(s) gave them huge incentives to have these programs, reach a certain ratio or level of DEI's holding manager and/or executive positions and so on. Like Asmon said, they never did care about the minorities. But they did care about those incentives. Money talks louder than anything else.
Number 15, Big Tech Foot Lettuce.
🗣️🗣️🗣️🗣️
The layoffs don’t include the people who quit due to constant harassment so the companies can avoid unemployment.
Wdym the company avoids unemployment?
@@Evangelionism You don't get unemployment if you quit.
@@Kalbuir66I'm still confused by op's comment
@@Kalbuir66
“You don’t get unemployment if you quit”………
Just phrased it wrong. If the company has to let you go, they pay for severance. If you quit on your own terms, they don't have to compensate for that.
Corporate will tell management to put the pressure on those who are undesirable, so that those people will feel like they should quit and move elsewhere.
Not every company has severance pay though, but I'd guess that all the big tech companies absolutely have it as an extra incentive to work for them.
Tech companies are having massive layoffs, but everybody thinks, for some reason, that this means that they are laying off thousands of engineers.
Now I'm imagine a tech company where literally every employee is an engineer, even the cleaning lady or HR
I like how the video is called "Tech doesn't want you" showing layoffs, and the sponsor is how you can learn skills to get into tech lol.
Ahh SF one of the places on earth that you can hear people screaming "DOES ANYBODY HAVE NARCAN" while having brunch outdoors.
Holy shit. Might be the funniest thing I've read in a minute.
😂😂😂😂
"DOES ANYBODY HAVE NARCAN" "ALSO WATCH OUT I POOPED OVER THERE"
In my industry we have a big annual investment conference in SF & it’s gotten to the point where barely any of us will go. As New Yorkers we find SF terrifying 😂
From talking to people I know in big tech, its a ton of really highly intelligent workers run by a cascading heirarchy of moronic middle managers who all over promise, overwork their teams with no regard or care for reality. I hope they fired them all and promoted from the actual talent pool. Its was an unbelievablly inefficient business model with no accountability.
I seriously doubt the workers are actually intelligent. 199 of every 200 programmers can't even program. FizzBuzz.
From now on, we´re going to stop overworking people. By watching frequently released videos about Mandela Effects, you find all the information you need to organize your sleep time, your daily routine, what you eat, how you travel, etc.
the failing upwards theory is still alive and well
Middle management society and it's consequences
@@bisky-z3s not for long, AI can do most of their job and if it makes the corporation more money, it will be implemented
Next year - "Big tech hiring thousands of workers after AI development disaster"
Just like last year was the year of serverless, now VC's realizing they are getting rinsed in cloud costs
Tell that to my boss, I migrated everything to cloud so we can pay hundreds of thousands a month and now when it doesn't work AWS spends a week "investigating" before linking us some irrelevant documentation with no solution.
@@Ohnonono123 Moving to cloud is going to be one of the biggest and most expensive disaster we've ever seen. This AI nonsense is just a smoke screen to hide the failures for a couple more years.
100% this.
I told my entire office that cloud was a waste of time, but people are so stupid
Oh ... AWS is having an issue so our services are impacted. Can me mitigate it? No...
Industrial trades have always had big hire and fire cycles in between projects so for trades that kind of situation is normal but with the confidence there will be a new project around the corner. If you get fired forever instead of a temp layoff that’s bad news!
I work in tech and that’s right, they add these amenities so people will work more and stay in office longer. I worked at a place that had a chef (free food), a masseuse, a beer keg, arcade, pc lan party room, & a nap room. I lived a few cities away, so I slept there often & would stay at work for a few days at a time.
This dude has this complete MISS.
The reason there was a hiring boom in the U.S. during COVID had EVERYTHING to do with how the government distributed the newly minted money. Where countries around the world gave money directly to the people, the U.S. gave extra money to companies so long as they didn't lay people off. This led to it being MORE profitable to hire people to do nothing, at least for the time.
Also these companies' wallets got fat during COVID as people were forced to stay home and do all their work/shopping/entertainment etc online. The big tech companies saw a lot of growth during those couple years
hmmm interesting insight
What do you mean? Wasn't a mere $1,200 check enough for the entire year? 💀
Oh man but they super pinky promised AI wouldn’t eliminate jobs
lol its not... Don't mistake corporate greed and incomming recession for AI taking over.
AI isnt eliminating anyone. The bubble is popping now.
@@nowayjosedanielSure, buddy. Also cars would be replaced with horses again.
@@ZOMBIEo07 OpenAI is close to bankruptcy, investors are barely seeing a ROI in AI etc.
At most it will be a small tool for boilerplate, but as of right now it's not even that. Maybe next breakthrough will do something; but not in it's current state and with current LLM's.
@@pictureus People litterally said the same about cars. Hell even i myself thought that first smartphones were just a short lived trend when they came out.
Thats just life and instead of coping people who are affected should better learn new skills that would be useful in the future instead.
Also the IT bubble would burst with or without AI anyway, lets not act like its a surprise to anyone if you paid attention critically.
The problems with 'perks' at work is that you can't ever actually relax or let down your guard at all in a corporate environment because ya could be fired at any second for accidentally saying something true, or accurately identifying somebody with common terms that hr doesnt like..,.
Team building))... I would prefer remote job with job-only minimal interaction. We need to have the job done, not to be friends.
I swear half of these laid off tech people have become scammers.
Before people complained... "offices are dull and eats your soul".
Now they complain... "offices are made into fun places to keep us working there".
Make up your mind already.
A certain group of people doesn't want people hired at their companies because they want AI to do a job and not push back at all
It's going to backfire in their faces in the most unprecedented ways
Already is, Black monday is just the beginning for these companies
I'm going to school for computer science. Is this facts or cap?
@@carter5377nothing cap about it. I get you college students don’t want to read, see, or hear about the doomerism market but college was never about “go get educated and employment surely follows thereafter.” Only the former half is true, the latter is just a recent gatekeeping method in the last half a century or so.
The more parents shoehorn their kids to go through college, the more the market simply becomes saturated with degrees such that they’re the new baseline with a surplus of competition among people.
@@carter5377 I don't think you understand what "certain group" I'm referring to. They don't want anything on these big platforms that pushes back on them, henceforth why they want to hire AI. Now I don't know about any college or whatever maybe you would be able to program the AI. It's just that I wouldn't want to program for people that censor any criticism of a certain group as "anti-semitic"
@@sanc3375 the people involved in crashing markets and pushing political candidates is who I'm talking about, and how it will backfire is a national movement against this group which makes up only 0.2% of the population, yet controls the Western world
I paid more attention to this dudes eyes, he never blinks.
Bro, literally blinks within the first minute of the video xD
GOATs don't blink.
I just read this around 37:21 and there was a long blink
There is always a job for good workers in tech. The problem is that HR and Management lays off good people and keeps tards because they look at more than the skill set. Which is dumb, that is like hiring a race car driver, or a surgeon to work on you because they are a good cultural fit.
Management is completely unable to tell a good employee from a shitty one. Change my mind.
Being politically correct is win bro!
Good morning josh,
Realizing reality is not harsh but you have to adapt.
Nowadays the most important skill is being social and especially in Tech companies.
@@callmeshen9754 This is sadly true. I am lucky I am not just a head down programmer and I fill many roles on a project both tech and business oriented, and leadership / project management though I hate that. But engineers that think they can just sit back and only write perfect code arn't in demand. We need beige station wagons. Not lambos and dumptrucks.
Yup the DEI hire stayed a year longer than me even though i had mastered the job in a month. Meanwhile she was still struggling through the most basic tasks after 5 months.
12:58 - OMG, the guy coming back on screen and he's literally holding his entire mic arm stand up to his face ... and Asmon just talking like he totally doesn't see it. 🤣
I know a guy who works for intel and said since 2021 the buildings have gradually been losing people and are now roughly 80% emptier. They're allocating resources in their foundry projects but only time will tell if they're successful. Its like a ghost town inside there every day. This is at the AZ site.
None of those women working in HR was were working longer hours😂😂😂😂
What
Nor should they. Working longer hours than you're paid for is a symptom of a slavery based system and a slave mindset.
@@beefchampion2792 Then they can enjoy being free without a job. They should learn how to code.
@@beefchampion2792 These people make the most general anti-worker statements just because they don't like their perception of a person
Least incel comment in the fanbase
The Elon Musk effect he proved on X Twitter, that you don't need like the majority of the employees .
I am once again super happy I decided to become a welder
Hell yeah. I’m a construction grunt and it’s so satisfying to see your progress at the end of the day. Never going back to an office job.
Mechanic here. Same.
When I was in high school, college was pushed on us so hard. It's like they didn't even consider trade school or specialty programs options for anyone who wasn't at least a C average student.
Now that I'm a teacher, I tell all my advisees that if they enjoy working with their hands, find a trade. If not suited for a trade, then get work experience at any entry level job in the field they want to get into. GPA, experts assuring us what the "booming" industries will (maybe) be in five years, colleges claiming to have great financial aid programs for low income applicants, etc etc - it's all bullshit. We have a local welding program we enroll dozens of kids into to every year at no cost to them.
happy being a welder... okay lol. definitely depends on where you're welding. unless you're sitting in some workshop welding on a table all day, your body won't be happy even if you follow all the rules
@@vulgaritar48 if I had to do it all over I would have got my GED at 17 dropped out went to welding school tried to graduate before I turned 18 or not long after and went to work while all my friends were still getting through their senior year. Welding schools except 17 year olds with a ged. I probably could have got a job with my dad and the oil refineries and had tens of thousands of dollars in a bank account before my classmates were going to their first semester of college. Oh well live and learn
i'm a doctor at a hospital that gets seasons, aka oldies come down for winter etc. During the fall time we stock up on extra hands in the hospital and during the spring we start going back to "Core" workforce. last month 220 people that ranged from just social workers to nurses to janitors etc were let go.
I had a professor that worked at Google and he told us he was paid an amazing salary but you get overworked so much that it's not worth it (why they have a high turnover rate). And yes, all the "perks" at work are meant to keep you on their campus. As a software engineer now, I avoid large companies and start-ups. The medium to small size companies seem to be more stable and still pay very well.
Uh-oh - tech's put itself into a feedback loop that will result in a critical error. Someone divided by zero.
Osrs grand exchange taught me more about economics and stocks than anything i did in college
The losers who posted all the videos of their opulent work life's are the first people to get slashed in these layoffs and they exclaim how unfair it is that they had barely any notice lol , bruh did you even work ? 😭🤣
I've been in tech a long time and most of the benefits have been garbage. I don't care about free pop or foosball tables. I want a pension and training and better insurance coverage
This happened 250 years ago. Called the Luddites.
Useless Eaters: Drug Them, Give Them Computer Games, Let Them Eat Bugs
Bread & Circuses
They've been doing this since ancient times.
@@Reffie2 Can we go back to more deadly circuses please?
The thing is, that could work. Instead they let us starve and offer us MAID.
Good. These are the same people that said "learn to code" to blue collar folks in the rust belt when they lost their jobs. Turns out being a plumber now makes more than them and can't easily be replaced by AI. hahaha
It's petty easy to do plumbing by yourself. I've never had to call a plumber once.
programmers/developers never said this. It was journalists in news articles that threw the term around in their headlines
Same with artists till they got replaced by AI. Who is expendable now?
The majority of tech bros on life support with cope respirators
Bro, i just wanted to write the same. I have no sympathy for them at all.
I remember when all the office workers laughed at the people who seemed to lose their manual jobs in late 2000s and called them idiots for choosing the profession.
22:44 Sorry but here you're actually wrong, the team wasn't exactly "dismantle", they just changed the positions of the people working in the DEI initiatives to different areas of the company, they aren't getting rid of DEI, they are just getting rid of the term so that way they get less attention of what they're doing
Yeah cause people like Asmon will eat it uo cause it's just they want to hear.
In some states they will get sued...in other states this will fly....
Wrong
"HR departments think they are necessary" is so true lol. Nothing good ever comes from having an HR department
For anybody reading this, that "the subway is really scary" is a video made by Kelly Stamps and is 100% a satire video about tech people. It's funny and only about 5 mins long.
Thanks for confirming it’s a meme.
I love how people clown on food delivery drivers, but AI and robots will not be replacing it anytime soon. There's too many problems you encounter from, houses with no.numbers, hidden walkways, roads not mapped through gps or completely wrong. Them there is navigating apartments with zero indications of where to go. Businesses not giving everything the customer ordered that tou have to correct them on. I could go on for days.
For everyone that isn’t in this field. Yes Ai is taking jobs but not nearly to the effect that ppl make it out to be. Jobs are getting cut mostly due to the over hiring that happened during covid. The only jobs Ai is going to take in the tech field are entry level programmers and web developers. The market is still a good place to be but the guys that make simple calculators and websites and then get 6 figure jobs. Yeah those days are over.
It i isn't it will
@@lohroc1014 what?lol
Wait until big tech discovers that AI cant actually do the job of programmers XD
Which i find ironic, those are the same pushing it
Demand for programmers will go even higher? xD
could you expand more on this since all I hear nowadays is that AI is going to take over programmers job.
@@Jutto27 simply put, AI can only effectively generate small bits on codes e.g 5~10 lines, but to ensure that it "fit" and works in the context of your business, you still need an experienced dev to confirm and edit that small bit of code so it fits into the codebase (millions on lines of code)
@@123hunterHUNTER ty
13:00 - I love the subtle escalation. So relatable.
32:16 - Its that scene from A Boy and His Dog in Topeka
Yeah I’m a plumber and works on the bathrooms at bayer hq and they had whole floors with funky chairs and nap rooms and crazy fancy kitchens. Crazy stuff from my opinion. Work is work. Play is play. Idk doesn’t seem like a sustainable model lol
Can u imagine that 80% percent of the tech workforce would be laid off, ans then create enormous amount of competition for the big companies
No because that didnt happen. There is reason edison made money and tesla didnt.
thats what regulations are for. to stop that from happening. Also venture capital has been at near historic lows since the 2008 financial crisis (that we never recovered from no matter what the news says). The Coof business injektionz were borrowed by inflating the money. Bonds are crashing because of it to this day, which is a prelude to the big cleanout that's happening now.
ex-employees need low interest rates to do that
2:45 you can't get away with that unless you're the CEO
I commented on so many of those day in the life videos that it was going to be them cut first. I regret absolutely nothing 😂
The mic stand/stick joke was amazing. Love Patrick’s deadpan delivery.
They're not removing jobs for AI. They're just shipping the tech jobs overseas to places like India.
To be honest, living at a Google job sounds more glamorous than living in Asmon's house 😂
Living in a clean cardboard box sounds more glamorous than living in Asmond's house.
To be fair nobody lives there besides asmon
As someone in tech who actually does programming for my work's core products, I can say that people who know how to code and are actually doing work for their companies needn't worry about their jobs. The type of tech jobs that are being cut are from the people who see tech as a lifestyle or whatever.
That's not true at all. If consumers cut back, like they are now, your company will fire you to cut costs and tighten their belts. Don't delude yourself into thinking you matter because you can code well. That's how you get blindsided.
@@squid84202 The closest I was "fired" was being furloughed during the start of covid lockdowns, but my company continued to pay my health insurance, and then I was back when they secured their PPP loans.
It's not just that I can code, it's that I actually code for my company as well. That's the difference. A lot of these tech workers didn't do shit. My company also never bought into DEI initiatives (they're actually kinda based and would make Reddit/Twitter seethe with the type of humor they have) so they don't have fat that needs to be trimmed.
@@DeadFishFactory Company name? I need a job there right now.
I would ease up on the ego because even talented developers get dropped. Perhaps your hubris comes from being surrounded by amateurs
@@es_is_fresh06 No ego here. I am not a diversity hire, did not get hired during the pandemic hiring rush, and I am involved in the core products completely integral to the company's business offerings. If I do get fired, it'd have to be for some kind of gross negligence or the company completely folds.
My job is not to send an email or two once per day and then go do yoga or whatever for the rest of the day like these tech workers getting fired are doing. You have to remember that these corporations overhired for the pandemic, and the layoffs and firings you are seeing still only represent a fraction of these overhires. Expect way more layoffs to come.
Every single time they try to fix something they create an even bigger problem
I 100% stand by google firing that woman, spouting nonsense EVERY TIME she got the stage, before the actual presentation she was tasked.
Tech is a highly volatile field, for such a backbone industry of the modern world. You're expected to constantly learn, adapt your skillset to every new trend or technology, and an innovation or trend chase can make what you do obsolete overnight. It sucks for first-timers, but we're in a field that progresses and changes extraordinarily fast, and setting your feet is risking having the rug come out from under you.
With google getting hit with being a monopoly it seems like you can only grow so much in tech before you start getting looked at weird.
Not only in tech. Monopolies are bad for consumers and that's why they're illegal.
surely big tech need people to buy their products,so they need us more than we need them.
You are literally using it for free currently they already have everything they need ;)
they can sell to governments
Not anymore.
Welcome to the final phase.
you are the product
i mean nvidia hasn't cared about selling their products to people for a while now, just ai companies
I'm working in a somewhat biggish tech company and our chef just asked us what tasks we currently do could be automated with AI.
That's like asking to shoot yourself lol
I seen this coming around 2010, there were way too many kids getting into tech jobs, it was inevitable it would hit a wall at some point. Glad I bounced and got into a different field. I'm thriving while all my friends who stayed in tech are borderline broke and having to jump to new companies every year or two.
13:08 had me rolling when he was holding the whole mic arm.
My man Patrick Boyle!
people forget how awful twitter was prior to elon youd get banned for anything and everything ontop of the bot issue everyone seems to have forgotten about
That's a lie. You just couldn't be outright racist etc, and in most cases you still could.
@@thecupofbrew7955 Calling a dude in a dress a dude was enough to get banned, my dude.
@@Just_some_guy_1 Sounds like bullshit when people were posting literal cp and murder
@@thecupofbrew7955 Because Twitter was working under an extreme political bias not any actual sense of morality.
@@thecupofbrew7955 not a lie, twitter would ban you for saying anything not mainstream.
You can't have infinite growth without exponentially more intelligent population. Without a robust education system, or a populace capable of grasping more advanced concepts, you don't have the workforce capable of nurturing growth in the tech industry. The way investments work these days are based on a 20th century infinite growth expectation that is extremely unrealistic, even with advancements in the form of AI and real-time raytracing GPUs, because we simply don't have a populace that can leverage tech for returns.
I work with autonomous driving robots, recently finished a project with a fleet of about 100+ robots. They move around heavy containers in a factory and it replaces jobs like forklift drivers and other drivers. We don't even use AI. It will only get crazier.
I was in tech during these years and the money was crazy. People didn’t even check credentials they just hired anyone who applied. I made a ton of money from it but it dried up so quickly it was shocking!
I ended up switching careers and became a trucker as a means to survive. The tech industry is a barren wasteland.
The games industry is beyond hyper saturated and almost impossible to earn from.
Its simple. The tech industry has been riding off the backs of venture capital for years now, and when covid hit, that capital supercharged the industry. The tech industry then decided to do tons of extra projects and hire new employees while almost none were thinking about the long term and what will happen when covid ends. Now, with the economy not in good shape, the pandemic is over, and more people are outside and back to work, thry have little to justify that capital and now have to cut costs.
I think Asmon misunderstood what being replace by AI means here. Basically, these companies reallocate their budget to AI. So it's not like these people's work are being replaced by AI. Maybe some customer service are replaced by AI, but I assume that's not the majority of these people.
AI is still very far away from replacing software engineers. Even if anyone can prompt AI to write program, they don't have any knowledge if those program is correct or not, or if there are unhandled edge cases. Regular non tech people, don't understand how much time a software engineer actually spend analyzing the requirements and not actually write the codes. The people who come up with the requirements most of the time have no idea the heavy lifting that's being done by the software engineer for filling the holes in the requirements. AI, which has no context of how the real world works, is still very very far away, if ever, from being able to do this.
The other issue with AI is accountability. Assume you have a house that was built by AI. You asked the AI's provider, "is this house safe?". If they're being honest, their answer should be "We have no idea.". Would you want to deal with that?
Because tech work was seen as a luxurious job, a lot of people forced themselves to learn coding. The reality is, this job is not for everyone, and good software engineers are always hard to come by even now.
Majority of companies been using A.I for years now it's not new they are just marketing it as A.I now that we can use since they already been using it
It feels that to a lot of companies "wework" happened, where tons of people were simply doing nothing, launch brakes, parties, mindless scrolling and social media binge, "fake" events with fake progress and etc. no actual work done, nor valuable experience made or gained either by the workers.
A big attitude in tech before was to hoard talent from their competitors. They were well aware they were heavily overstaffed. Elon flooding the market with highly experienced skilled tech workers not only showed the other companies they aren’t needed, but also dumped a ton of skilled workers into the market. That means the employee hoarding didn’t make as much sense any more.