Preparing for Tech Layoffs in 2024! H1B & Software Dev..
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- Опубліковано 27 вер 2024
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its always funny to hear how these companies boast record profits year after year paying massive bonuses for ceos and other executives and then they turn around and say "inflation is killing our business so we will cut your jobs to later offer them to new employees at much lower salaries to avoid paying anyone more". the amount of people i personally know affected who thought their job security was solid even after good performance reviews who had just made a new purchase of a car or home now have to hope that another company will take them on to avoid the banks from taking their loans out from under them.
means private toh private hi hai top positions par banne raho .warna majdoor ko kon puche
@@uvnok toh tu kya krta h bhai?
bol toh aise rha h jaise crores ho tere paas
I'm regretting taking Data science, as DS education market has only boosted , not the job market
Bro how is the opportunities for data analyst /science jobs
@@udaykp3624 very rare
@@udaykp3624Too many people were brought on so they will be layoff. DS is primed for mass layoff with AI.
@@udaykp3624jobs are very less
About to graduate in 3 months😢... I can't even imagine "sadak se utha liya"
Same
Same bro 😢
Same here bro
Same bro
Don't get too upset on such news. Layoffs have always happened and they'll always be back hiring soon after a point. You'll land up somewhere.
employment rate doesnt say anything... I can be fired from a FAANG company and work as a McDonald's chashier, the umemployment rate will remain same... since both are jobs.
900+ apps, studying in T15, 4 years experience, 0 interviews. American Dream is over. 😢
fr?? 900 app?
@@prathamjpatel7127applications
Without a doubt there is excess number of resources in technology areas in almost every company. I personally know at least in 3 to 4 large companies where significant percentage of software engineers/data engineers/middle management have not more 10 hrs. of work in a week.
not like that but being a FTE mean lots of meeting to attend , trainings and guiding and managing contractors.
Exactly. And many software engineers are incompetent too (speaking as a s/w engineer myself)
There is a huge difference between a programmer and software engineers. Those who are advanced degree holders know how to build software architecture and frameworks versus writing simple programs to do something. Optimised, scalable, fast software architecture is still game for software engineers.
STFU.........You know jackShit about how AI is giving a big bamboo stick in the hinds of the Software Engineers and Programmers
But at the end of the day industry experience teaches more than advanced degrees. I don’t totally agree with CBS on advanced degrees losing value but some truth to it for sure
@@SinghinUSA Yeah. Can't deny. I have seen 19 Year old super talented kids working in bleeding edge (on scalable OVP platforms) of kinds that designs and builds their own keyboards in spare time after being on special internship at firms. So, yes, there are avenues for certain type of talent to by-pass the degree. However, to weed out true talent - we still put people to grind and subject them to university process to really understand how much they know about the era of ChatGPT.
Apart from that being at uni does not only constitute on how much one knows. It is about camaraderie, experience ups and downs, pressures, building relationships with other students, learning how to team up, lead, solve problem in group and preserve sanity when pressure of managing people hits them. Those are defining intangible aspects that are important for humans to learn.
if the project is closed or new technology replaces the old one, all staff gets fired.
New young turks take the place of the old generation who worked for the last four, maybe five years.
now a days high school kids know coding in US. So undergradute and master degree holder getting same salary unless job desc required master.
Future of jobs will be in nursing, care givers , old age care centers, Psychology doctors
people from amazon , micros , meta are still searching job from last 5-8 months and most of them are director or manager.
Are you sure?
@@COMHHSBS yes last week i saw some post from my connection in amazon and meta. yesterday again Nike guys posting about layoffs. funny thing i'm see job posting by nike :) . not sure those are just fake company advertisement or they just firing old guys and hiring new one.
That data is not correct
mostly it taker 2-3 months to land a job
My friend also got laid off, landed job within 3 weeks.
Mental Stress till retirement ☠☠
A peon in government has a good life.
Yeah atleast their is a Mental Peace.@@r.m10234
@@r.m10234but he doesn't have a good salary ☠️
@@r.m10234Tu ban ja peon
@@erwinsmith5796what's use of salary when you don't have time for your self and family lol
Sw is not a good career option anymore...what hurts is the humongous amount of money we spend on upskilliing..
One day all jobs will done by AI except dairy sell milk and be happy
Sir i am 2023 CE graduate but i still unemploymed 😢 plz .....
Tf you want him to do?
its same happened to me in MICROSOFT, within month I got my offer letter,
Are you still in microsoft
It's happening because of a demand-supply imbalance. The same has happened in all other core industries.
tech is scary..i wish i did nursing
Yupp, I stopped applying for job now and I stated my barber career
In tech you have to study and acquire new skills all the time. If you do not do that, then you will not progress up the ladder. College degree is just the start. Then you need to get IT certifications or atleast IT courses that companies needs skills of.
Really bro?@@harrystone2985
@@tss4629 I have experience of 5 years in field. I am fed up with the way companies dealing with us and that’s why I am ready to begin something new completely and start over even though I was making six figures in IT
Bhailog I am enrolling for MBA, in tier1 college.
Kya lu ?
Marketing ya finance?
Lmao its not as easy as harnoor makes it sound. Trust me he himself found the job in 2021/22, he donot know the current market. Ask the actual grads on youtube who went to US, even the ones who went to ivy leagues are not able to find a single job after applying to more than 700 companies.
The software dream is gone, prepare in India and try to do well here, invest in some business because the field is way less rewarding and way more stressful than once it was.
Stagnant economy so companies are cutting costs.
Hargun companies ask for experience but till one fresh pass out gets a job how will experience be generated.
Golden age of tech is over.
As ai is near to replace or disrupt most tech worker the economy will continue to grow because the most of the economy participation is from physical work and not digital works
Toh fir kya kare
AI ke liye bhi software engineer hi lagenge just study market what's hot and upgrade skills accordingly @@sardarji162
Kya kare matlab kya, 😅 agar woh tumhe ai se replace kar sakte Hain toh tum bhi same kar sakte ho , start ur own , start grinding data and generate leads. Then convert them to profit. AI is here to help u like two sided sword😊
completely wrong thought. There will be even more jobs in future, wait for recession to be over.
you go and prepare for group D govt job that's what you're qualified for
not just SOFT ENGINEERS BUT PHARMA PPL AS WELL
I wasn't paying attention until you called my name
Indian software engineer's aren't even in the top 20 best SWEs in the world. Aur bajte h ki hum har jagah baithe h, vo population ka khel h bhai.
True, but bhai fati padi, company band hone wali hai meri😢
@@roadybadshah2297 India me layoffs ki jagah company hi ud jati. Unstable economy h bhot hamari.
@@CookerSinghJyadatar lala company me aisa hota hai.
mein 38 saal ka hu .. . bsc biotech kiya hain IT ka kuch nahi aata .. . matlab kuch bhi nahi aur sikhna ho nahi paata .. . 17 saal se jobless hu matlab aaj tak koi job nahi ki .. . baap k paiso pe aish kar raha hu ab woh bhi khatam ho gaye ab kuch job mil sakti hai kya front end back end kuch bhi chalega .. . company wale sikha denge kya bass english bolni aati hai aur kuch nahi aata matlab ki kuch bhi nahi .. . ekdum budhdhu hu 😢
UA-cam video is not bad for you, as a career but challenging
Thank GOD that I was born in 1960.
Day before yesterday, my LAYOFF was converted into ONE YEAR EARLY, RETIREMENT ( with both gratuity and pension benefits, intact).My MEDICAID and OAP will be ready within a few months. Ooooof....I have RUN MY TIME CLOCK, at right moment.
Walmart USA is currently hiring for positions such as Senior Manager of Operations, Design, and Strategy. All members of my Indian community residing in the USA who meet the desired qualifications should consider applying. Best of luck to everyone! (Date:20/03/2024)
Sounds like to me the economy is doing so great.
Cool!!
Very Nice Video Superb Great
US hype will over soon. Atleast slightly decrease.
Can US companies move there operations completely to china and india.... ?
@@anshumanjaiswal5787 Nope, not soon. Currently they in thinking phase only.
@@hdkloh6857 But One day it will happen...
Right...
Like many companies already moving to Texas...
Being graduated of BCA,MCA in 2023 was curse😢
That’s what a skilless game addict engineer says 😮
same 🥲🥲🥲🥲🥲
@@Skubidi-qy8hbwhen your all teammates are on bench.tab samajh me aayega.........and "skill" is the most hyped word I listen till now😂😂😂😂.People with no knowledge and having job giving advice to skilled jobless person😂😂😂.
please make video on mechanical engineering job oppurtunities
No jobs for you man
😂😂😂😂
tldr;
there are none
H1B has a cap of 80k/year. And it is a three year visa. So, at any given point, there would be 240k H1b visa holders. 30k of 240k is 12.5%. I will leave the discretion up to the viewers whether 12% is high or low. And from what he said, it was 30k for the year 2023. I am going to make an assumption that these 30k layoffs would take place mostly for freshers (cause companies most of the time want to cut dead weight, ie not spend money on training). That makes it 30k layoffs for 80k visas given out. Now the revised percentage would be 37.5%. Yikes....
yes layoffs happened mostly to freshers who were fresh grads or had 1-2 years of exp which is a big bummer because a lot of these guys will have to come back to India
@@abhisheksathe123 i know, i was laid off last year, have two and a half years of exp and im back in india..probably i have my personal biases towards the 'American Dream'...but im also seeing reports of illegal immigration and now i feel like a sucker for trying to actually go through with legal means.
@@deepmedsing9961 fr bro I was gonna go for masters in us for Fall22 term and I also got admits from 3 universities but cancelled at last moment due to family issue. Now ive applied again but to universities in Ireland since some of my family members live there. Tech Job market overall in the world is kinda volatile rn. And I also saw the videos and reports last month of us-mexico border where hundreds were entering illegally.
@@abhisheksathe123 unless u are going there to learn something new/niche or do some research, I would suggest not to go any Fiat currency based economy. Interest rates are not going to come down anytime soon, inflation is going to be high and cost of living is going to unbearable for immigrants. So if you are thinking that Ireland would be a safer option, think again. If u have some research in mind, look for scholarships (very hard to come by sponsored research scholarship programs these days)..but if u think masters and then 150k+/year salary would suffice think again…wait for UK elections next year… if Japan starts dumping US treasury bonds (very likely) followed by china…interest rates are going to go higher and layoffs even more frequent.
I am from the product side. I do UX/UI with 17+ years of experience. I am on the bench since Jan 2022. It’s hard to get an interview too. Same jobs getting reposted or you apply and within few hours you get rejected. The salary or hourly rate is down. UX/UI used to be and still counted as top skills but there are so many of them are currently are without a job.
Really scary and concerning scenario!!! May be the future jobs in Tech industry is not for people over 35 years of age.
But wishing you all the very best for your next job search.
Due to budget constraints the rejection was happening and rehire
sorry to hear that. try for contract jobs
So for 2 years, you could not find a UI/UX job ? Hard to believe
Bro 2023 aur abhi recent grads ka interview lo.. you will understand the reality.. new grads are worst hit
so now you are jobless and marketing for the job platform ?
*Biggest recession after 2008*
Dontvworry bros nothing will happend. Just making ppl fomo
APPLE CUPERTINO STARTED LAYOFFS😢
This guys fake his information very little
Agar Tumhara Layoff ho gaya to 😂😂
I am network professional and I think we are still looking for people.
He is all bullshit trying to hook some idiots to his youtube channel and going for secondary income. He should speak more realtime going to people who are loosing jobs and coning back home, not pick up some data and rattling, very soon he will relaise how pathetic the situation is once he looses job and come back home
Bro please tell when the recession and layoffs stop
It's not start yet
did you not see the video?@@BlockchainRealms
Brother Applying jobs Directly to manager great idea !!! Tnx.
Wonder how the payscales will change going forward!!
harnoor you are a very inspiring guy
Why are you putting Elon Musk's face next to the Software Engineers layoff clickbait
Are kare to kya kare
Make a video on jobs that will be in demand in in the future in USA
There won't be any demand
There won't ne any demand what demand still currently there will ne same demand in future @@jeevankikahaniya6339
There is lot more bro…you are looking at beginner prospectives
Looks like Microsoft has no work for this guy. He is doing time pass videos. What a waste.
Agar iska job chalta toh video kyu banata...uber chala Raha hoga 😂😂😂😂
Poore video me Daraa daroo ke last me bolta darne ki baat nahi hai😂
what if harnoor also got fired 😅 BTW Love u bro
Also, lot of Indian / Chinese American kids are 11:51 majoring in CS. They have very good communication skills and are biggest competitors in the market. They learn lot of computer courses in highschool .
Been nearly a month, and yet haven't found any opportunity either I'm Flutter or React with 1.5 years of exp 😢.
ye kya ho Raha kab tak sahi hoga jo aache developer hai kya unke job safe hai ai ane ke baad
Help me to get the job in it give me tips
arre kehna kya chatha hai?
Ki tu bekar hone wala hai..be prepared 😂
Software engineering is the best!!
Why US videos have become all about Tech industry and engineering career? Nowadays your videos are becoming about repetitive topics and boring 🫤
Please add some lifestyle vlogs and other interesting stuff like daily life, travelling. Honestly recent yt videos boring !
We are living in India and not in USA 🤣
Same in india is happening.
Paid content 🤦🏻♂️
Promo'SM
don't give me hope!
Sir can u pls do a video on how to do medical residency in Australia as an indian student
Learn to weld 😂
Haklaaa kaheeekaaa
Shall I go for MS in US or not then?
In the process, now in dilemma
Absolutely not..unless ready for hassle.. don't get fooled by existing people fake life..reality is hard
Do not come unless you have very good financial background. Market is seriously very hard right now.
Can you make a video for mechanical engineerings and its opportunity in US if possible
If i am not wrong, for mechanical engineers germany should be a very good option
Bro, even tech people have no job opportunities, try some other countries.
@@foxajmal588yeah, correctly said.
@@foxajmal588 I recently got admitted from University of Sydney for two branches of masters that is the MS in Project management and MS in Mechanical engineering so I have kept that option by deferring my Intake from Feb to July intake
I only wanna ask , have u got US citizenship and if not then how many years an Indian need to stay for green card
And are there any alternatives. Pls Singh bro I need the info. very important for me
130 years to get green card on h1
@@S1KrrSoCal what do you mean on h1 , are there any other option except getting engaged there
@@rajivsherwal6036 for indians due to the massive backlog, getting married is the only viable option...start dating too while you're studying hahaha
I want to raise a family i want to do programming even though i love coding, i will do gov job. The stress i dont want when i have family. Fyi i have a good job in tech.
Gov job requires traveling.
@@jojolopez177 so does any job, and I want to do RBI or it in RBI aur Central gov there transfer is only to Major cities
@@arjitsingh5989 yeah but a lot of people who do traveling usually go threw divorce or separate because of it … do your research
@@jojolopez177 ok bto
Bro btech cs vs bba mba
Thats why government jobs are best❤
If you have land or other sources of income, just quit and travel, these IT jobs will kill you everyday
U have interpreted the layoff reason more correct than most and most. Wave started around 2022 Sept. Not ending yet. Recent Cisco 4k layoff too me is understood as not AI reason.
sole motive of you making this video with fake nos was just to earn money through your sponsor and you perfectly advertised a trash useless company just for few thousand dollars. shame on you.
looking like harnoor also got fired 😂😂
lol😂
This guy is lying through his teeth -
When he says interview + job offer in 7 days - sounds like contracting
Can you stay in India a work there instead coming g here.
It bloody out there don’t take his word for it
The tech industry is not as lucrative as it was a few years back.
Right it is now become more risky
Then what industry is lucrative?
Then what to choose as career?
My husband works for PNC bank he got his visa but the issue is not getting on-site project in PNC ? Would you plz guide him ..
Have you ever thought ki ho sakta hai wo T ka matlab depth in one and breadth in general ho??
Yes, that is exactly what it means
Better to be an entrepreneur
When will you get laid off?
Oh Job layoffs 😊
No worries, who wants a Job 😁
Bhai har ek video se de motivate kar raha hain motivate nahiii.. ha thik hai joh hain woh bta rha hai lekin har ek video se aisa kyu
Views milte hai Babu miya😢
little bit of devops? devops consists of git,linux,ci/cd tools,docker,k8, IaaS tools.........etc etc. its an area in itself. have been an infra engineer for 10 years in places like AMD & MSFT. you cannot remember all the skills if you are not working in that. just watching online videos is not going to help. i still recommend strengthen your DS&Algo skills, read DDIA, get an understanding of ML & DL if you are interested in a ML position or MLOps position. nothing more is required for clearing an interview
for the algo
Too high salary is also a cause.
Sandak se utha lia 😂meanwhile graduates in 2023/24 waiting for an interview 💀
Sadak se Uthaya gya ta----Loved it
Hi Harnoor, can you tell about this topic specifically for CYBER SECURITY JOB ROLES
Jobs will come
They r sizing up the workforce.
Same like banks.. They cut interest rate one year and raise it next year
😂😂😂lol...
Can’t understand your English . Can you do other languages than English
Bhaiya pls make video for commerce student, last semester h pls kch suggest kro pls kya kru kha future bnau or kya skills sekhu
Russia ka Kripa 🤣🤣✌️✌️
How
Mad fellow. You are enjoying. You are getting money from UA-cam.
7.30 maal bechna shuru
REPORTS SAY 50% OF SOFTWARE ENGINEERING IS ALREADY BEING DONE BY AI...NEXT 5 YEARS IT CAN BE 80%...SO CODING WILL ATTRACT LESS MONEY