Big tech job cuts, 70k jobs gone

Discussion in 'Wall St. News' started by KCalhoun, Feb 20, 2023.

  1. VicBee

    VicBee

    Yeah I heard somewhere that Google laid off a large number of masseuses...

    Elon Musk led the way (again) showing the great amount of excess labor is found in tech. Twitter still runs despite laying off 50% of the work force... It's pretty insane.
     
    #21     Feb 21, 2023
  2. 2rosy

    2rosy

    typical team makeup at a tech giant or enterprise:

    • product owner
    • product manager
    • scrum master
    • QA (2 people)
    • DEVs (4 people)
    • DevOps (1)
    some people are on multiple teams but really only a few people produce anything. My guess is the first 3 listed are the ones let go
     
    #22     Feb 21, 2023
    VicBee and M.W. like this.
  3. M.W.

    M.W.

    This is just one of millions of examples where corporations can just send in their hordes of lawyers and slash tax bills at the detriment of everyone else. When life even for the middle class becomes unbearable and a daily pain and worry then you know this to be the beginning of the end.

    As I repeated a million times, it's weak oversight, corruption, and lack of sufficient regulations. Pls explain how covid reduced property values by 50% as argued by USPS in the video. They falsely equated property valuations with office rents and leases. And got away with it, because of corrupt and/or incompetent oversight.

     
    #23     Feb 21, 2023
  4. TheDawn

    TheDawn

    Exactly as I expected. You are pushing this thread to the "Politics" section as you do with every single thread. LOL This thread is about the discussion of the impact of the job cuts seen in the IT sector.

    I feel "Juneteenth Day" is a waste of time off, period. You are the one who's putting "colour" into everything and even into a holiday and going off on a tangent about race or whatever, sowing seeds of discord. President's Day started off as Washington's Birthday but is now a day to celebrate the achievement of all Presidents, hence the name Presidents' Day and not Washington Day and we have had an African-American as the President and a good one actually imo so you don't think this day is celebrating his legacy and achievement just because he's black and not from the "elite"? Who is the racist one here? LOL
     
    #24     Feb 21, 2023
  5. M.W.

    M.W.

    You could start leading by example by not making everything about yourself.

     
    #25     Feb 21, 2023
    VicBee likes this.
  6. TheDawn

    TheDawn

    Nice try deflecting the argument. I still won and called @VicBee out. How about you lead by example by shutting up? :)
     
    #26     Feb 21, 2023
  7. M.W.

    M.W.

    Yes you won, you immature child.

     
    #27     Feb 21, 2023
  8. TheDawn

    TheDawn

    Thank you. :)
     
    #28     Feb 21, 2023
  9. Overnight

    Overnight

    Your statement is off-kilter. Presidents did not found this country...Some folks who helped found this country became President, would be more accurate.
     
    #29     Feb 21, 2023
    VicBee likes this.
  10. Childish and off-topic bickerings aside... I am one of those who "can produce" (aka dev/software+devops/platform or whatever you want to call it - I don't consider QA a role anymore, topic of another convo if you want), and I can tell you a GOOD, sane engineer or a couple of them can make up for a team of 5 or 6, depending on the scale of a system and/or its usage patterns. No need for any of that fluff.

    Heck, I run my trading system (not HFT, positions are held for days/weeks or even months) off a single EC2 instance in AWS for now and I even run the observability stack on it (no long-term metrics, I don't [have to] care).

    Appreciate HFs and big corps have diff requirements and may need more systems in place, I work and worked for them and boy the waste that's there.

    It's good for the people that can get a paycheck, but there's also a ton of waste, IMO.
     
    #30     Feb 21, 2023
    VicBee likes this.