The sad state of the tech industry...

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Microsoft article

Inspo
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I've been in the tech industry for 10 years and I say this coming a while ago and prioritized saving for rainy times. Really, did people think that it was going to last forever? The tech job frenzy was not sustainable and the market is drying up.

enriquejaimes
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Keep working on yourself. Try to be in the best position for when things go good and bad. Things never stay the same for very long.

amex
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Yupe! IT and Tech jobs out here in California are paying 30%-50% less in 2024 than in 2021 and 2022, which really sucks!! Most of us can't find a job in IT-Tech that easily, anymore!

izamalcadosa
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You are correct its highly volatile; it makes me think I'm better off avoiding the mainstream and either look at maintain infrastructure code, current trending innovations (risc-V), or something completely foreign.

erickroeger
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Im guessing a lot of developers suddenly realized they are full stack. It's pretty stressful to be the one guy at the company.

Batboy_idiot
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It's about to get much worse with the apparent stock market crash :X

meow
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Concentrate on many specialist areas and you will be indispensable. For example, if you are a trained electrician and can program control systems, HMI, SCADA and robots, you can replace 9 SIEMENS employees.

deadeyea
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Demand for AI contractors has really dropped off in the last 6-12 months. And most of what is left of demand is for chatbots... 🙄

sheert
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>not good to be bombarded
>from a psychological standpoint
Honestly, still better than being bombarded in a literal sense like people in Ukraine. I feel like the whole world just going down the drain and tech industry is simply no exception

bionic_batman