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Big Tech Doesn't Want You Anymore 

Patrick Boyle
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Big Tech is slashing hundreds of thousands of jobs and blaming artificial intelligence, but there may be more to the story than that. Intel just announced fifteen thousand layoffs yesterday, causing their stock price to plunge. Big Tech, who for over a decade provided all sorts of employee perks may no longer be the dream place to work.
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16 сен 2024

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Комментарии : 4,9 тыс.   
@PBoyle
@PBoyle Месяц назад
To try everything Brilliant has to offer for free for a full 30 days, visit brilliant.org/patrick/. You’ll also get 20% off an annual premium subscription.
@solomonshv
@solomonshv Месяц назад
you keep bringing up intel in the video, but you don't seem to realize that they are an outlier. intel is facing multiple multi-billion class action lawsuits after KNOWINGLY selling defective garbage for years. their products are suffering failure rates in the 30%-50% range, depending on SKU. dell, HP, lenovo, supermicro, and even the god damn US government are now demanding for heads at intel to roll. intel is expecting this revelation to cost them $25 billion, if not more. they are cutting every cost imaginable to have enough cash on hard to handle recalls, replacements and lawsuits
@surters
@surters Месяц назад
Now people can't say you don't have some form of humour and a great mic!
@rawnukles
@rawnukles Месяц назад
I have no idea what you were saying while you were holding that big microphone. Something something... mic stand.
@joeschmuccatelli2167
@joeschmuccatelli2167 Месяц назад
AI will end up being another pile of tech manure. The fanaticism over it by those who don't know the difference between a kilocycle and a motorcycle reminds me of the interweb bubble in the late nineties. Once investors figured out that they were being fleeced, they sold out, locked in their losses and ran for the hills. History often repeats itself.
@wenzjayy
@wenzjayy Месяц назад
the Kelly Stamps video @2:06 was a satire, her channel is for comedy. She's not really in tech.
@computeraidedsoul8093
@computeraidedsoul8093 Месяц назад
I think the big reason why tech companies had so many onsite perks was because they didn't want you to leave ever. I interviewed with intel in Arizona (pre-covid), and they advertised a bunch of benefits like an onsite dentist, child care, laundry, etc. they also said that people regularly worked 16 hours days. If your employees don't have to leave the site to do chores and get healthcare, you can probably extract extra hours of work from your salaried engineers.
@ILoveTinfoilHats
@ILoveTinfoilHats Месяц назад
Good Engineers are expensive. 30K worth of childcare is nothing if it means an extra 20% more time from their workday.
@greenredblue
@greenredblue Месяц назад
This is exactly why. Fancy free food is (or whatever) is shockingly cheap if you buy enough for hundreds of people, and profit-per-employee-hour at many tech companies are some of the highest in the world. Also, unlike other industries like law firms or financial advice, most tech workers never meet a customer and they're most productive when alone, so the odd hours are just as valuable as business hours. So, yeah, it really just comes down to most tech companies wanting to keep their workers next to their computers as long as possible.
@swindel
@swindel Месяц назад
What is the benefit here? I have worked factory jobs where I was needed because someone had to turn up. At my desk job I have to be focused, on task, polite to collagues, etc, and I don't think it's possible to do this for 16 hours. After the first six hours people are just sitting around
@himanshusingh5214
@himanshusingh5214 Месяц назад
@@swindel IDK. Maybe they want to just ensure availability in case an emergency need ever arises.
@paganlark7037
@paganlark7037 Месяц назад
This is also why women are systematically less represented in tech in the upper management layers. By the time you are 40, most women have had children, and you just can't be gone from home for 10 - 16 hours a day when you have children. Someone has to be with them and actually raise them (nannies and childcare can't totally replace the need for parents). That burden disproportionally falls on the mothers--in my opinion not necessarily because of sexism always, but because there are biological reasons that babies and small kids want their mommies more than their dads. As a result tech/corporate jobs become hell for women who are desperately trying to keep up with men and childless employees who can work up to 16 hours a day when pulling a 10 hour day is already pushing it in terms of depriving their children of mom.
@7vezda
@7vezda Месяц назад
I've been working in tech for 20+ years and the best advice I can give to anyone just starting out who just wants to work to live and not live to work is that the best place to get a job is at a medium-sized company (300-600 employees) in a niche industry-- something where tech supports the business, not where it IS the business. Writing in-house software, integrating systems, customizing off-the-shelf software, etc. may not be as glamorous as Big Tech, but it pays almost as well, the work-life balance is way better, and, depending on the industry, you can get some pretty sweet perks.
@IdkMaybeShawn
@IdkMaybeShawn Месяц назад
Work life balance isn't always better in these companies, but I would say job security is a lot better in down economic times
@riordanbrown9557
@riordanbrown9557 Месяц назад
This is exactly what I do right now. One of two IT workers, me being a software dev and the other being sysadmin, in an oil industry company. I mostly automate data entry and help do warehouse software customization
@Sodoffshotgun
@Sodoffshotgun Месяц назад
Okay I know that, one, percent that you're talking about just about and I have begun cashing out before I go on any trips and I don't even own a credit card and also I'm not thrilled in the 2000s I got tricked into signing my name into an account on this app or website actually I don't want an online presence anymore. So yeah long story short, you're right.
@Sodoffshotgun
@Sodoffshotgun Месяц назад
Okay I double checked before I started writing and it literally just put the comment in the wrong section. Touche
@7vezda
@7vezda Месяц назад
@@IdkMaybeShawn Yes, that's true, the work-life balance can vary from company to company, but I still think it's a pretty safe statement to make that even the worst of these companies will be better than the best FAANG company in that regard. The reason FAANG pays so high is because they intend to work you to death. I don't have a single friend who's worked in FAANG (as an actual tech person) that wasn't a shell of a human being after, at most, 4 years.
@jsedge2473
@jsedge2473 Месяц назад
These places are offshoring. Theyll fire 15k people here and hire 30k Indians for 1/10th of what they were paying the 15k.
@Qefx
@Qefx Месяц назад
This is the way
@pkmkb007
@pkmkb007 Месяц назад
Capitalist economy, you can't compete with somebody who works 16 hours (only 8 hours paid) for $32 per hour with no health benefits or paid vacations or retirement benefits. These are international contract workers, who work in a different time zone.
@Meilk27
@Meilk27 Месяц назад
​@@pkmkb007I'm trying to understand your point. Only because this is literally what I do. 16 hour shifts 37 an hour
@Oulki
@Oulki Месяц назад
Bro, I work for a fortune 300 company in the SOC, ALL other IT departments are all Indians besides us and the Threat Vulnerability Management team lol.
@amitpadgaonkar8830
@amitpadgaonkar8830 Месяц назад
Not necessarily. Usually quality in India is pretty low, and I am saying this as an Indian
@m-ok-6379
@m-ok-6379 Месяц назад
I got laid off after 10 years of working for a company and found out they hired 2 developers in India and another in Argentina.
@rockwithyou2006
@rockwithyou2006 Месяц назад
never spend more than 4 years in a company
@kazakman7772
@kazakman7772 Месяц назад
And 10 years u been assuming you are a family lmfao ahahaaa
@adaeptzulander2928
@adaeptzulander2928 Месяц назад
And then the co found out the product they produce with such cheap labor is just that, cheap, unusable, and unmaintainable.
@mikesully110
@mikesully110 Месяц назад
When they phone you back in a year or two after realising the outsourced code doesn't work, don't go back unless they double your current salary
@crazyfurbabieslady
@crazyfurbabieslady Месяц назад
🤯
@jeffee1933
@jeffee1933 Месяц назад
I remember a few years ago when truckers were being laid off and tech people were saying they should learn how to code. Maybe tech layoffs should learn how to drive trucks. 😂
@walkingstick6655
@walkingstick6655 Месяц назад
Oh, that is good. But didn't the tech people create the software for auto-driving trucks? Ooops.
@jeffee1933
@jeffee1933 Месяц назад
@@walkingstick6655 you’re on RU-vid, may as well watch some real life videos on how that’s working out.
@regenwurm5584
@regenwurm5584 Месяц назад
nah learn to weld. There already are autonomous truck( being tested).
@jeffee1933
@jeffee1933 Месяц назад
@@regenwurm5584don’t robots already weld cars?
@goldbrick2563
@goldbrick2563 Месяц назад
@@walkingstick6655ha there are no autonomous driving big rigs...and guess what...there never will be.
@Artyomi
@Artyomi Месяц назад
Pat: “Tech jobs are declining, the market is over saturated with programmers” Ad: “Learn programming with Brilliant for skills in tech and STEM jobs”
@mexifry222
@mexifry222 Месяц назад
Lmao literally, wtf??
@stevengill1736
@stevengill1736 Месяц назад
I remember a few years ago they were telling kids, "just learn to code and you're set!" This country is falling apart - we need electricians, mechanics, welders and other workers to maintain the infrastructure among other things...
@HritikKumar-hn2py
@HritikKumar-hn2py Месяц назад
Haha, here’s a thought: Isn’t the tech market just a puppet dancing to the tune of the US dollar? Strip away the dollars, and what’s left-lines of code with no buyers? And if the inevitable market crash happens, wouldn’t it be like pulling the plug on this whole digital circus?
@dakota-rt8kd
@dakota-rt8kd Месяц назад
​@@stevengill1736 Indeed, I have been suggesting more of them to look up about getting more people into, Trades of this nature... I've had to paid $100.00 USD, Just for the A.C. guy to just show up at the house 😅😮🎉 Some, are listening 👂 🎉❤
@calebrocks83
@calebrocks83 Месяц назад
​@stevengill1736 nobody wants to break their backs and the harsh environment of the trades
@alarriag1
@alarriag1 Месяц назад
Unless you’re a top mind in your field, never over specialize or get too comfortable in your job. Having some generalist and diversified skills and experience has served me well to survive “market cycles”, bad managers, office politics, backstabbing, and find more suitable work when the need arose.
@Diogenes76
@Diogenes76 Месяц назад
That is one of the things that pissed me off. We would have a person who specialized in system x for 20 years and they were great at their job. They come in for an interview and people would actually make fun of them because they did not know how to do some stupid LeetCode or some command off the top of their head. After seeing this a few times is when I realized that no one should really take the high tech industry too serious as a career. Have a good time when times are good but be ready to transition out into something more human and decent once you had enough of the toxic environment. Tech is like surfing, you can ride the waves, but you really don't go anywhere.
@BusinessofGood
@BusinessofGood Месяц назад
I feel this comment is from someone over 40.
@alarriag1
@alarriag1 Месяц назад
@@BusinessofGoodWell, obviously you’re not going to go through all that stuff with only three years of work experience in your 20’s. Whether people want to risk feeling it themselves or are willing to listen to the old farts, and learn some history to save some pain, is up to them.
@jloiterer
@jloiterer Месяц назад
IT only last so long, I'm still gainfully employed in software engineering in my mid 50s but I don't think I'll ever get hired in tech again if I were to lose my job this year. It is really to not have lifestyle inflation due to the salaries paid in IT.
@elpred0
@elpred0 Месяц назад
Thanks for sharing :)
@mindfloodnc
@mindfloodnc Месяц назад
If you see your company is opening an office in India that’s the start of job elimination.
@wrigleey
@wrigleey Месяц назад
My Company just opened office in egypt. Same story there
@prettybrwneyez7757
@prettybrwneyez7757 28 дней назад
Or Eastern Europe
@enkavs
@enkavs 26 дней назад
But, I live in India. The highest number of unemployed youth exists in India in 2024. In the last 2 years, less hiring and more firing have happened, even India's richest person Ambani fired 42000 workers from his company which is an Indian company, not an MNC. It is tough for freshers to get a job these days in India, forget about good salary.
@yurikendal4868
@yurikendal4868 24 дня назад
​​@@enkavsI was wondering about folks in India. Greed is everywhere sadly
@Ghost-vg6iq
@Ghost-vg6iq 20 дней назад
​@@yurikendal4868 In India it is borderline slavery with employment bonds and barely minimum wages
@peterstickney7608
@peterstickney7608 Месяц назад
As an Computer Science Guy with nearly 50 years of experience, I've found that the recent trends weren't for hiring Tech Workers, but Tech Parasites - Those that back in the day would be referred to as Lion Food. (The story for that is that 2 Lions escape from the Armonk, NY zoo, and agree to meet up in 6 months. When they meet, one is skinny, starving and scared. The other is well fed and relaxed The skinny one says "What's your secret? I eat 1 person, person, and now everything is after me. No food, no rest...". The sleek Lion replies "I snuck into the IBM Campus, and every day I eat a Middle Manager, and nobody knows I'm there.")
@TeamSprocket
@TeamSprocket Месяц назад
I work at a non-software engineering company, and there are so many directors and VPs that have no impact that you could probably double a lot of the productive departments using their salaries. Such is life in the grift machine.
@luizmonad777
@luizmonad777 Месяц назад
I have only 20 years of experience and I totally agree with that, it was not like that when I started in 2004, it was hard work to actually be a programmer, you couldn't just pretend to be one. No one seems to work nowadays, well, that seems like it ended.
@koerperkontrolle
@koerperkontrolle Месяц назад
@@luizmonad777 I dont think you got the point OP was trying to make
@Lorendrawn
@Lorendrawn Месяц назад
We need 1/3 as many middle managers and 1.5x the amount of specialists and lower level guys. The more time the new hires spend with specialists the more valuable they become and the specialists naturally age out at the time when the new guys are peaking at their value as well. Nobody ever got through a deadline because of better management, they got through because of bottleneck removal which is really what managers are for
@Amite-zg2ob
@Amite-zg2ob Месяц назад
Remember when AMD came out with Bulldozer LOL - cleaned house and found a real CEO that knows talent
@hoodro2
@hoodro2 Месяц назад
I'm an Android developer working at a major bank. During covid, I had recruiters from big tech companies contacting me constantly, offering higher wages and benefits. Many I worked with jumped ship, but I figured the stability of a bank was worth a few less dollars.
@dawnfire82
@dawnfire82 Месяц назад
Same calculus is what keeps talented people working for the government. Yeah, I could double my wages in private industry, but my cost of living would be much higher and I'd be subject to market cycles like this. I'd rather be overqualified in middle American suburbia with a safe career than surfing a wave of dollar-chasing high achievers. I got my fill of those people in law school...
@MultiChrisjb
@MultiChrisjb Месяц назад
@@dawnfire82 you're right gravity makes the calculus guys stay. It's those trigonometry guys that jumpship, and projectile motion guys in physics fields.
@PinkFZeppelin
@PinkFZeppelin Месяц назад
Missed your chance to boomerang my man.
@BrunoJennrich
@BrunoJennrich Месяц назад
"stability of a bank" made my day
@Dub105
@Dub105 Месяц назад
@@BrunoJennrichlol
@richpryor9650
@richpryor9650 Месяц назад
"HR specialists and recruiters made up 28% of the layoffs" We need to get those numbers up.
@stormtrooper9404
@stormtrooper9404 Месяц назад
Or in other words... bulsh!t jobs and yes! Those numbers should go higher... much, much higher!
@bosco_bosco
@bosco_bosco Месяц назад
Massively agree with this
@waynewei3380
@waynewei3380 Месяц назад
Nah, they are just hired to do the job.
@Netist_
@Netist_ Месяц назад
28% isn't nearly enough.
@onlyme112
@onlyme112 Месяц назад
LOL that's cruel. But I love it!
@drchamp1902
@drchamp1902 Месяц назад
At blue cross, they blocked US IT personnel to view production data due to hippa compliance but they had no issues having an Indian shop looking at members data unencrypted because hippa was not a thing in India, then they wonder how a massive data beach happens
@mar25947
@mar25947 Месяц назад
Wow 🤯
@MateDrinker33
@MateDrinker33 Месяц назад
Not sure which of the 34 separate BCBS affiliates that you’re talking about, but the company in question would still be liable since under US law, an act of one their contractors would still be considered an act of the insurer.
@osamaqanbaz6111
@osamaqanbaz6111 Месяц назад
Indians will sell the data for millions later on like one trash human being i knew about that used to work at Amazon.
@testtest-co9hk
@testtest-co9hk Месяц назад
yup right, crowdstrike is from which country??
@drchamp1902
@drchamp1902 Месяц назад
@@MateDrinker33 the kicker was, on my second attempt to work there, unless I consented in writing to getting the third COVID vaccine, two was not enough, they could not proceed to the final interview lol
@samsonsoturian6013
@samsonsoturian6013 Месяц назад
I was at the main office of Mastercard for a time. They had massive rec rooms, a library, lounges, and a whole parking lot dedicated to EV charging. Literally none of it was ever used, sitting empty while workers went straight from the open-cubicle desks back home in their gas cars. Just a massive waste of money
@RamonChiNangWong078
@RamonChiNangWong078 Месяц назад
it's all for show, but the Google Laundry is actually a good idea. Bring your dirty laundry and Google's Laundry service will handle that for you. 🤣
@samsonsoturian6013
@samsonsoturian6013 Месяц назад
@@RamonChiNangWong078 No one wants to live at work no matter how well they are paid. We'd all rather work for our family
@davidc1878
@davidc1878 Месяц назад
But everyone got to PRETEND they are green and care for the environment! It was a win win!!! lol
@EvolutionSAVE
@EvolutionSAVE Месяц назад
Wow Wssp
@PutItAway101
@PutItAway101 Месяц назад
​@@samsonsoturian6013Right, but the typical tech worker is a millennial narcissist who doesn't have a family.
@chrissis111
@chrissis111 Месяц назад
You're so funny. I cracked up seeing you holding that gigantic microphone!!! 🤣🤣
@dawnhunter2558
@dawnhunter2558 Месяц назад
Same same!! I'm dying.
@zg-it
@zg-it Месяц назад
Omg, I was looking for comments about the small microphone. Your comment made me look back up and see the giant microphone.. Lol
@Bystander333
@Bystander333 Месяц назад
Genuinely had me laughing.
@maifantasia3650
@maifantasia3650 Месяц назад
It will become the new trend for all "personable" rap news reporters.
@jchong416
@jchong416 Месяц назад
Nothing beats the dry UK style of comedy.
@squid84202
@squid84202 Месяц назад
You forgot the other big reason for layoffs: to ship the jobs off to India so executives can pay workers less and pay themselves more.
@akale2620
@akale2620 Месяц назад
10 years too late with that comment. Outsourcing has declined massively to india. It's now going to filipinos
@aalhadbapat3489
@aalhadbapat3489 Месяц назад
yeah and your problem with that ? you dont want immigrants and now you dnt want companies investing in third world coutries then what ?
@KM-cd9jc
@KM-cd9jc Месяц назад
Private Equity has partners and associates from whom the executives take direction. Executives and workers aren’t so different- both are easily replaceable, but the executive costs more and is at risk of job loss every quarter.
@taowroland8697
@taowroland8697 Месяц назад
​@@aalhadbapat3489why can't we let them be poor and keep jobs here? Why should I care about Filipino or Indian wellbeing? The root of the issue is shareholder expectations being absurdly high, and inflation which demands higher returns to have gains in their investments.
@monolith-zl4qt
@monolith-zl4qt Месяц назад
@@akale2620 idk our team is 75% Indian and some Ukrainians too. We're neck deep in AI and we weren't even a tech company before XD
@travelsizedlions
@travelsizedlions Месяц назад
Intel's stock price didn't fall because they laid off their employees. It fell because the last 2 years of CPU manufacturing had fatal defects and they repeatedly lied about it, blaming hardware enthusiasts for mishandling CPUs, then when enterprise level customers ran into it saying it was a microcode problem. They laid off employees because whoever is at the top doesn't understand that getting rid of a bunch of people doesn't get rid of the manufacturing issue or massive breach of trust that lying about it caused. Tech isn't laying people off for any reason other than horrible business practices, overinvesting in hypeware, and utterly refusing to save even a dime for when difficult economic times inevitably hit.
@ravenkrofft
@ravenkrofft Месяц назад
The real reason stocks went down is because the dividends were indefinitely cut. Massive stock holders fled en masse
@evalangley3985
@evalangley3985 Месяц назад
It didn`t fell because of that at all... it fell because they cut DIVIDENDS on the stock... you are as clueless as that guy, Patrick Boyle...
@Mezmorizorz
@Mezmorizorz Месяц назад
Well, the real reason why the stock fell like a rock is because their company restructuring also paused dividends indefinitely, so obviously the stock is much less valuable to hold/in reality one common investment strategy is legacy companies that consistently pay dividends.
@edwardk3
@edwardk3 29 дней назад
Bad business practice hurts women disproportionately
@AkeruZikora
@AkeruZikora 26 дней назад
@@edwardk3 How?
@bsdpowa
@bsdpowa Месяц назад
As someone who's been in Tech for over 15y from the ordinary Linux sys admin to CTO, I can CONFIDENTLY claim that everything is shit and if general population knew 1% that goes on in the background hidden behind a shiny user interface they wouldn't buy anything ever, they would be terrified to enter their credit card details on a website. Hiring strategy is part of this "everything is shit". Let's bulk and then cut, instead of just gaining muscle gradually. Let's sell what we don't have and then realise we can't deliver and fire people because our revenue projections are off. Let's invest heavily in the property market and then force people to come back to office. Let's do whatever the fuck we want to do because we're too big to fail and things go wrong, we'll just blame it on someone else.
@WildZephyr
@WildZephyr Месяц назад
As someone who has just been employed for 30 years, nothing you say remotely surprises me. Also, I've had free transunion for like three years at this point thanks to multiple data breaches lol
@billfrehe6620
@billfrehe6620 Месяц назад
@@WildZephyr Hahaha, free credit check here too
@lankeastor512
@lankeastor512 Месяц назад
I... I think I love you.
@LTPottenger
@LTPottenger Месяц назад
Imagine if NASA were run by MBAs. What a disaster. Well, that's the reality for most companies, they don't know how to do anything but count beans and lay people off.
@sambistabeauty
@sambistabeauty Месяц назад
Investing in the property market forces this generation to not be able to afford either rent or a mortgage
@vipondiu
@vipondiu Месяц назад
Small mic: +10% relatableness Big mic: +50% relatableness
@robertbensch7748
@robertbensch7748 Месяц назад
I´ve half expected the microphones getting perpetually larger to the end of the video after each cut.
@NeutralDrow
@NeutralDrow Месяц назад
**cut to Patrick standing and holding his microphone like Freddie Mercury**
@narmale
@narmale Месяц назад
I about lost my lunch when that cut hit 😂😂😂😂
@cpuuk
@cpuuk Месяц назад
Forget anything they tell you, the simple truth is that Big Management bonus is 100% tied to share price, and the quickest way to get the SP up, is to lay off people.
@mammajamma4397
@mammajamma4397 Месяц назад
Exactly this
@serioserkanalname499
@serioserkanalname499 Месяц назад
So when Intel tried that their shareprice dropped by 30% and still patt gets paid close to 20million a year. How does that make sense then, huh?
@tmzz3609
@tmzz3609 Месяц назад
Buddy........ He literally starts off the video by saying Intel "shares plunged" after announcing layoffs. Tech companies have massive multiples because people expect growth. Tech companies want to grow....... Even if just by fake job postings
@EroticInferno
@EroticInferno Месяц назад
Most expensive line item is “human being’s salary,” so yeah..
@crelgen1588
@crelgen1588 Месяц назад
​@serioserkanalname499 Intel's stock isn't falling because of the layoffs, it's because of the current mess with their CPUs.
@sisisisi6
@sisisisi6 Месяц назад
I’m in tech, what I see is, tech companies are laying off US employees and hiring in India and other cheaper countries.
@milehighyt2097
@milehighyt2097 Месяц назад
should be illegal
@prettybrwneyez7757
@prettybrwneyez7757 28 дней назад
This is exactly it
@prettybrwneyez7757
@prettybrwneyez7757 28 дней назад
@@milehighyt2097It should be but when your congressmen and women can get rich with stock and the president can be besties with tech CEO’s, this is what happens.
@ragul3204
@ragul3204 13 дней назад
​@@milehighyt2097 Learn to compete or learn a trade
@siddharthb2633
@siddharthb2633 Месяц назад
I know a Big Tech real estate company which has revolutionized their sector by introducing coffee machines at the workplace.
@bh-zj4yt
@bh-zj4yt Месяц назад
Whats next ? Filtered water dispenser?
@PatNeedhamUSA
@PatNeedhamUSA Месяц назад
​@@bh-zj4ytno, Bevi is next (touch screen water dispenser)
@brainites
@brainites Месяц назад
🤣
@222aint
@222aint Месяц назад
Put the coffee down! Coffee is for closers!
@Jose04537
@Jose04537 Месяц назад
WeWork?
@benjamindover4337
@benjamindover4337 Месяц назад
A "job opening" is block of text uploaded to the internet to help HR reps get their numbers.
@Soundsaboutright42
@Soundsaboutright42 Месяц назад
Exactly
@GilFavor101
@GilFavor101 Месяц назад
Guess what? I'm about to make 5 more job openings for America! Help Wanted: Need to know computers and pay is negotiable; looking to fill 5 positions. Well, my good deed for the day is done. Sad that's all it takes to manipulate the numbers...
@CorporateShill66
@CorporateShill66 Месяц назад
Most are fake
@iheartlreoy8134
@iheartlreoy8134 Месяц назад
They also gotta be looking busy
@DoobieKeebler-zz1mn
@DoobieKeebler-zz1mn Месяц назад
On the plus side, there are casino greeting jobs available at the Muckleshoot casino.
@tinad8561
@tinad8561 Месяц назад
“We need talent to realize our next bleeding edge idea.” “What’s our bleeding-edge idea?” “Don’t know yet.” “So what kind of talent do you need?” “Don’t know.” “Okay, I’ll call the recruiters then, what could go wrong?”
@glensmith491
@glensmith491 Месяц назад
Meanwhile, relatively recenty, the primary revenue collection arm of the US government (IRS) was almost brought down because they could not upgrade a COBOL-based system that began life in 1962.
@tinad8561
@tinad8561 Месяц назад
@@glensmith491 The biggest regret in my life is that I learned the Basic they taught me in high school, rather than finding a way to learn COBOL. Absolute rafts of money lost to that blind spot…
@lematindesmagiciens8764
@lematindesmagiciens8764 Месяц назад
I agree. This trend is present not only in the tech sector. Zillions of recruiters, 'consulting' firm, placement agency. Did they forget, well you know, people doing actual, real work? Instead, it's been replaced by magical thinking where they formulate some job 'requirement' that is obviously impossible to satisfy, in the hope that there is by, some miracle, a candidate fitting their demands. Remove the middlemen. Start training and re-training employees. Start hiring independent contractors instead of big consulting firms.
@bunnyben5607
@bunnyben5607 Месяц назад
The thing which gets you a job with COBOL isn't knowing the language. The language is actually very easy to learn, it's the knowledge of how systems running on COBOL works.
@me-yh2kb
@me-yh2kb Месяц назад
This statement is so true. I see it all the time where a company talks about adopting AI and being an "industry technology leader", but when trying to figure out how it ends up being something to the effect of "ChatGPT exists"
@QwertiusMaximus
@QwertiusMaximus Месяц назад
Holding mic in his hand… Patrick Boyle:”How do you do, fellow kids”
@MarcosElMalo2
@MarcosElMalo2 Месяц назад
Mic, short for Microphone. Mike is the name of a person. It’s short for Mikerophone.
@SelectKiko
@SelectKiko Месяц назад
​@@MarcosElMalo2 he meant mike from breaking bad. He's smaller in real life.
@QwertiusMaximus
@QwertiusMaximus Месяц назад
There, fixed. Couldn't edit from phone for some reason.
@kenmvilla
@kenmvilla Месяц назад
Still, thumbs up for the Buscemi 30 Rock reference.
@makuru.42
@makuru.42 Месяц назад
fix it back ​@@kenmvilla it was funnier that way, also it caused engagement.
@RelativeLiberty
@RelativeLiberty Месяц назад
Tech companies are basically outsourcing worker training to the universities - which means workers pay for their own training. Firms won't hire a talented web dev and bring them up to speed on Data Science or ML, they'll expect that guy to pay for a Masters degree out of their own pocket and then maybe hire them at the end after 3 months of interviews
@CarlosAlvarado04
@CarlosAlvarado04 Месяц назад
You should pay your advanced education out of your own pocket though. Why always want to somebody else pay for you?
@RelativeLiberty
@RelativeLiberty Месяц назад
Always? We've never met before, mate. Companies benefit hugely from education and need specific skills, they're the ones getting someone else to pay for what they need
@CarlosAlvarado04
@CarlosAlvarado04 Месяц назад
@@RelativeLiberty your education is your problem. Companies can go shop around to find someone else with the skills.
@araiksims6322
@araiksims6322 Месяц назад
@@CarlosAlvarado04 yes ppl should fund their own (reasonably priced) education, but each company has specific needs that they should train workers on, not expecting them too already know exact inner workings of the company and what they need to do without yet being hired
@SharonLougheed
@SharonLougheed Месяц назад
I'd argue they're outsourcing it more to other companies rather than universities, considering how often they want years of professional, paid experience with a tool/language/process. And a bachelor's degree in computer science (at least one I finished in 2018 at a seemingly good state university) didn't teach things mentioned in job listings. I don't trust a masters to stay up-to-date with industry standards and be worth the cost. Sure, I know the core fundamentals, probably more than someone who took a bootcamp, but sooo much time was spent on forgettable theory and historical trivia. So unless I want to or _can_ find another web dev job that uses TypeScript/Angular (which I _did_ learn at my last job, so, yes, there are... were some jobs that do training... before they laid everyone off... after _deeply_ underpaying us), I'm going to have to teach myself anything else and hope I can market myself enough to make up for the lack of years of professional experience in that tool. I mean, I understand wanting a skilled professional, but jeeeeeez, if we're going to have to train ourselves anyway, these listings should at least say "X years with Y OR a project that proves competence in Y". Just have to apply anyway even if you don't match all the bullet points, but it's disheartening when 100+ people are also applying. :/ And then get hit with tests irrelevant to the day-to-day job that required practice I have to make time for outside of writing cover letters, working on projects to train myself, and reworking my portfolio/site. And that's with 5.5 years of experience. I feel so sorry for those right out of college.
@Alan.livingston
@Alan.livingston Месяц назад
The proliferation of “day in the life” vlogs by “tech workers”, who were mostly just hangers on like HR and marketing people, was a sure sign there would be a massive downside.
@jaygordon4053
@jaygordon4053 Месяц назад
I noted that all the people doing these vlogs were especially diverse and progressive.
@Outworlder
@Outworlder Месяц назад
Yeah. Not only they weren't really "tech", but it was always a massive rage bait.
@3komma141592653
@3komma141592653 Месяц назад
How surprising when unproductive people getting fired.
@asterik917
@asterik917 Месяц назад
@@Outworlderthis…. Every time I saw one of these videos I wondered if these people worked in tech or just worked at a tech firm. My aunt who actually works in tech is still getting her phone blown up by recruiters trying to get her to jump ship.
@theroamingsavage8813
@theroamingsavage8813 Месяц назад
Guess all those coders will need to "learn to plumb"... Hehehe
@AlanMitchellAustralia
@AlanMitchellAustralia Месяц назад
Easy answer: don't work for Big Tech. Small Tech is collectively much bigger than Big Tech.
@pensivelyrebelling
@pensivelyrebelling Месяц назад
And just as exploitative of workers. Been there, done that. I’ll skip tech altogether.
@deeomayall
@deeomayall Месяц назад
Small tech is absorbing all the layoffs from big tech, and enjoying the cheap labour.
@scottriedesel
@scottriedesel Месяц назад
Fair enough friend
@andrewnorris5415
@andrewnorris5415 Месяц назад
@@pensivelyrebelling It depends on the corp you choose. The best ones are harder to get places for, need sharper skills/portfolio. And many start ups are there to make a difference and offer shares - so if they do well. Can be exciting to work for. It varies a lot by the corp/boss/dept.
@Russo2024Zir
@Russo2024Zir Месяц назад
If a publicly traded company opts to outsource overseas to reduce expenses, it should begin by outsourcing the CEO position. By saving millions in this manner, the company can maintain the employment of numerous American workers. These employees, in turn, will contribute to the local economy in various ways.
@MonsieurSansHonte
@MonsieurSansHonte Месяц назад
Those of us who have over 15 years experience in tech, saw the boom and knew the bust was coming. We saw through the free food, playrooms and office pets; we've seen it all before. We knew that there are not 'families' in an office space. Well, the developers, creatives and project managers knew.. Tip for the younger workers: always have 6-12 months of salary in your savings account.
@KurosuKirie
@KurosuKirie Месяц назад
That is better start-up in my country offer collage and class like huh, i know you have money to burn but trying to hire highschooler that are not interested in coding and giving away money hoping they become developer?? No wonder there is so many layoff now.
@MonsieurSansHonte
@MonsieurSansHonte Месяц назад
@@KurosuKirie Not hiring those highschoolers and nurturing them into developers is how you end up with a skills gap. That’s why junior developer roles exist. 🤷‍♂️
@KurosuKirie
@KurosuKirie Месяц назад
@@MonsieurSansHonte it's not company job to pay for their tuition thou it is the job of the parent and themself, I am about hiring junior but hiring completely clueless people with zero knowledge in coding is just stupid
@CrowdContr0l
@CrowdContr0l Месяц назад
Millennials in 2014 thought they somehow “changed” the office forever with their Twitter campaigns and influencer stories, but it turned out they were too young and naive to realize they were being tricked into living at the office with Razor scooters and coffee bars.
@dioworld
@dioworld Месяц назад
I would say 1 to 1.5 yrs. I'm getting some calls and interview but thr process is super slow. Even you completely nail every round of interview and and everything is smooth. It will take at least 2 months. So not many opportunities in 6 months timeframe
@johnglavin2822
@johnglavin2822 Месяц назад
The Kelly Stamps video you showed as 850k tech job in nyc was actually just satire, but pretty funny
@melodicseaweed387
@melodicseaweed387 Месяц назад
Thanks, I was wondering about that
@baxoutthebox5682
@baxoutthebox5682 Месяц назад
No sh**
@Tittyraw
@Tittyraw Месяц назад
I love her😂
Месяц назад
Yes, I guessed as much from the short snippet he showed alone.
@countrycorner9337
@countrycorner9337 Месяц назад
he knows bro
@Lex_Araden
@Lex_Araden Месяц назад
As someone in the tech sector unfortunately, we are on a cycle of overhire, layoff, overhire, layoff. In general it seems to be 2 years between each set of layoffs. I wish there were not incentives for them just wasting their time like this, since so much time gets wasted in the transitions. It goes like this: Step 1: Layoffs to make stock price go up. Step 2: Get little done for a year. Step 3: Panic hire additional people so you have products to show to the shareholders. Step 4: Repeat.
@dismurrart6648
@dismurrart6648 Месяц назад
I work in manufacturing and the weird bs they do is so illogical to me. Like with my company, theres absolutely times where we are understaffed but its pretty stable on the number of people we have because we are only profitable if we have enough people to do the jobs.
@badbot4ever566
@badbot4ever566 Месяц назад
The mass layoffs is due to over spending on AI. With no return on their investment they have to cut jobs. The layoffs will continue and will eventually hit Nvidia because no one will be able to buy their GPU’s at scale.
@Lex_Araden
@Lex_Araden Месяц назад
@@badbot4ever566 Perhaps that influences it is this particular set of layoffs, but what I am trying to say is that this cycle has been happening consistently for ages, I have seen it happen many times industry wide.
@badbot4ever566
@badbot4ever566 Месяц назад
@@Lex_Araden and it will continue to happen because they never seem to learn the lesson. I think it would be amazing if some of the engineers who were laid off were to come together and create something or form a new company.
@mickeyg7219
@mickeyg7219 Месяц назад
@@badbot4ever566 That's why AI is a bubble right now, the vast majority of the AIs are just LLMs with no pathway to become AGIs. And no, most investors struggled to tell the difference and limitations of LLMs, they're businessmen, not STEM workers.
@Kyanzes
@Kyanzes Месяц назад
Been working in IT since 1996. Have worked for six companies. Four of these companies (the last four) have outsourced various organizational activities i.e. client support, HR, accounting, internal IT support, application development etc. I have yet to see quality going up or even staying at previous levels. And now even AI comes in. And upper management is so into the hype that they believe it's time to replace complete setions with AI. The other thing is that I have only received bonus ONCE since 2008. At every company I worked for, the same story: next year's target is (say) $120 million, up from $115 million this year. Next year: ouch, we only achieved $119 million and now we are in minus one million... no bonus this year. Better luck next year when the target is $125 million.
@niceguydmm
@niceguydmm 26 дней назад
Upper management is dumb! 25 years in IT and they screw everything up! VP's and up!
@lkruijsw
@lkruijsw Месяц назад
The Intel layoffs are because Intel is in trouble, not because of market conditions.
@GigaChad_169
@GigaChad_169 Месяц назад
Yup Intel allegedly sold defective CPUs for a few years and the potential cost of replacing those decaying integrated circuits to make it right with customers has the potential to be MASSIVE.
@mr8610
@mr8610 Месяц назад
Exactly. This is nearly 20 years of mismanagement and not innovating their product.
@Micfri300
@Micfri300 Месяц назад
Or because ai is simply overblown.
@BigTylt
@BigTylt Месяц назад
True, they see the writing on the wall and know they're going to have to do massive recall and replacement program for all those defective CPUs.
@joeyghostx
@joeyghostx Месяц назад
True, the other tech layoffs are just due to a recession so they cut off the profit loss departments first before the free fall of being overpriced.
@alligatorjonesphd
@alligatorjonesphd Месяц назад
My husband does hiring for a med tech company. They are offshoring. he had to fight with his HR because they wanted to hire an overnight worker in India for $9000 yearly USD. That’s what I made working at a car wash on weekends in high school.
@AntonyChard
@AntonyChard Месяц назад
$9,000? $4.33 per hour? That's not realistic. I'm not sure when that was, but hiring even a junior developer would cost more than $20 per hour now. At $4.33, this person would be fired in a couple of months, and it would be lucky if they didn’t cause significant damage to the company.
@TheRimBrakeGuy
@TheRimBrakeGuy Месяц назад
​@@AntonyChardshe said offshore, not in the US
@AntonyChard
@AntonyChard Месяц назад
@@TheRimBrakeGuy is no such prices in offshore for long time already(9000 per year)
@Lynn.-_-.
@Lynn.-_-. Месяц назад
I mean for India it might not be a bad salary.
@AntonyChard
@AntonyChard Месяц назад
@@Lynn.-_-. For India, as a median-yes. But for IT, it's very bad. The company I work for pays juniors around $20 minimum, and these resources are not good. Offshore freelancers are now charging at least $15-20 per hour these days.
@sammu
@sammu Месяц назад
Got canned two weeks ago after six years with a Fortune 500 company, right after a company wide message about AI and being leaner and a bunch of word salad.
@hohohaha999
@hohohaha999 Месяц назад
Patrick Boyle is my favorite rapper
@bh-zj4yt
@bh-zj4yt Месяц назад
Thug Life
@flipdbit
@flipdbit Месяц назад
Biggie Tech Boyle
@icecoldfroste
@icecoldfroste Месяц назад
Mic Check 1 .. 2 ...
@MarcosElMalo2
@MarcosElMalo2 Месяц назад
Word to your motha
@JonM-ts7os
@JonM-ts7os Месяц назад
Wrapper?
@skeletonboxers7336
@skeletonboxers7336 Месяц назад
I wanted to add another reason why tech companies were doing so many layoffs is because a tax code that had a reform Section 174 came into effect by December 2022. It was meant to be repealed earlier that year if not in 2021. But it had a clause added during the last tax reform. It was only recently retroactively repealed earlier this year. But essentially tech companies couldnt write off their tech employees salaries and bonuses as expenditures in research and development so it was better to lay them off in late 2021-2023. It's also why a lot of projects got axed. Companies will always look after themselves than their own employees.
@njeanfils
@njeanfils Месяц назад
Came here to say this too.
@KP-kg2ky
@KP-kg2ky Месяц назад
So............which politician passed this reform?
@Qefx
@Qefx Месяц назад
Exactly! In Germany the same is happening and everyone knows that we have the same tax laws! MERICA
@laurariccio2490
@laurariccio2490 Месяц назад
@@KP-kg2ky Donald Trump. Law passed in 2017, went into effect in 2022.
@laptv2144
@laptv2144 Месяц назад
@@laurariccio2490 It was passed by an entire congress. You have no idea who wanted that specific clause and made it happen. Bills are always filled with different wins for different people
@TheCornish123456
@TheCornish123456 Месяц назад
Have worked in tech for 25 years, my experience is at least 40/50 % could be got rid of and it makes no difference to output and many are so useless as to be disruptive to productivity.
@dismurrart6648
@dismurrart6648 Месяц назад
My fiance is in tech and a senior programmer asked him what sql is once.
@TheCornish123456
@TheCornish123456 Месяц назад
​@@dismurrart6648was going to put a laughing emoji unfortunately it's a bit sad really isn't it. Far too many interviews in tech are held with nobody with real broad knowledge on the panel, the type of understanding required to filter out the bullshit artists.
@erintheunready7575
@erintheunready7575 Месяц назад
This. I've never felt threatened even though I'm new to the corporate world because my output is double the next most productive on my team
@burtturdison4445
@burtturdison4445 Месяц назад
Especially middle management are some of the most spineless buffoons I have ever seen and yet they keep on failing up the Lader
@derekgusoff6768
@derekgusoff6768 Месяц назад
I call those people "seat fillers"
@N7sensei
@N7sensei Месяц назад
Tech companies are offshoring everything they can to not very bright people in Asia. SAP is officially a German company, but it pretty much became an Indian one. When I worked there, my Indian colleagues were selling the corporate secrets of our clients right next to me on the phone, in broad daylight in the open office. Some Indian guy was running crypto mining software on our servers. Management was embezzling a lot of money. And so on. I could go on, but I don't want to dox myself. And then companies get their secrets leaked and their systems get ransomed, and their products get copied and so on, and wonder why. Gee, I wonder why.
@bluesteel1
@bluesteel1 Месяц назад
I find this hard to believe. Looks more like something the nazis spread about the jews or gypsies before they started gassing them.
@glowiedetector
@glowiedetector Месяц назад
a few quick bucks now are, in their opinion, more important than keeping those secrets, even though it is stupid.
@Apache1970
@Apache1970 29 дней назад
"My Indian collegues" Such a sweeping generalization. You must be fun at workplace.
@TwistedSoul2002
@TwistedSoul2002 29 дней назад
@@Apache1970 What else do you expect him to say? As an Indian, I've seen some of these thing myself, from Indians - only Indians.
@bluesteel1
@bluesteel1 29 дней назад
@@TwistedSoul2002 This generalization is similar to all black people are criminals or all white people are racist. Indians are just the punching bag here. There's always a scapegoat each time. Jews, Blacks, Mexicans someone is always the scapegoat.
@ilirlluka6789
@ilirlluka6789 Месяц назад
I always take a cab to work in a tech company as the subway is really scary since there are a ton of lower class people who do not work in tech and they got swords.
@KarlFreeman-fe1nd
@KarlFreeman-fe1nd Месяц назад
Certified Scrum Master isn't a necessity for development?
@daisygirl9829
@daisygirl9829 Месяц назад
@@user-bf3pc2qd9sit is a spoof the actual influencer is a pilot / social media influencer not a tech worker she’s satire
@Jose04537
@Jose04537 Месяц назад
Lower class? Don't you mean plebs? 😂
@darlantro
@darlantro Месяц назад
​@@user-bf3pc2qd9s it was a spoof, she does comedic videos
@dieglhix
@dieglhix Месяц назад
I take a walk yo my living room.every week day at 8:59
@JoeRogansGutBiome
@JoeRogansGutBiome Месяц назад
I work in Tech. I clean the toilets at Google HQ
@maximilianthiel8485
@maximilianthiel8485 Месяц назад
Talk about job security
@timopint1125
@timopint1125 Месяц назад
become a girl and one of that prostitution hires^^
@normbograham
@normbograham Месяц назад
I worked in Technology at a Nuclear Medicine Consulting Firm, and twice a year we had to box up our new products, and ship them to the ~700 clients. Because you could not get temp workers to work at a company with "Nuclear" in their name. Some of the tech workers had breakdowns, that they should work in the warehouse for two days a year.
@roc7880
@roc7880 Месяц назад
your job is safe dude, congrats, no AI will replace you.
@kikiTHEalien
@kikiTHEalien Месяц назад
Too bad cleaning crews are hired by the property management company, not the company which occupies the building. This would be a funny joke otherwise.
@JD-vj4go
@JD-vj4go Месяц назад
I've worked in tech since 94. It's just offshoring. Companies are doing to tech workers what they did the factory workers in the 70s and 80s: if it can't be automated move it overseas. Silicon valley is going to be a cyber rust belt in five years.
@Diogenes-96
@Diogenes-96 Месяц назад
This will just keep happening
@honkhonk8009
@honkhonk8009 Месяц назад
Unless Trump gets elected. Theres litterally no jobs other than engineering/CS that people can flock to this time. Seriously we need massive anti-globalism laws. Nobody should have to deal with the overpopulation problems of another country. Imagine dying in WW2 for a country, only to see its wealth basically offshored to another country.
@kain0m
@kain0m Месяц назад
Yup... I'm not in the same field or region, but we are doing the same thing right now: we're currently assigning a "best value" employee (read: low wage country) to each senior at HQ. The goal is to have them do the same job as us, so that they can save our jobs by doing it a lot cheaper - or to put it more directly: we train our outsourced successors.
@NoManOdysseus
@NoManOdysseus Месяц назад
Just tell your bosses "when you have yo have me back as a consultant to fix everything again, don't say I didn't warn you."
@honkhonk8009
@honkhonk8009 Месяц назад
@@NoManOdysseus LOL litterally my dad. He works as a consultant and he's saying the sheer amount of outsourcing to indians with fake resumes, is already giving him contracts lmfao
@fennecbesixdouze1794
@fennecbesixdouze1794 12 дней назад
As someone who works in tech I can verify that we've severely over-hired. Most of the people I encounter in this industry are completely untrained and generally incompetent. "Self taught" is a big buzzword, you're lucky to encounter someone who attended a two-month boot camp, that's like a master's degree in this shit industry. Even just basic knowledge and competence is completely absent, let alone expertise or talent. I feel like I'm teaching children rather than working alongside fellow professionals. All that being said, as someone with a Ph.D., decades of experience, who is fiercely talented and productive, I don't get the impression that my job prospects are any better than the boot camp grads. So if investment banking is somewhere where the bozos were squeezed out during the lean times, tech doesn't seem that way: seems like good engineers are as likely squeezed out as bozos, if anything bozos are more likely to stick around. The problem is that we just never seemed to develop any kind of meritocracy in tech. No certifications, no individual performance metrics, and obsession with always being nice and never criticizing others work or talents.
@msb8287
@msb8287 Месяц назад
They are laying off US and other "high cost" country employees and replacing them with "best cost" employees in Mexico, East Asia, etc. It's all about profit for shareholders.
@honkhonk8009
@honkhonk8009 Месяц назад
Then when people like Bernie Sanders or Trump threatens their bottom line, they either pull strings or call em racist.
@zarroth
@zarroth Месяц назад
@@honkhonk8009 Bernie sanders isn't a threat to anything. All he does is peacock around, make wild claims that don't work in reality, then accept a payoff to buy another mansion and gets out of the way.
@rickybobby7276
@rickybobby7276 Месяц назад
Americans build the software then it’s gets outsourced for some add in’s and maintenance and all the people who started it get a big boot thank you.
@imhassane
@imhassane Месяц назад
This is capitalism
@iMagUdspEllr
@iMagUdspEllr Месяц назад
​@imhassane This is economics. It is not unique to capitalism. You aren't going to pay for skill you don't need whether you are in a capitalist society or not.
@ancientdunlop
@ancientdunlop Месяц назад
I worked for 10 years at multinational engineering company. A few people I worked with left and bought into a smaller engineering company and persuaded my to come along. This was one of the best decisions of my life. I work on meaningful projects, have a good work life balance including being able to work remotely if need be. There are about twenty of us and there is no HR department. I need something or think we can improve something I go and talk to one of the two owners. This is how I think work should be. I know there are mega projects that require the man power of giant firms, but honestly I would take smaller projects with good management any day over the being just another number on the payroll.
@guser7137
@guser7137 Месяц назад
To be fair, there are very few (if any) mega projects requiring huge manpower - at least in the digital realm.
@muhdiversity7409
@muhdiversity7409 Месяц назад
HR is just welfare for those that can't.
@ayylien3070
@ayylien3070 Месяц назад
No HR department? Sounds like a dream
@mr.shelly1812
@mr.shelly1812 Месяц назад
Military learned this centuries ago. That is why effective units are always small.
@SurpriseMeJT
@SurpriseMeJT Месяц назад
Yes, private companies not publicly listed ones which are beholden to the financialization economy with all of its fraudulent practices.
@leifelliott1500
@leifelliott1500 Месяц назад
8:03 was the funniest moment in a Patrick Boyle video to date. Almost as good as the observation that the line would guarantee every citizen be the furthest possible distance from where they wanted to go.
@maulsrevenge
@maulsrevenge Месяц назад
There’s funnier moments
@niceguydmm
@niceguydmm 26 дней назад
25 years in IT. Its all being outsourced. Lowe's is doing right now with it US staff! They all are doing it. US college students could use those jobs. India people don't spend a dime here!! GREED!
@illiapanchenko598
@illiapanchenko598 21 день назад
Did 10yrs most of them in outsourcing. Those outsourced jobs must be spilling somewhere halfway through as not much reaching the destination. There’s no fun these days anywhere
@micahstrava4503
@micahstrava4503 Месяц назад
I worked in tech for 47 years, starting in 1975. Some pure tech at Data General back in the 80s, but mostly doing IT work in other industries. There was my first gig in the USAF as an ECM tech, office supply wholesaler, a Blue Cross plan, UNUM, contracted with old Coopers and Lybrand, a combination USFHP administrator/regional medical system, a Maine statewide medical provider quality measurement agency, a hospital system in Augusta, Maine and the Maine State Cannabis Office. I know why folks are attracted to a pure tech job, I've been allowed, with good bosses, to explore new tech solutions. It made the time pass while working in some really boring IT jobs. The thing is, I always played it safe in IT. The one pure tech job I had, at Data General, was the most volatile as far as keeping a job. In the summer, we had mandatory shutdowns due to seasonality in orders. And you could read the handwriting on the wall when they built a near-duplicate of our Portsmouth, NH plant in Research Triangle Park in Raleigh Durham. Anyway, my less risky path worked for me.
@linmorell1813
@linmorell1813 Месяц назад
I have had a very similar experience.
@Gronmin
@Gronmin Месяц назад
That was always the kind of career I was more interested in. But I ended up working in test automation for a large bank, which is basically a pure tech job, before I was layed off last year. What do you think I would need to know to make the jump?
@normbograham
@normbograham Месяц назад
We once had a team in place, but they got laid off, and there was an off shore team. But the end client would pay us, as a group, if we formed our own company, and were in business in about a month. I chose NYS, as the place to stage the company, in a remote area of the state. The town put us in court, seriously trying to stop us, as best as I could tell, basically, looking for a crime, I guess, or what was in it for them. They did not want 12, 100K jobs in their area. The internet company could not install internet with an appointment 11 days in the future. The competing company in India, was notified, and we still thought we were in the running, because there is no way, they got internet in India running quicker then us. Nope. The day they were notified, they had internet installed in the early morning hours. They were up and running the next day. (Turns out, the third world country, is the USA, when it comes to installing Internet). We also had one former employee, that was holding out for a higher salary, which was also a stumbling block to putting the team together. Things learned, do not chose to do business in NYS, chose western NJ, at least for a tech company.
@Davethehedgehog
@Davethehedgehog Месяц назад
As someone who got into this industry 25 years ago because they genuinely wanted to do this for a living, rather than because of the salaries, this hurts
@Leonhart_93
@Leonhart_93 Месяц назад
If anything, your type of people are those that will be in half that remain, and the half that were in for money didn't perform as well so they are sooner or later laid off. Tech will always be needed.
@BSP773
@BSP773 Месяц назад
Big mood. I still remember playing Pokemon blue for the first time in ‘98 as a kid and going “I wanna make things with computers”. Now the soul just feels wrung out of the whole tech sector, not to mention the horror stories I’ve heard from FAANGS.
@AlexMax2742
@AlexMax2742 Месяц назад
@@Leonhart_93 That only assumes that the hiring process is good at finding the most effective candidates for the job, or that management can accurately identify who the most valuable members of their workforce. This is demonstrably not true across many industries, not just tech, and it's going to be what kills America's lead in technology.
@honkhonk8009
@honkhonk8009 Месяц назад
Yea same here. I litterally dont see myself doing anything else.
@RobertLutece909
@RobertLutece909 Месяц назад
@@AlexMax2742 There's also a strong bias against older employees in tech. Having been there myself, I strongly advise any tech worker who doesn't go into management to plan out a second career starting around age 50.
@teakaymania
@teakaymania Месяц назад
The mic bit was so good.. Hilarious. The deadpan straight face with garbage in hands.. Perfect.
@catalinavaldivia3730
@catalinavaldivia3730 Месяц назад
I don't get the bit :( can you explain why it's funny? Sorry if this is dumb. It's my first time watching his content and also I'm autistic
@PlanofBattle
@PlanofBattle Месяц назад
@@catalinavaldivia3730 Patrick explains this around 7:40.
@85milesb
@85milesb Месяц назад
Completely agree! I'm a huge Patrick fan so I'm used to his humour and know to expect something hilariously dry but the cut scene with the massive mic had me in utter stitches!! 😂😂👌
@t.hurson2298
@t.hurson2298 22 дня назад
Lost my job because they overhired. They couldn't afford me anymore. Took me 6 months to find a job that wasn't even in my industry that paid well enough to live. (Moved from Weather Model Development to Air Transportation Management)
@Caleb-ft6vj
@Caleb-ft6vj Месяц назад
This may be your best work yet. Holy shit, that mic joke set up was top tier
@MarcosElMalo2
@MarcosElMalo2 Месяц назад
I’m dead. Tell the detectives it was Patrick.
@johnmoorefilm
@johnmoorefilm Месяц назад
😂
@pibyte
@pibyte Месяц назад
At this point I am surprised the tech industry still has people left that it can lay off.
@Gnomezonbacon
@Gnomezonbacon Месяц назад
They're all going to the small and midsize tech companies who aren't laying off like Big Tech is. Lotta tech workers are now avoiding working at Big Tech because of this.
@pibyte
@pibyte Месяц назад
@@Gnomezonbacon I am running a small company. Where do I go?
@seanreynolds1266
@seanreynolds1266 Месяц назад
Even though it can be the most boring work on earth people get into it with the idea that they'll be a video game developer. It sits somewhere between pop star and ice cream flavour tester in people's minds.
@mecanuktutorials6476
@mecanuktutorials6476 Месяц назад
@@seanreynolds1266boring isn’t accurate at all. It’s more hectic and complicated than most people can begin to understand. Programming in modern times is HARD! People get into it for money. Every company was looking for software people over the last 10 years.
@Jacquellynnn
@Jacquellynnn Месяц назад
@@pibyteGovernment
@TheMetatron2
@TheMetatron2 Месяц назад
for a couple of minutes he seemed so relatable....
@flipdbit
@flipdbit Месяц назад
I know! That guy has riz. Pure sigma with that mic!
@swipped99
@swipped99 Месяц назад
​@@flipdbitskibidi drk drk only in ohio
@progpogs
@progpogs Месяц назад
As a FAANG worker, this is really well informed. One thing not mentioned in the video, which is mentioned in comments, is offshoring. Google and Amazon in particular are hiring quite a bit right now.. for new orgs in India.
@RR-us1lt
@RR-us1lt 27 дней назад
The more Indians an American company hires the more nepotism and competency crisis there will be. Indians will only ever hire other Indians.
@AsgerJon
@AsgerJon Месяц назад
Non-tech executive smoothbrains fire those who actually have skills. They will use only AI for the next few years and set everything on fire. RIP
@Snp2024
@Snp2024 Месяц назад
Not going to lie most of AI is absolute garbage they'll end up making a spaghetti code which will go worse and worse as time goes . Though AI will definitely reduce amount of people needed for any work
@gilian2587
@gilian2587 Месяц назад
Then they'll panic and hire anything with a pulse that can code to try and fix it.
@glensmith491
@glensmith491 Месяц назад
​@@gilian2587who will really be hard to find because most of those people would have learned the job by doing the scut work done by AI.
@timop6340
@timop6340 Месяц назад
Good luck hopping in after the ass kissers have been working hard for a while all by themselves after realising the grim reality 😂
@furyofbongos
@furyofbongos Месяц назад
My guess is that AI code will work for a short while, then it will be completely unmaintainable. The code will be so bad, no one would want to work in it. It may actually be literally impossible to work with. Better to just start over with humans who know how to write maintainable, performant and scalable code. I've been a coder for a long time. I've seen some really bad code from humans and I've seen what some big name WYSIWYG platforms spit out. It's crap. I don't think AI will do much better.
@danielarchila738
@danielarchila738 Месяц назад
I worked at Big Tech and just recently left for another position. Partially because yearly layoff rounds became a standard, benefits kept being cut every year very palpably, and leadership was pivoting all over the place. It feels big tech premium employment is on a large decline.
@CollieJenn
@CollieJenn Месяц назад
2:12 ''I get in a cab and head to the office. The subway is scary because there is tons of 'LOWER CLASS' people who don't work in tech !' Quick edit folks: It's the wonderful Kelly Stamp, whom we all love and admire, doing an excellent verbal deadpan parody.
@tvdasala1701
@tvdasala1701 Месяц назад
It's a skit chill
@saininj
@saininj Месяц назад
​@@tvdasala1701I'm glad you clarified that, because tbh, I didn't catch that. 😅
@alaskahudson
@alaskahudson Месяц назад
I caught that. "Lower class". How Charles Dickens.
@santafilipina9020
@santafilipina9020 Месяц назад
That was Kelly Stamp doing a parody.
@abasis.baruti9819
@abasis.baruti9819 Месяц назад
​@@tvdasala1701yo, I'm SO glad you clarified this. I was extra salty about that little gem.
@389293912
@389293912 16 дней назад
From someone who has spent decades in this industry, what's happening is: the suits are realizing that writing custom software is way more expensive than using all the open source software that developers created FOR FREE. So the developers just killed their own futures by giving away their products. This was beneficial at first because it helped write more complex products and the developers got paid to work on the higher abstraction level. But now the really useful products are mostly written.
@ILoveTinfoilHats
@ILoveTinfoilHats Месяц назад
Every single one of those 15k Intel layoffs was not really a "tech layoff" because none of those were tech workers. They were sales, middlemanagers, HR, etc.
@kj_H65f
@kj_H65f Месяц назад
The whole time weve been begging for more hires to work directly on these "ultra important to the future of the company" programs but they hire marketers to lie about what we are behind schedule on because we have no expertise on the real work. Ive been in semiconductor industry for 25 years and its gotten so much worse than it used to be that way. They think it will never happen but keep pushing workers and you'll eventually see a tech worker union.
@Stettafire
@Stettafire Месяц назад
Exactly. TBH if you're competent and don't work like a robot then you're probably safe. And even if you're not, finding a new job isn't that hard if you're good.
@greebj
@greebj Месяц назад
What? That's the story they sell to the market. What happens is the middle managers are told to cut staff and they cut front line staff doing things and shunt the responsibilities onto those who survive And the marketers use their dark arts knowledge of bullshit to convincingly overstate their importance. After all how else do you expect to keep selling for the rest of this year inferior products with a ticking time bomb degradation issue? Engineers with their nasty habit of speaking facts and reality? 😅
@BillLaBrie
@BillLaBrie Месяц назад
They never needed that many people to do actual work. They needed to inflate their headcount to convince Wall Street momentum investors they were big time players. As long as interest rates were zero and they could deduct R+D from taxes, it was a bonanza. Now, gold rush is over.
@bigbarry8343
@bigbarry8343 8 дней назад
I suspect that the number of employees was rapidly inflated to then claim the bonus for each position subsequently outsourced to India. I know for a fact that Indians are paid some $5K, but the company pays $15K per employee, so who is getting the difference? How else would there be so many tech billionaires in India, where 80 sqm flat in Hyderabad costs just $10K to buy?
@BillLaBrie
@BillLaBrie 8 дней назад
@@bigbarry8343 That’s another angle.
@ethanlieske9678
@ethanlieske9678 Месяц назад
15 year SWE here, The bar is getting raised on what employers expect out of engineers. There is a glut of mediocre engineers looking for work while finding talented engineers is just as hard as it always has. The days of doing a 6 month boot camp and getting a 6 figure job are over for the time being.
@applelandry4233
@applelandry4233 Месяц назад
sadly, i don't think that's quite right. I've been in the industry for a little longer than you but we're at the same basic point....there's always been mediocre workers but now they're known quantities and greener developers meet that 3-5 year mid experience requirement. more senior guys don't care about shining as much. the institutional knowledge lost has already happened and now we're left with the newer "senior" guys that never had a work ethic and just looking to ride this into retirement and young guys that don't mind staying up all night to fix their mistakes. i think the shift is in the team dynamics and management is picking up on it now. they're not demanding more, just listening to performers that have been saying "they're dead weight"
@muhdiversity7409
@muhdiversity7409 Месяц назад
I wish them luck dipping into that endless pool of 10x developers while betting they can pay them peanuts while offshoring the roles. And you wonder why software gets worse almost by the month. Those super star 10x developers don't want your shitty job - lets face it most of the jobs are just that, shit. The brighter ones might as well setup shop for themselves, if they make it then good for them.
@Toleich
@Toleich Месяц назад
5 year hiring manager here, Ethan is correct. There's so much rubbish in the market. Unless you're a "big tech company" you can't afford to hire the trash to boost your numbers. Finding talented Engineers has always been hard. On a particularly bad run, I need to interview 30 candidates in order to find one that can even do the job, let alone impress me.
@Scooterzt
@Scooterzt Месяц назад
​@Toleich that's probably said how unprofessional you and your team. I also want to find someone who can do all the work for no money at all. But I meet so many talented developers over the last 10 years and non of them want you shitty legacy job. But majority of work now is shifty legacy maintenance, but you expect rock star, But don't want give him rock star project or at least rock star salary.
@applelandry4233
@applelandry4233 Месяц назад
@@Scooterzt haha i wasn't going to be as aggressive but, yeah. he's talking like so many hiring managers I've heard that don't realize their projects aren't attractive so the don't get quality candidates in the first place. hiring managers think they need to be impressed but don't realize they need to sell themselves and the project. one of the downsides I've seen to senior developers that's been somewhere too long is, they view their project from where it was and don't realize how much has been molded around them. so they see more poor performers because the good ones can spot the problem projects from a mile away. I'm primarily an ms dev and, when i hear no ci/cd or a bunch of buzzwords coupled with hacky explanations on how they made components work together with no licenses or everything was made in house, I'm not impressed.
@salsaman
@salsaman Месяц назад
LMAO "most tech workers under 35 have never seen a job slowdown", oh you sweet, sweet summer children.
@dtemp132
@dtemp132 25 дней назад
Those of us that graduated with bachelor degrees in 2008 are now 38. We and the 2009 grads are probably the youngest that really felt that recession.
@cwash08
@cwash08 8 дней назад
I don't get it. Is a job slowdown supposed to be worn as a badge of honor, or a good thing, or something else? Regardless of industry, I don't see why layoffs are supposed to be anything positive for anyone besides people who want their stock to go up. And I don't see why it is necessary for everyone to experience.
@iTzDritte
@iTzDritte Месяц назад
😂😂😂 I fell over laughing from Patrick holding the over-sized microphone at 8:04 😂😂😂
@furyofbongos
@furyofbongos Месяц назад
And he spoke into one of the elbows of the boom arm stand instead of the mic!
@j.erickson8571
@j.erickson8571 Месяц назад
He is a world-class comedian.
@spoddie
@spoddie Месяц назад
Big Tech hasn't cut jobs. They've moved them off shore by out sourcing to places like Romania and Peru.
@TGWazoo1
@TGWazoo1 Месяц назад
Naw, they cut jobs.
@baddolphin1423
@baddolphin1423 Месяц назад
They've done some cutting in Romania too. The scale is much smaller, but still. Every month this year I read about another few hundred sent home.
@prettybrwneyez7757
@prettybrwneyez7757 28 дней назад
Definitely Romania.
@Ryan-wx1bi
@Ryan-wx1bi Месяц назад
I've noticed a significant dropoff in tech quality lately too. I work in network security and had to replace a few devices because of that whole end of life thing. Get the new devices and have had nothing but issues with the hardware. They keep crashing and failing over. They are at crawling speed sometimes. It even takes up to 20 seconds to putty into the device. The old ones? Same os/software, didnt have any of those issues
@TheMegaberg
@TheMegaberg Месяц назад
Big tech got bloated and over valued. Just the beginning folks
@emilyjones5830
@emilyjones5830 17 дней назад
This is the beginning of the end. The jobs will not come back nor will the economy.
@aricanto1764
@aricanto1764 Месяц назад
Patrick mate, been a while since the algos recommended me one of yours. The dry humour and sheer memery is still unmatched, salute
@dxgm8512
@dxgm8512 Месяц назад
"an ancient company that had been founded all the way back in 1996" lol
@issen2291
@issen2291 Месяц назад
Being a 10+ year Software Engineering vet and having never worked for big tech or anything resembling it, the hiring situation was dire for a few months during late 2023 and very early 2024. It has since quickly recovered and salaries on offer are even slightly higher than during the early pandemic days. Perhaps this is mostly a large cap company phenomenon (and mostly in the US, where I am not based).
@gilian2587
@gilian2587 Месяц назад
"Hope. You can't post that. It ain't edgy enough. Need fear for more clicks."
@roadrunner9622
@roadrunner9622 Месяц назад
"DEI job listings are down 44%." And I bet even the remaining ones are just ghost listings -- posted to make the company look good, with no intent of actually hiring anyone. 😅
@kdeuler
@kdeuler Месяц назад
They say that. a lot of high tech job postings are fake -- just there to fool overworked employees that help is on the way.
@lankeastor512
@lankeastor512 Месяц назад
That, and it gives the impression that the company is growing, which bumps share price. It's sickening.
@sambistabeauty
@sambistabeauty Месяц назад
No it is actually a method of increasing stock value when growth appears, you are hiring
@ayylien3070
@ayylien3070 Месяц назад
I applied for a company that has been posting the same listing over and over again for the past few months. The platform I applied on said at least 70 people applied for the position, and they somehow haven't filled it.
@Russo2024Zir
@Russo2024Zir Месяц назад
If a publicly traded company chooses to outsource to cut cost, start with outsourcing the CEO job.
@dserv
@dserv Месяц назад
They would if they could but they usually can’t find that level of talent abroad.
@AlexIncarnate911
@AlexIncarnate911 Месяц назад
@@dserv”talent” 😂😂
@adriano53071
@adriano53071 Месяц назад
They did it in my company :D
@muradm7748
@muradm7748 Месяц назад
they are changing CEOs like gloves
@Russo2024Zir
@Russo2024Zir Месяц назад
@@muradm7748 If a publicly traded company opts to outsource overseas to reduce expenses, it should begin by outsourcing the CEO position. By saving millions in this manner, the company can maintain the employment of numerous American workers. These employees, in turn, will contribute to the local economy in various ways.
@davidc1878
@davidc1878 Месяц назад
A lot of 'Big Tech' (especially relating to social media and smartphones) evolved in the financial bubble era. Low interest rates, easy credit, massive government spending, expanding central bank balance sheets and the cost-lowering effects of globalization... this was the favourable environment for Big Tech. When you are a child of the Ponzinomics and the Casino era, it becomes difficult to maintain your business when that era starts to implode.
@honkhonk8009
@honkhonk8009 Месяц назад
And surprise surprise, the only ACTUAL tech companies that invent ACTUAL technology, like OpenAI, Tesla, SpaceX, their mysteriously doing well. Google? FAANG? Mysteriously doing bad. Like seriously the NPC class flooding into tech has turned it into a shitshow. Its surprising what actually motivated engineers were able to do.
@piotrd.4850
@piotrd.4850 Месяц назад
People forgot, that app they work on, is only one for them. Now, since every service has 'app for that' and usually done badly, peope are being pushed dozens of apps and auth info into devices. App fatque is real.
@prettybrwneyez7757
@prettybrwneyez7757 28 дней назад
Exactly
@assassins4
@assassins4 Месяц назад
Uh, my brother, whoever told you that our wages in the US are outpacing inflation gave you a load of BS. Im paying 3 times what i used to pay for groceries, $100 to fill up my vehicle each week, and im making 5% more than I did 3 years ago.
@BodyByBenSLC
@BodyByBenSLC Месяц назад
This is very easy to understand. Interest rates were to low for to long. So a CEO could talk a company stock price up and didn't actually have to deliver anything. Now interest rates are around 6% so a company better be bringing in at least 7% to justify the investment. Alot of start ups are going to fail and should.
@TizBaz5
@TizBaz5 Месяц назад
Lol. Anyone else think Microsoft should give their campus back to all those tribes? Just announcing that you took their land doesn't do anything.
@laertesindeed
@laertesindeed Месяц назад
The uncomfortable truth is that some of the tribes in her list actually murdered the other tribes on her list and replaced them, then got replaced by somebody else later on.
@markusgorelli5278
@markusgorelli5278 Месяц назад
@@laertesindeed I was wondering that. Because I know the campus is big - but not that big.
@hollowgonzalo4329
@hollowgonzalo4329 Месяц назад
@TizBaz5 Actually yes i do but only because they were virtue signaling over it probably. Everyone/Corporation that does that should have their property confiscated by a native reservation in the aftermath.
@stuffinsthegreat
@stuffinsthegreat Месяц назад
@@laertesindeed these two things are completely unrelated, actually, but nice to see that willful ignorance to colonial history--yes including colonial violence--is alive and well
@laertesindeed
@laertesindeed Месяц назад
@@stuffinsthegreat What are you even trying to type...? I didn't mention any two things, nor does the fact that some of the tribes in her list murdered the other tribe on the list make any statement whatsoever about colonialism. Quite literally, the land in that region was never held permanently or desired to be held permanently by any tribe that migrated through....and every last one of them were violent. The statement before microsoft meetings was a complete farse that has no understanding of history whatsoever. Assuming that your DEI professor's opinions apply in the past is your ignorance; not ours.
@greenmedic88
@greenmedic88 Месяц назад
Who else misses the times when tech workers could bring their pet ostriches to staff meetings right before playing a game of yoga squash ball in the office indoor squash ball court during their lunch break?
@carolin9876
@carolin9876 Месяц назад
Can't relate. I've always had a grown up programming job rather than a daycare for adults.
@LittySiritty-u4l
@LittySiritty-u4l Месяц назад
Remember how in the 90s we gave China all our manufacturing jobs… the same thing is happening now except all our service jobs are going to India. Hope y’all realize there will no job in the USA. This is the demise of America our companies sold us out.
@prettybrwneyez7757
@prettybrwneyez7757 28 дней назад
💯💯💯
@Private-GtngxNMBKvYzXyPq
@Private-GtngxNMBKvYzXyPq Месяц назад
As long as C-suite ‘compensation’ consists of stock options, the decisions will be based on perverse incentives mostly centered around trying to keep the short term stock price number go up. A minority of them may honestly believe their rationalizations, but the majority don’t even genuinely understand enough about how the sausage gets made to even understand the pretenses behind the hiring or layoffs. It’s just too many lines on too many spreadsheets and they’d rather be playing golf or spending time on their second super yacht.
@yayinternets
@yayinternets Месяц назад
💯. If you've ever worked high enough in a big tech company and see how many mistakes these dumb execs make and never have to be accountable for them, it definitely gives you a bad taste for working at places like that. Even when they totally eff up a company, they still get paid enough to not need to work again. Not even speaking of CEOs specifically, it's usually anyone above Sr Director in general.
@ComradeOgilvy1984
@ComradeOgilvy1984 Месяц назад
Yup. They are laying off people because the stock market rewards them for announcing layoffs. But whether to lay off 1% or 6% or 16% of 60% is the right number -- they have not the slightest clue. What they care about is that at least 6%-7% seems to be a number the stock market likes, regardless of its actual merit. It worked for some other CEO in the industry so that just mimic that behavior mindlessly.
@HornetLarry
@HornetLarry Месяц назад
Jokes on you, my man. Big Tech NEVER wanted me in the first place!
@bubbajones5905
@bubbajones5905 Месяц назад
7:44...."I'm trying to seem relatable,- not to have bad audio." If the whole quantitative finance thing doesn't work for Patrick, he can always do stand up.
@capn_shawn
@capn_shawn Месяц назад
The definition of “not actually needed” is being employee #36549 out of 50,000. You could literally catch fire in your cube and product will continue to ship with 0.00000% setback
@edwardk3
@edwardk3 29 дней назад
You don't sound like a team player
@capn_shawn
@capn_shawn 29 дней назад
@@edwardk3 I love my team…. Of 10 people
@edwardk3
@edwardk3 29 дней назад
But how many of them are women?
@capn_shawn
@capn_shawn 29 дней назад
@@edwardk3 Don't have any idea what this has to do with my comment, but I've hired every single one that has submitted a resume in the past 10 years.
@edwardk3
@edwardk3 29 дней назад
​@@capn_shawn well good! Good for your team. Women should be hired! I'm glad. Why are you doubting me? I would hire any women as well!!!
@rerun374
@rerun374 Месяц назад
This land I am commenting from was traditionally Umbrian. Then Etruscan, Roman, Goth…
@johnyewtube2286
@johnyewtube2286 Месяц назад
Mfw no cute Goth gf. :(
@HansLasser
@HansLasser Месяц назад
What was once Roman is quite extended.
@markanquoe2612
@markanquoe2612 Месяц назад
Yep. Those examples are perfectly, 100% comparable. There is no way one could possibly use the term “ignorant pricks” to describe you guys anymore than with this Patrick “genocide is hilarious” Boyle.
@Maisonier
@Maisonier Месяц назад
At almost 36 years old, I believe I should NEVER have studied computer science. I should have become a carpenter or a mechanic.
@piotrd.4850
@piotrd.4850 Месяц назад
Why not both? IT wage shoud allow you to furnish yourself with skills and tools for woodworking.
@normbograham
@normbograham Месяц назад
I started out as an electrician's apprentice. My former electrical coworkers, retired 10 years ago. I'm still trying to work.
@SlavTiger
@SlavTiger Месяц назад
Could still do electrician.
@koro287
@koro287 Месяц назад
Go the carpenter,learn your trade,build your own house,save thousands,grow safe equity.
@Battleneter
@Battleneter Месяц назад
Yep especially with AI breathing down our necks, the high paying Jobs will soon be be blue collar jobs, simple supply and demand.
@timyoung6495
@timyoung6495 Месяц назад
Your mic holding game is on point! This wins the internet! 😂
@anson1418
@anson1418 Месяц назад
I can't stop laughing when Patrick start holding the massive mic and the support bars in front of the camera to "show relatability"
@2rx_bni
@2rx_bni Месяц назад
Intel literally has had SEVERE data issues with their 13th and 14th generation PC chips and 13th generation mobile chips, Meta has become the poster child for evil corporations, Silicon Valley has destroyed the landscape of the Bay Area to be unrecognizable and unaffordable to those of us from the area, and a LOT of people are pissed off at Microsoft. Big tech was never any of this and those of us who knew tried to tell people and were called negative. This was a bubble bursting. Plain and simple. Like Enron but everyone not just one utility brand. There are still jobs in tech. You just have to be creative about it. Don't give up. Just also don't get a comp sci degree unless you enjoy doing people management or plan to go into industrial manufacture. My father did and he feels trapped at his age and because the company paid for his master's degree.
@WillyJaheruddin
@WillyJaheruddin Месяц назад
The 2008 Financial crisis has never been solved, they have just pushed some other crises over it, but it now coming out.
@OverG88
@OverG88 Месяц назад
This! Housing crisis probably being the most obvious.
@disguysn
@disguysn Месяц назад
I've been saying this for a couple of years now. We're in the "find out" phase of what happens when you f around for 16 years.
@carsonrowe8948
@carsonrowe8948 Месяц назад
@@disguysnyeah can’t believe what we have done with borrowing.
@saltymonke3682
@saltymonke3682 Месяц назад
Not only 2008, but the confusion of policy orientation after it. Governments all over the world push too much BS wasteful energy policy.
@normbograham
@normbograham Месяц назад
@@disguysn A major retailer asked their offshore group, to upgrade their SSL, and the offshore group said it would be a year long contract (which was a lie). The company realized, they were losing touch with tech, by relying on their offshore group too much. So, instead they hired 6+ contract workers for the year long contract, to do it in house. I was one. But, 20 minutes into the first day, we found the bug in their software, and then their existing software worked with the SSL upgrade. We decided to let the management know, even though, we just ended our year long contract. But management was ANGRY, because, without people under them, they would make less. So, they let us go after 11 days, but they were all angry, and hired the offshore group again, the one that was trying to scam them for more money. Management needed to manage more people and spend more, even if the work was fake.
@zg-it
@zg-it Месяц назад
As an Independent IT consultant/Fractional CIO, I've never been busier. I manage IT and improve information infrastructure for small businesses. They can't afford to hire a full-time CIO or CTO and they can't rely on savvy employees to manage their IT.
@litical3719
@litical3719 Месяц назад
I think the reality is the fluff tech jobs got taken out . People who actually have valuable skills will always be in business regardless of recession. It is literally just natural selection
@NoauticHound
@NoauticHound Месяц назад
What about newbies trying to break into the market?
@cwt4560
@cwt4560 Месяц назад
And I am an independent CEO consultant to Apple
@zg-it
@zg-it Месяц назад
@@cwt4560 small businesses hire what are called fractional CIOs. Basically a part time CIO since they don't need or can't afford a full time CIO. I improve their information infrastructure and manage their IT as well.
@zg-it
@zg-it Месяц назад
@@cwt4560 Impressive. I'm just a lowly fractional CIO working for small firms. I don't work on Apple products though. You should get better at Enterprise. Tell Tim.
@digitalportraitist
@digitalportraitist Месяц назад
OMG the 🎤 stand was hilarious. If I could only write a book about my ten years at Amazon no one would believe it.
@prettybrwneyez7757
@prettybrwneyez7757 28 дней назад
I would. Amazon is a horrible company to work for
@sleeplezznightz
@sleeplezznightz Месяц назад
Fyi, the laundry service is just dry cleaning. Its not free. But you can drop off and pick up your dry cleaning in the office. Which can be convenient. The gym and fruit snacks are free (not any more) and the onsite nurse? Etc have been downsized awhile ago.
@dlxmarks
@dlxmarks Месяц назад
At Google, the laundry perk is free to use laundry rooms in each building. In my experience, the biggest users were the housekeeping staff especially on weekends when they and their closest 10 friends and relatives would occupy every machine.
@sleeplezznightz
@sleeplezznightz Месяц назад
@@dlxmarks Oh I thought he meant Intel. Yea, keeping and maintaining laundry machines onsite is wild. At least the gym is still there. Probably the most underrated perk
@AwfulWaffle8474
@AwfulWaffle8474 Месяц назад
my sister works at a big tech firm and she would see people do the "day in the life" posts and she knew it would be the downfall of the industry.
@prettybrwneyez7757
@prettybrwneyez7757 28 дней назад
I said that as soon as I saw it
@ckmondaviable
@ckmondaviable Месяц назад
Eli the computer guy introduced me to this channel. And I have to agree with him, these layoffs are because of rising interest rates and over hiring more than AI.
@prettybrwneyez7757
@prettybrwneyez7757 28 дней назад
As someone who just quit a tech job, I can tell you the real reason. They are hiring people in India and other parts of Asia to do your job because they don’t want to pay Americans. Even though they know the quality of work isn’t the same, they don’t care. They rather pay them pennies on a dollar than pay Americans 100k plus a year.
@Apache1970
@Apache1970 28 дней назад
@@prettybrwneyez7757 Son, they are only outsourcing low end jobs. You are here crying for low end jobs, which are easily replaceable by someone in Asia at a lower pay. That means you need to skill up instead of looking down on others. Quit complaining Truck driver boy. 😆
@madukamagica
@madukamagica 23 дня назад
⁠@@Apache1970Son, my corporate bootlicking brother in Christ, if you take 3 rungs off a ladder it becomes significantly harder to climb. People skill up best on the job. Never-mind the ethics of outsourcing, who wants to get into that…
@Juan_deep
@Juan_deep 22 дня назад
@@Apache1970 wait in a couple years when they rack up the experience and knowledge of this in india and china it's only going to get worse
@IsaiahSmalley
@IsaiahSmalley Месяц назад
Best Economic comedy channel on the internet.
@maifantasia3650
@maifantasia3650 Месяц назад
Economics? It's a rap news channel.
@q45ij54q
@q45ij54q Месяц назад
Patrick and Ryan George are the two best channels on YT. 😂
@JonoSSD
@JonoSSD Месяц назад
Greed and stupidity. The myth of infinite growth will eventually topple the whole economy, including these arrogant tech billionaires. I just wish it wouldn't take us all in the process.
@_oe_o_e_
@_oe_o_e_ Месяц назад
That spitting image puppet of Zuck was HORRIFYING
@magesalmanac6424
@magesalmanac6424 Месяц назад
What do you mean? That was actually him.
@_oe_o_e_
@_oe_o_e_ Месяц назад
@@magesalmanac6424 ya know what, you’re right, it was very rude of me to assume that from seeing those lifeless eyes.
@maltlickytexas
@maltlickytexas Месяц назад
In Zuck, I trust.😂
@CrisWhetstone
@CrisWhetstone Месяц назад
"We will only promote diversity programs when we can borrow money for free" is yet another fantastic indictment of American corporatism.
@MiniSage
@MiniSage Месяц назад
as a youth audience, I can safely say that this is the most relatable channel on RU-vid now.
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