"If you fart alone, you're a villain. But if you fart in solidarity, with the people, now you're suddenly a victim and farting is an act of protest." -Joma the wise, circa 2023
"People rather be poor together than feel left behind by everyone else getting rich" Joma sums up the VC trends, wall street, and human greed casually😂
I had that kind of job (well, SWE instead of PM, but it doesn’t make a difference in this context) and nobody I worked with was like this. Man, that tiktok was the douchiest thing I’ve seen all day. I already felt bad enough about the gentrification; why would I want to intentionally cultivate _more_ resentment?
The reality is most people need their job and do at least some average work for it. Even if you earn well at a tech company it's still rent, bills, and maybe a bit of fun but employees are never going to be rich unless top management. It always sucks to get fired because you immediately think of your rent and living expenses. So yes, companies should be a LOT more thoughtful of making sure they do their best to keep their employees unless you really fuck something up (or give you a half year's wage when they let you go so you cans till sleep well the next night).
@@bencze465 nah companies can fire employees who make day in the life type of videos. They are the reasone people who actually do the work have work harder, in most big companies a smaller % of employees does almost all the work and the rest almost do nothing, but look busy.
That was incredibly informative form both a tech company perspective, a start up perspective, and an economic perspective, all condensed into something understandable and easy to digest. Something like this once a week or every two weeks about what’s happening in the tech world I think would skyrocket in popularity
I am just gonna like your not funny comment because I feel pity for someone who become famous with doing something and now cannot do it ( being funny for your case ).
Honestly I just hope that this gives some awareness and perspective to students planning to work in the Industry. I've graduated from a pretty strong and competitive engineering university, and the toxic hivemind of "cali or bust," or "I HAVE to work at the big 4" is suffocating and kinda sad. It's so engraved into the culture that working at these giant corporations or unicorn start ups is the "way to go," but the vast majority of students I've talked to who had this goal were extremely short sighted. It's not like they have legitimate reasons to want to work at Google, Meta, or Microsoft. They want to work there because it's prestigious and "the thing to do." In my view, these students are WILLINGLY letting themselves become exploitable code monkey resources to corporates. Companies hire when they have the resources, and they fire when they don't. Of course hoards of these young, misguided, ambitious talents would be taken advantage of by the biggest tech giants. The idea that your worth is based on where you work, and what degree you have, has to be discarded. Please live with your life with more value.
Imagine if they used their talents to actually make the world a better place instead of chasing material wealth or the "prestige" of working for exploitative corporations. We should all be ashamed for being so impressed by people who are driven by greed.
Prestigious schools and companies are sadly an Asian mindset where we like to show off to our families, of how successful our family became after sacrificing a lot moving over here and shit.
When I am finished with Uni I just want to get to work in a company which pays decently (doesn't need to be a lot but should be enough to live comfortably), doesn't treat its employees like some throw-away thing and an ok work environment. Luckily I live in Germany and as such the chances to find such a company are a lot higher than in the USA.
I love how Joma uses child-like drawings and memes to educate people on serious topics is an innovative and entertaining way of conveying information. -let me revise guys
I really like the new format. I can see it's not quite there yet, but I really like this kinda serious style with perfectly fitted jokes, illustrated with real clips. Also, thank you for the slower paced narrative, so much nicer than 1-minute videos with 100 words per second
Big plus one. The humor came at the perfect moments to keep things light without distracting from the weight of the content. In fact, it often underscored the points being made.
To be fair, I think this content is more sustainable than some other videos based on pure creativity. Probably wouldn't get as many views as not everyone is into the very details of why shit happened but I personally think this is a good transition. Keep up and looking forward to more videos from you! 😀
I agree with everything you said and this was expected I mean we saw it in 2008 recession now the weird part is that we know how things works in companies like these and we know also that they use the leverage based on pure greed...and yet engineers still dream working there and keep fueling the system through the same company that will help producing more of these patterns.
I emailed him via corporate email to be his musical composer back when he was still working at Google and he never responded. Then he quit like 2 weeks later
@@MaxLohMusic My guy, do you have any idea how many emails he must get?? There's absolutely no way he could read through them all even if he tried. If you're a successful RU-vidr, you gotta draw a line somewhere or you won't even have time to put out content
Love the new format. You go further than the typical surface level newspiece fluff and break down the 'why' to these topics. Super informative and easily digestible, genuinely love to see more of this!!
It happened to me i received an email from my boss saying he wanted to talk to me personally and i went to the office the next day there in the office they said to me they wanted to cut relashions with me it wasnt by my performance just for budget issues. I really gave my heart to my job cause i liked it and this left me with a heavy heart.
"Though it was their mismanagement of their leverage, the employees are the ones who had to pay the price." This is the sentence that i like the most in this video 🤟
Exactly. And that Start-ups revenues couldn’t keep up with their spend, makes so much sense. So all the hiring they did over 2020 in 2021, they realised shit were blowing expenses in areas of the business which aren’t necessary and adding value to our top line revenue and bottom line.
@@mikedv7954 If you sincerely believe capitalism is the best system in the world, you might be the brainwashed one Mike. A mix of socialism and capitalism like many Scandinavian countries practice is likely closest to the answer of what is best for large populations of human beings.
These videos are fantastic! It's really great to hear about this stuff from someone else in the tech industry who knows what the actual engineers go through day to day. I feel like I'm watching a tech news bit on the Colbert Report or something, and I love it!
Joma - I really like this new format! Informative on a topic I’m interested in, doesn’t feel super opinionated, and still engaging and visual. Cheers to new directions!
Amazing man, you were extremely on point, did not waver far too away from the topic and still brought out humour here and there while explaining the situation perfectly!! More of this!!
I love that you kept your character in this new format. Was expecting the well delivered jokes and pleasantly surprised at the content presented. The slower pace of delivery plus the full length of example clips, mmmm perfecto.
During the recession of 2009, the same thing happened to our tech company-huge and international and was there before FAANG was a thing. The same also happens with most of my freelance jobs before. You just wake up without access to anything and warning. I think young people in tech are not used to this and are not aware something like this can happen, especially if they feel privileged and comfortable working in a big tech company.
all this makes me realize is you're still a small wage employee/cog in a gigantic machine and you mean almost nothing. And to actually "make it" is to not have your job and life in the hands of random financial giants who change their decisions on a whim.
@@mog7501 I actually agree with you. I’m now working for a better company (thank God) that worked so hard to keep its employee during the pandemic. I think it’s not really about working for a big or small company, as long as your boss sees you as his slave, he can easily kick you out if the need arises.
no job is guaranteed. anyone who's able to secure a position in one company for the majority of their career is an exception. You are your best asset. when a company can longer afford you, you may walk away knowing that you are taking your worth with you and providing it elsewhere. your income and company does not define you. the sooner you let it go the easier life gets.
@@mattiaslp9645 That tiktoker was/is a douche. Nobody I worked with was like that. Although I don’t need your sympathy, the job really is soul-crushing sometimes for some folks. Saying, “Meh, I don’t feel bad for these people” just makes you seem resentful.
😁Wow, you do such an excellent job of unpacking a complex situation in a way that's easy to understand while keeping it genuinely fun & humorous at the same time.
One of the best videos i've seen from you honestly. Easily digestible and very informative without losing your sense of humour. Great work and on-brand for the channel!
Woooooow this is such great content! I'm especially happy that compared to other available talk shows/ late night shows, Joma Tech is one of the few with a clear focus on tech, allowing the content to dig much deeper where you actually learn things beyond the news itself!! I recommend Joma explore possibilities of combining short storytelling scripts with this talk show format, a little like the daily show respondent special content, but with a special touch of the Joma humor (e.g. playing a character related to the news behind a green screen). Overall, this was so good! looking forward for the next video
It's a great video Joma. I love this format especially the insider details. Layoffs is a big problem but the way you handled the news, feels energizing. Good work! 👍
@joma this was THE BEST EXPLANATION for the layoffs and economic conditions I have ever seen. So simple and understandable because of you! Looking forward to more content like this 🎉
Having been in management of staffing for nearly 35 years, I can tell you, firing someone is the worst thing you have to do. So to avoid this, you keep you staff lean. Big Tech ignored this simple tactic.
The team I currently work with is extremely lean but it works. The team I previously worked with hired 20/40 people in less than 8 months. I was laid-off due to cost cutting directives. Lean = better
I was recently TUPE’d. A term in the UK which means Transfer Under Protection. My company told me they had to let go, and this was the only way I could keep a job. I will soon work at a new company with the same pay, discounts of my old company. I am incredibly grateful, and saddened to see the amount of lay offs
wow this is so deep.. and so true at the same time. I don't really get people buying hype things that doesn't really have intrinsic value on its own, you seems to capture all this really well.
This was so damn gooood! Super interesting content, well structured and the humor was amazing, the train-butt scene from drawn together caught me so off guard I was dying of laughter.
My favorite tech youtuber by FAR. All the others keep tryna either sell me things like their bogus courses or capitalize off of negativity. Funny, well made and most importantly very informative. Keep doing what you're doing Joma! Love the content. Hope you don't sell out like the rest!
I’ve watched your videos before, but I’ve never really engaged with them. As an SWE who’s company just had layoffs I found this one super informative and worthwhile. Hope to see more like this!
Dude, I love the way you express yourself... even on the economics aspect, you did a great job. As an ex financial advisor, I highly recommend seeing this video to understand what is going to come :) Hope to see more videos like this one. Hug from Spain
Love the new format. I was actually very articulate and well reasoned, I’ve been trying to explain some of the stuff to my non-technical friends, and family… Your explanation is way better.
I got let go last year. Best thing ever happened to me so far. Because I felt too comfortable with my job my life, I felt like I was just zombie-ing through everything. I knew I wanted to try something new, to restart the fire in my life, but I didn't have the motivation to take action. My company did what I didn't have the courage to do. Afterwards, I just take the opportunity to change my attitude and my life style, basically fully embrace the change. I understand that getting laid off is especially horrible for those who don't have the finance to survive. But this is a great + tough opportunity to finally learn that you should never be too comfortable with your career, your company, or even your life. Reality changes at a moment's notice and doesn't give a damn about your tender sentiment. Those who embrace changes the fastest, survive better. You may call this toxic darwinism, but that's the reality especially in highly capitalistic country like US.
real thats why you dont leave your life in the past you move on time cant be wasted wwhat has happened has happened it ccant be change anyone that has time to sob and be in denial, would be in denial forever skip that and move on to the next stage
I was also zombie-ing my way through life. Quitting my job a year ago has had its ups and downs, but life is far more interesting now, and I am enabling future success as an entrepreneur and consultant. It has forced me to consider things I was always too scared to do. Everyone needs to take a leap of faith at some point in their life. It is not easy, but it's worth it.
It's pretty much the same everywhere for layoffs. At Meta, there was a leak, so people were prepared, but no one was informed of anything. I guess it was more shocking at Google because they kept it hidden until the day they actually did the layoffs.
So ive slowly been working towards my computer science degree and these layoffs really made me feel like I wasted my time. Hopefully things get better but for now I'll be applying to learn to be a service technician, one of my goals was to work with EV's and learn how to write software for cars
Don't panic over these regularly occurring economic events - by the time you finish your CS studies the tech job market will have recovered. 2000-2002 Dot-com Crash tech jobs were bad for a couple years after. 2007-2009 Subprime mortgage crisis, same. Now we're at the end of another boom, and it will take a couple of years to sort it out.
I was recently laid off as a software engineer. While I was not happy about the news, I think back to all my decisions I made during the last 5 years… I saved as much money as possible (saving 60% of my salary was pretty normal month for me), I lived frugally, I did not buy expensive things, I invested my money wisely, and I have 0 debt. My dad and I would talk about how the economy is way worse than people realize and we were certainly correct. For those who spent their money like water, and took out lots of debt for fancy things, the day of reckoning is here. Better hope you do not get laid off. For those of us who remained financially diligent even in good times, we shall reap the rewards. As the old saying goes… A fool and their money are easily parted. This includes most software engineers.
The alternative to surprise layoffs is worse, you spend sleepless nights waiting for the announced date, and then hours refreshing your mailbox until they tell you they are done firing.
Love to hear your perspective Joma! Would be happy to see more. I think that on the segments where you play a TikTok/show an animation, it would help to not have your face disappear from the screen for ~30 seconds. When it comes to RU-vid news videos, I find the less edited/one-take content to be a lot more authentic + trustworthy. Even if your facecam is going to sit idly for the time the clip plays, there's a lot to gain from your reactions / immediate remarks; it's especially true when you play popular clips that some people have seen before. Just my two cents from someone who watches a lot of MoistCritical / Mogul Mail.
Joma I hadn't seen your videos in a while, I unsuscribed some time ago since I didn't like the direction your content was going but after seeing this I had to suscribe once again. This is a very cool format, keep it up.
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Tesla did the exact same thing to my daughter as to this young lady. No matter what, you have to save 3 months of wages and take your UI checks. THESE COMPANIES ARE NOT YOUR FRIENDS. As a single person, you actually need 6 months saved. Besides paying debts, this is your first priority with your next position. Constantly educate yourself. You will most likely be laid off, fired, and quitting many more jobs in your life.
“Their employees had to pay the price”. Not true! They were the primary beneficiaries. They did enjoy high salaries and a work life with zero responsibility. And it is not true that the selection was random. Mostly the bullshit jobs had to go, which is a good and reasonable thing to do anyways.
Stupid salaries and buffets at works, and they try to play the victim card? Tech workers just experienced one of the best job markets in history and are complaining it's over.
I am a computer science major, and it still makes me so happy to see these lazy "day in the life" people get laid off after literally providing no value to the company. As it turns out, you actually have to work hard to make good money!!! Welcome back to reality Tik-Tokers!!
I remember when I said on of the videos of this channel how people should be careful of the "There is enough jobs for everyone, lets all become software developers" mentality. I was accused of being a bad coder and that there is enough for everyone. I say it again, Tech is over hiring, non tech companies are over hiring and what goes up must eventually come down. With how easy it is to learn how to code nowadays I recommend everyone who believes the 6 digit salary dream to take it with a grain of salt. I am in the Industry and have seen companies implode from over hiring, I saw it at Facebook in Austin and it made the headlines. We are in a trend where Managers always say hiring more is a good thing, and then none has any work to do which makes managers start micromanaging employees and everything becomes stressful. I worked there and got out in time.
To be fair, if a company is doing a mass layoff, they legally aren't allowed to base it on performance. They lay people off by eliminating certain roles, but if multiple people are in the same role on the same time the layoffs have to be random. Companies don't always follow these rules since it's hard to prove when they break them, but the layoffs at Google feeling somewhat random is actually expected if everything is above board.
Hey Joma, glad to see this is still working for you. Really like this format. Your dry wit works well with the visuals (aka dank memes? No idea, guess I'm old)
I was doing Tech support at the time at Amazon around that time... it was gut wrenching with the amount of people wondering why they lost access suddenly, it was a terrible time being the first line of contact for people 😞
Leverage has to do with a capital structure's mix of debt and equity. That's not what the tech companies did wrong. The problem was simply that they expected continued revenue growth on track with what they'd seen through Covid and that didn't occur. So they had a bloated cost structure -- too many mouths to feed and not enough food being brought in. This was mismanagement of human capital, not of leverage. Over-hiring, not imprudent financing.
at the end of the day it still benefits the employee. if companies DIDN"T overhire, the same people who got laid off wouldn't have collected a nice salary/benefits for the time they were employed nor given a shot to do better. + severance. a 23 year old being laid off from meta after 1-2 years is better than a 23 year old working some shittier job at a much lower pay for 1-2 years
WOw that is so insightful and educational teaching us how big corps work, its amazing that you not only are a tech genius but know so much about economy as well!
I remember a year ago I made a comment on Reddit that if you're job was remote you were more expendable then you realize. All I got was snark then, now well....
