Its all fun and games til people realize they have nothing to lose.
kabir_khalsa1 month, 2 weeks ago
We will always have Office Space (1999)!
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meganmccarthy2681 month, 2 weeks ago
Just like in the movie Wall Street "Greed is Good". Companies realized that they can push people to work harder for cheaper rates if they eliminate all other options to them. So remaining employees must now work harder like slaves or else.
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ayushman.chaudry1 month, 2 weeks ago
Love love this video. Actually really love all your videos. Straight to the point! No bullshit! Keep it up Eli.
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lucieadam191 month, 2 weeks ago
you mean it scales logarithmically
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jamesrune241 month, 2 weeks ago
Indeed - when so-called "smartphones" started ICT / related careers fell flat.
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kevin.brown1 month, 2 weeks ago
I want some of whatever this guy is taking.
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eshana.modi1 month, 3 weeks ago
Things are bad and they're getting worse, ... which seems to have been the norm since the dawn of time.
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brendanhollow271 month, 3 weeks ago
The real question is what is the geographic distribution of these layoffs and what about the housing market in those regions. Meta expenses are the monthly mortgage payments for banks and servicers.
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grégoire_louis1 month, 3 weeks ago
Its a bad time to be a software engineer
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thomastempest621 month, 3 weeks ago
Now imagine being Iranian abroad but literally every person you care about living in Iran... and you're a recent graduate with less than 1 years of work experience in tech in a job that is very easy to be replaced by AI and you have very little saved up and you're all alone.
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gaelhenriquedapaz4051 month, 3 weeks ago
I've never understood netflix - they have 2,000 software engineers. The have a stable interface that has worked for over a decade, how many of those 2000 software guys are sitting on their hands collecting a paycheck, hiding the targets on their worthless backs.
revadawn741 month, 3 weeks ago
Brutal but hard truth.
tracey_ramos1 month, 3 weeks ago
Can't opt-out of employee's training their internal models either lol
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christy_cooper1 month, 3 weeks ago
When you keep allowing bigger companies acquire every startup, so as to prevent future competition, you limit growth, and prospects of job creation. One large company acquiring 3 startups will focus on vertical integration, and streamlining, while startups allowed to independently scale will scale exponentially with respect to job creation, and otherwise.
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heathermerritt951 month, 3 weeks ago
If "back in your day" means 15-20 years ago, then your experience is not congruent with how things are done today, so of course you don't understand. I witnessed first hand how an entire team of competent software engineers (about 15 people) was fired simply because some mid managers decided that they will simply "relocate" the project in India for a fraction of the previous budget.
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rafaél_gastélum1 month, 3 weeks ago
😢
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jenniferfoley3281 month, 3 weeks ago
It’s an excuse for them offshore jobs smh 😢
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victoria_elliott1 month, 3 weeks ago
wow its been ages I saw your channel. You were cornerstone in shaping my career in Tech 😃
Good channel !
Its all fun and games til people realize they have nothing to lose.
We will always have Office Space (1999)!
Just like in the movie Wall Street "Greed is Good". Companies realized that they can push people to work harder for cheaper rates if they eliminate all other options to them. So remaining employees must now work harder like slaves or else.
Love love this video. Actually really love all your videos. Straight to the point! No bullshit! Keep it up Eli.
you mean it scales logarithmically
Indeed - when so-called "smartphones" started ICT / related careers fell flat.
I want some of whatever this guy is taking.
Things are bad and they're getting worse, ... which seems to have been the norm since the dawn of time.
The real question is what is the geographic distribution of these layoffs and what about the housing market in those regions. Meta expenses are the monthly mortgage payments for banks and servicers.
Its a bad time to be a software engineer
Now imagine being Iranian abroad but literally every person you care about living in Iran... and you're a recent graduate with less than 1 years of work experience in tech in a job that is very easy to be replaced by AI and you have very little saved up and you're all alone.
I've never understood netflix - they have 2,000 software engineers. The have a stable interface that has worked for over a decade, how many of those 2000 software guys are sitting on their hands collecting a paycheck, hiding the targets on their worthless backs.
Brutal but hard truth.
Can't opt-out of employee's training their internal models either lol
When you keep allowing bigger companies acquire every startup, so as to prevent future competition, you limit growth, and prospects of job creation. One large company acquiring 3 startups will focus on vertical integration, and streamlining, while startups allowed to independently scale will scale exponentially with respect to job creation, and otherwise.
If "back in your day" means 15-20 years ago, then your experience is not congruent with how things are done today, so of course you don't understand. I witnessed first hand how an entire team of competent software engineers (about 15 people) was fired simply because some mid managers decided that they will simply "relocate" the project in India for a fraction of the previous budget.
😢
It’s an excuse for them offshore jobs smh 😢
wow its been ages I saw your channel. You were cornerstone in shaping my career in Tech 😃