Layoffs22mo
by FuzzyRaccoonMedical Expert
Job market normalizing?
What's your thought on whether the job market is on a trend towards normalizing versus previous quarters? When do you think market will be back to normal?
Layoffs
on
SleepyWalrus
When this layoffs time will go away .
When the market will stable , when this layoff period will go away ? Any thought 🤔
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SquishyDonut
Stealth24mo
Tech sector is highly overpaid, overhired. Adjustment has just begun, wait for US recession by end of this year. Worse is yet to come
SwirlyRaccoon
Target24mo
It might take some more time. Also, in India, supply is very high.
In my opinion, all the edtechs or youtubers are dumping truck loads of web developers who will just churn out HTML, CSS, JavaScript and maybe React.
Good software engineers are relatively less as well. I always feel that most of the students or early career folks see the high salary and then they want the same. They wouldn't mind doing it as long as they get good money (I won't say that it's wrong).
There will be a ton of fancy start-ups, but deep tech startups are very less in India. This could be one of the reason 💁🏻♂️
WobblyNugget
Swiggy24mo
Only until is right parity in supply and demand. Low quality with high salary is the market. Top talents will remain an others will fall until we reach the salary to quality of work in balance.
SquishyDonut
Stealth24mo
Low quality with high salary is a big problem. When you take interviews you understand how little some folks know and how much they were earning.
GroovyMarshmallow
Stealth24mo
End of ‘24 start of ‘25 might go till mid ‘25
JumpyHamster
Stealth24mo
Mid 2025..for sure.
If you are average, try to become expert by building of lot things on side and make money so when boom comes you will be the top to be selected.
Conserve cash and save more during recession don't take a lot of debt.
SleepyMarshmallow
Kantar24mo
The tech Bubble has just started to burst. Like, during 2008 recession, and as shown in the movie ‘The Big Short’ where it was the housing market bubble, similarly the Tech Bubble which has gotten bigger over the years is now just started to burst and will have to run its course for, say, at least 1.5-2 years.
JumpyUnicorn
Stealth24mo
when startup ecosystem and tech will be down to earth. Start creating real value.
FluffyNugget
Plivo24mo
When ppl with money & power think it’s ok
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Layoffs24mo
by FluffyBobaSoftware Engineer
What triggered layoffs ?
Being an investor in equity markets, i was aware of the fact that US market will crash as the free money by fed draws back. I obviously was not able to link this up with the funding dry-ness.
I still expect a founder to be aware of th...
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Let me explain in detail. There are two parts to it and can be broken down basis PnL 1. Revenues : Sudden jump in...
by SquishyMarshmallowIBM
When will the market be up?
When can we expect the market to be up and we get the calls for hiring? Currently, hardly any interview calls are approached.
Layoffs15mo
by WobblyJellybeanSoftware Engineer
When will these layoffs trend end?
If you follow layoffs.fyi, you can see the number of layoffs happened in Jan 24 is closed to Mar 23. It’s almost been 1.5 yrs since layoffs trend started. UK & Japan went to recession tomorrow.
Top comment
Either feds revise the interest rate or this AI shit goes to trash. But neither of them are happening before 2025. 🐦😔