Comment on Microsoft laying off about 6,000 people, or 3% of its workforce
Ledericas@lemm.ee 10 hours agois it still hard? even with layoffs, people can get some jobs, eventhough not as high as income as before.
cant say the same for other stem industries, where its already very difficult to get a job in the field prior to even the pandemic. im guessing with all the funding being cut from the sciences , universities might be suffering as are biotech jobs(which are limited and gatekeeped on purpose)
AmbiguousProps@lemmy.today 9 hours ago
It is, at least in my experience. My recently laid off colleagues have been trying to find work for months, some of whom have been applying for jobs that would require pay cuts. Pretty much every job listing in the tech space gets hundreds if not thousands of applicants because the layoffs have not stopped for three years. You can see what I mean at layoffs.fyi. In tech, 60,000 so far this year, 153,000 in 2024, 264,000 in 2023, and 165,000 in 2022.
That’s not even counting those that graduated in the last couple of years. Those people are in an extra bad spot because they have a large amount of college debt with no way to make their payments.
All of STEM is suffering because of corporate greed and rising anti-intellectualism.
Ledericas@lemm.ee 9 hours ago
oh yea, i feel sorry for HS and recent grads, especially people in CS, i known about cs problems for a decade. most graduates from my non-prestigious state school are mostly CS majors, and they all complained about the lack of jobs. Biotech is just wierd in general , must have wet lab work prior to graduation, and then all the bs with applying.
My bro was laid off in 23, his degree was a wierd hybrid of some programming and tech related, so he dint find a job for a whole year, then landed a very high income job early last decade, until '23, and he hasnt found a job since after the layoff, and is living off of the severance, he hasnt shown interest in finding another job though. my other bro is still in his tech job luckily, they hadnt done massive layoffs yet.
rottingleaf@lemmy.world 4 hours ago
How do I say that even … it’s normal. When you are talking about infinite growth being unsustainable, that means that at some point the industry should implode.
They have sort of an oligopoly and stagnation now, which is why all these layoffs happen - the “AI” solves some problems cheaper than people, even accounting for the worse results.
But if we imagine the industry suddenly destroying that oligopoly and becoming interesting again, it still would require less people.
AmbiguousProps@lemmy.today 1 hour ago
I’m not saying there wouldn’t be layoffs without it, but it certainly would be better. I know from experience that a lot of the people that were laid off were a critical part of the team, and those that remained had to bare that load. It has burned me out several times, because I’m doing work that should be done by two or three people.
rottingleaf@lemmy.world 54 minutes ago
Then it’ll even out after some time.