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Official 2022 Retrechment thread

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  #51 (permalink)  
Old 22-06-2022, 10:39 PM
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all these jelly ppl Faang rejects fearmongering. must be rejected thats why salty

swes are irreplaceable one. wont get laid off one. in this modern day and age every company deploys tech. cs is the new iron rice bowl. cs = computer science, not civil service!

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  #52 (permalink)  
Old 23-06-2022, 08:06 AM
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all these jelly ppl Faang rejects fearmongering. must be rejected thats why salty

swes are irreplaceable one. wont get laid off one. in this modern day and age every company deploys tech. cs is the new iron rice bowl. cs = computer science, not civil service!
now days no need lawyer, doctor to become higher salary job

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  #53 (permalink)  
Old 23-06-2022, 09:54 AM
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ok, thanks for info

they are senior SWEs? i guess they were earning alot and it is cheaper to hire fresh grads
like i said they are E4 and E5 devs so,

E4 is the higher end of junior dev
E5 is senior, e6 is manager / principal


also im not sure why you or a few others here think that its cheaper to hire fresh grads. let me enlighten you, if you own a FAANG-Level business and you have people with 2-3 years of experience, they know your company culture, in and out, they get along well with others and do well at their job hence why they are still in your company after the mandatory 6 months probation and yearly review where they are known to cut people, ( Amazon also does this )

does it make any sense to you, whatsoever, to fire your staffs and replace them with freshers who

1. have 0 real working experience? most freshers only have internship experiences and those don't count as "full-time" working experiences. interns also don't ever touch any production releases stuffs at any reputable tech companies, why? because it's a huge risk and a massive headache for senior devs to babysit them. So they do some random internship project that no one cares about, often referred to as "POCs", proof of concept.

2. get paid lower yeah but can negotiate pay... so even if you give this guy the lowest title, SWE1 junior or whatever equivalent, this guy can still negotiate with you right? and get the highest end of that salary band he/she is tied to? whats next? you hire this guy, who has 0 clue how your company works, u get some senior to onboard him, that's time off that senior's dev... if that senior is getting paid a lot, you are basically paying that senior $$$$ just to onboard this new guy.

In the long run you are basically wasting money and time.

Lay offs at FAANG-like companies happen because teams get dissolved due to objective changes. it has nothing to do with $$$$. FAANG companies are not like Grab or Shopee, they are not some garbage tech company that are either backed up by investors ( grab has been losing profit for many years, shopee started in 2015 and only rose so high thanks to covid, their product / services are literally garbage and have full of competitors )

Google, Amazon, Facebook, etc have been around for decades. What's Google's competitor? yahoo? bing? lol give me a break, no one uses their garbage. Facebook competitor? Myspace? dead, Tiktok? maybe but until Tiktok learns how to let business users sell their products ( facebook fan page equivalent, facebook ads equivalent ), boomers to create social circles ( facebook group equivalent, etc ), facebook will still always be preferred among the majority of users.

I can list many examples but you get my point.

So no, FAANG don't lay people off because of $$. Companies like shopee, grab, yes but FAANG? no.

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  #54 (permalink)  
Old 23-06-2022, 11:36 AM
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Already said shopee grab lazada all these are garbage but people don't want to believe. FAANG or bust bro
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  #55 (permalink)  
Old 23-06-2022, 11:43 AM
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companies in funding stage a mostly garbage. only a minority will make it past the initial stage
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  #56 (permalink)  
Old 23-06-2022, 12:06 PM
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Already said shopee grab lazada all these are garbage but people don't want to believe. FAANG or bust bro
agreed but there are still decent tech companies out there,

IBM, HP, Dell, Autodesk, etc have all been around for decades

IBM been around for what? 100+ years? yea this company wouldnt suddenly die like shopee
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  #57 (permalink)  
Old 23-06-2022, 03:03 PM
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agreed but there are still decent tech companies out there,

IBM, HP, Dell, Autodesk, etc have all been around for decades

IBM been around for what? 100+ years? yea this company wouldnt suddenly die like shopee
But IBM Dell not sexciting . Now gen Z all wan to drink latte at shopee headquarters work in china sweatshop n drink 996 kool aid
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  #58 (permalink)  
Old 23-06-2022, 09:29 PM
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what other tech coys retrenching?
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  #59 (permalink)  
Old 24-06-2022, 08:31 AM
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what other tech coys retrenching?
Netflix lays off 300 more employees in latest round of cuts


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  #60 (permalink)  
Old 24-06-2022, 09:53 AM
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But IBM Dell not sexciting . Now gen Z all wan to drink latte at shopee headquarters work in china sweatshop n drink 996 kool aid
While your observation is not wrong, it's understandable for youngsters and fresh grads to be lured in by the consumer-facing tech and software companies. Between boring ol' IBM or SAP or Oracle vs Netflix or Shopee or Bytedance, which sounds more exciting to the typical Gen Z? These guys have grown up on consuming entertainment on iPads.

Plus, youngsters still have the energy to tahan the unreasonable 996 work culture. Especially with videos and Tiktoks glamorizing the 996 work culture and 'cool frat boy / frat girl' environment, it's easy for fresh grads to get lured in. It's only when they're slightly older and wanna start families then they decide on a more relaxed corporate culture.
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