Official 2022 Retrechment thread - Page 6 - Salary.sg Forums
Salary.sg Forums  

Go Back   Salary.sg Forums > The Salary.sg Discussion Forums: > Income and Jobs

Income and Jobs Discuss jobs, career options and of course salaries




Official 2022 Retrechment thread

Reply
 
Thread Tools
  #51 (permalink)  
Old 22-06-2022, 10:39 PM
Unregistered
Guest
 
Posts: n/a
Default

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!

Reply With Quote
  #52 (permalink)  
Old 23-06-2022, 08:06 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
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

Reply With Quote
  #53 (permalink)  
Old 23-06-2022, 09:54 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
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.

Reply With Quote
  #54 (permalink)  
Old 23-06-2022, 11:36 AM
Unregistered
Guest
 
Posts: n/a
Default

Already said shopee grab lazada all these are garbage but people don't want to believe. FAANG or bust bro
Reply With Quote
  #55 (permalink)  
Old 23-06-2022, 11:43 AM
Unregistered
Guest
 
Posts: n/a
Default

companies in funding stage a mostly garbage. only a minority will make it past the initial stage
Reply With Quote
  #56 (permalink)  
Old 23-06-2022, 12:06 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
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
Reply With Quote

  #57 (permalink)  
Old 23-06-2022, 03:03 PM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
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
Reply With Quote
  #58 (permalink)  
Old 23-06-2022, 09:29 PM
Unregistered
Guest
 
Posts: n/a
Default

what other tech coys retrenching?
Reply With Quote
  #59 (permalink)  
Old 24-06-2022, 08:31 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
what other tech coys retrenching?
Netflix lays off 300 more employees in latest round of cuts
Reply With Quote
  #60 (permalink)  
Old 24-06-2022, 09:53 AM
Unregistered
Guest
 
Posts: n/a
Default

Quote:
Originally Posted by Unregistered View Post
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.
Reply With Quote
Reply

Bookmarks

« Previous Thread | Next Thread »
Thread Tools

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are On
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
High Finance Thread equiteer Income and Jobs 1158 Today 12:37 AM
2022 Full time/Summer internship thread ChewTYG Income and Jobs 17 Yesterday 01:17 AM
Official Whistler Grand Latest Updates PropertyHunter General Discussions 0 20-02-2019 11:51 PM
Official Lasik/ Relexsmile Thread shirlyn General Discussions 1 18-06-2016 06:33 PM
UNISIM Alumni thread Gradsoon Income and Jobs 3 25-02-2014 04:38 AM

» 30 Recent Threads
Compilation of MAs/Analysts Gross... ( 1 2 3... Last Page)
1,062 Replies, 377,478 Views
How is life as a doctor in... ( 1 2 3... Last Page)
3,973 Replies, 1,925,501 Views
Compare civil service salary ( 1 2 3... Last Page)
14,224 Replies, 8,925,297 Views
Civil Service Current Estimated... ( 1 2 3... Last Page)
126 Replies, 204,711 Views
Q: Big4 - Yearly salary increment ( 1 2 3... Last Page)
8,300 Replies, 2,419,946 Views
Jumping into the tech private... ( 1 2 3... Last Page)
37 Replies, 6,497 Views
Micron starting pay ( 1 2 3... Last Page)
442 Replies, 162,361 Views
High Finance Thread ( 1 2 3... Last Page)
1,158 Replies, 256,698 Views
Career as Teacher ( 1 2 3... Last Page)
5,623 Replies, 3,508,790 Views
Roles in accenture singapore ( 1 2 3... Last Page)
4,784 Replies, 963,194 Views
Engineer Pay ( 1 2 3... Last Page)
467 Replies, 242,909 Views
NCS (SingTel subsidiary) ( 1 2 3... Last Page)
960 Replies, 633,064 Views
Lawyer Salary ( 1 2 3... Last Page)
17,154 Replies, 6,456,222 Views
Changi Airport Group ( 1 2 3... Last Page)
458 Replies, 457,696 Views
DBS tech seed programme ( 1 2 3... Last Page)
2,158 Replies, 571,367 Views
Official 2022 Retrechment thread ( 1 2 3... Last Page)
87 Replies, 10,128 Views
Bnp paribas graduate ( 1 2 3... Last Page)
190 Replies, 99,921 Views
ST Electronics ( 1 2 3... Last Page)
2,799 Replies, 848,771 Views
GovTech ( 1 2 3... Last Page)
3,178 Replies, 858,298 Views
Comp Science Frsh Grad Salary ( 1 2 3... Last Page)
632 Replies, 159,896 Views
Open Government Products (under... ( 1 2)
14 Replies, 1,379 Views
2022 Full time/Summer internship... ( 1 2)
17 Replies, 2,544 Views
Civil Service Performance Bonus ( 1 2 3... Last Page)
4,064 Replies, 2,939,292 Views
Shopee fresh grad pay ( 1 2 3... Last Page)
514 Replies, 143,883 Views
Alibaba
1 Replies, 304 Views
SIM-UOL fresh grad starting pay ( 1 2 3... Last Page)
6,603 Replies, 2,028,774 Views
Polytechnic lecturer salary range ( 1 2 3)
25 Replies, 79,417 Views
Ex-MOE Teachers ( 1 2 3... Last Page)
231 Replies, 253,268 Views
Band 4 and Band 5 in Standard... ( 1 2 3... Last Page)
49 Replies, 70,408 Views
MINDEF DXO (All FAQ on it) ( 1 2 3... Last Page)
4,613 Replies, 3,099,385 Views
Powered by vBadvanced CMPS v3.2.2



All times are GMT +8. The time now is 02:32 AM.


Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2022, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.2