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Tech Layoffs Highest Since Dot-Com CrashPosted by BeauHD on Friday March 15, 2024 @10:10PM from the uncertain-times dept.Alex Koller reports via CNBC:CitarSince the start of the year, more than 50,000 workers have been laid off from over 200 tech companies, according to tracking website Layoffs.fyi. It's a continuation of the predominant theme of 2023, when more than 260,000 workers across nearly 1,200 tech companies lost their jobs. Alphabet, Amazon, Meta and Microsoft have all taken part in the downsizing this year, along with eBay, Unity Software, SAP and Cisco. Wall Street has largely cheered on the cost-cutting, sending many tech stocks to record highs on optimism that spending discipline coupled with efficiency gains from artificial intelligence will lead to rising profits. PayPal announced in January that it was eliminating 9% of its workforce, or about 2,500 jobs.All told, 2023 was the second-biggest year of cuts on record in the technology sector, behind only the dot-com crash in 2001, according to outplacement firm Challenger, Gray & Christmas. Not since the spectacular flameouts of Pets.com, eToys and Webvan have so many tech workers lost their jobs in such a short period of time. Last month's job cut count was the highest of any February since 2009, when the financial crisis forced companies into cash preservation mode.CNBC spoke to a dozen people who have been laid off from tech jobs in the past year or so about their experiences navigating the labor market. Some spoke on the condition that CNBC not use their names or write about the details of their situation. Taken together, they paint a picture of an increasingly competitive market with job listings that include exacting requirements for qualification and come with lower pay than their prior gigs. It's a particularly confounding situation for software developers and data scientists, who just a couple of years ago had some of the most marketable and highly valued skills on the planet, and are now considering whether they need to exit the industry to find employment.
Since the start of the year, more than 50,000 workers have been laid off from over 200 tech companies, according to tracking website Layoffs.fyi. It's a continuation of the predominant theme of 2023, when more than 260,000 workers across nearly 1,200 tech companies lost their jobs. Alphabet, Amazon, Meta and Microsoft have all taken part in the downsizing this year, along with eBay, Unity Software, SAP and Cisco. Wall Street has largely cheered on the cost-cutting, sending many tech stocks to record highs on optimism that spending discipline coupled with efficiency gains from artificial intelligence will lead to rising profits. PayPal announced in January that it was eliminating 9% of its workforce, or about 2,500 jobs.All told, 2023 was the second-biggest year of cuts on record in the technology sector, behind only the dot-com crash in 2001, according to outplacement firm Challenger, Gray & Christmas. Not since the spectacular flameouts of Pets.com, eToys and Webvan have so many tech workers lost their jobs in such a short period of time. Last month's job cut count was the highest of any February since 2009, when the financial crisis forced companies into cash preservation mode.CNBC spoke to a dozen people who have been laid off from tech jobs in the past year or so about their experiences navigating the labor market. Some spoke on the condition that CNBC not use their names or write about the details of their situation. Taken together, they paint a picture of an increasingly competitive market with job listings that include exacting requirements for qualification and come with lower pay than their prior gigs. It's a particularly confounding situation for software developers and data scientists, who just a couple of years ago had some of the most marketable and highly valued skills on the planet, and are now considering whether they need to exit the industry to find employment.
Pero lo que está saliendo de Begoña y Air Europa me lleva a otras conclusiones:Todo esto se está moviendo desde más arriba: se huele un desplome y se necesitan cabezas de turco. Sánchez -responsable y ejecutor de las recetas socialdemócratas comunistoides- y Ayuso -ejecutora de las recetas liberales y anarcoides- van a ser linchados y culpados de la ruina de los españoles "de vien" que van a a ver perder el valor de sus tesoritos en un x%.La amnistía solo será un clavo más en el ataúd del modelo sanchista: todos sus escuderos están tocados, Illa, Montero, Puente... Probablemente el cebo se lo tendieron de forma totalmente consciente ya durante la pandemia (que en este foro fue interpretada como un velo).Desde mi lejanía me huelo que el felipismo está dando la aquiescencia a este proceso. Feijoó también, aunque no sabe que lo que viene es más PSOE renovado.
Cita de: puede ser en Marzo 16, 2024, 02:42:28 amPero lo que está saliendo de Begoña y Air Europa me lleva a otras conclusiones:Todo esto se está moviendo desde más arriba: se huele un desplome y se necesitan cabezas de turco. Sánchez -responsable y ejecutor de las recetas socialdemócratas comunistoides- y Ayuso -ejecutora de las recetas liberales y anarcoides- van a ser linchados y culpados de la ruina de los españoles "de vien" que van a a ver perder el valor de sus tesoritos en un x%.La amnistía solo será un clavo más en el ataúd del modelo sanchista: todos sus escuderos están tocados, Illa, Montero, Puente... Probablemente el cebo se lo tendieron de forma totalmente consciente ya durante la pandemia (que en este foro fue interpretada como un velo).Desde mi lejanía me huelo que el felipismo está dando la aquiescencia a este proceso. Feijoó también, aunque no sabe que lo que viene es más PSOE renovado.Suscribo.Desde fuera de Madrid y con los ojos de alguien que nunca ha votado al PP (yo), el PSOE ha entrado en barrena.
[«LLEVO PAGANDO ALQUILERES DESDE HACE 20 AÑOS Y ESTO SE VA A ACABAR».—Esta frase fue dicha por La Chelito II en octubre de 2023. «Isabel Díaz Ayuso ha querido dar el paso de convertirse en propietaria de su propio hogar, comprándose una casa junto a su pareja, Alberto González», leímos en la prensa. Entonces, el procedimiento de inspección por las facturas falsas estaba terminando. La compra, evidentemente, fue defensiva. Ahora nos enteramos que la vivienda solo está a nombre de él. Si es así, ¿por qué fardaba de casa nueva La Poneboquitas bocazas?
[...] Madrid empieza a dejar ser 'Mierdrid'.]