Reddit refuge

  • 1 Post
  • 539 Comments
Joined 2 years ago
cake
Cake day: June 16th, 2023

help-circle





  • Yeah, I wouldn’t consider this a sign of recession. Instead, it is the confluence of various structural changes in the industry.

    1. Because the industry was forced to work in a distributed manner, it has removed the location premium in a lot of salaries. Companies are firing high cost of living areas and hiring in lower cost of living areas.

    2. Outside of cost of living, total supply for developers has increased significantly.

    3. The return on investment for software development has either dropped or are starting to be included in more decisions. This is leading to development budgets getting slashed.









  • HobbitFoot @thelemmy.clubtoNews@lemmy.worldThe Gen X Career Meltdown
    link
    fedilink
    English
    arrow-up
    12
    arrow-down
    2
    ·
    17 days ago

    I think there is a bit of a difference.

    Millennials have had to deal with a near constant shitty job market, constantly having to do more for less.

    What they’re describing for Gen X is that a part of the economy has completely disappeared at a time when they should be high earners. The combination of lower cost digital media and an international labor pool means entire professions and trades have been wiped out.






  • I feel like part of the problem is that management wants staff that can do a wide range of tasks when it ends up creating a staff that can’t specialize in a small group of tasks.

    I’ve seen plenty of times where people can operate well as a cog on a big machine, but fall apart when they have to work in roles that require a variety of skillsets. Larger engineering companies can typically create enough work for people to specialize in smaller tasks than smaller engineering companies.