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Spate of job cuts continues unabated at Big Tech, media firms

1 pointsby bmwolf102990over 1 year ago

1 comment

Dochesover 1 year ago
Yawn. This is all just shakedown from pandemic-era overhiring, when zero interest rates made it economical to hire whole engineering _organizations_ just to keep them from going elsewhere. Meta alone has hired 30,000 since the beginning of 2021; what were those folks ever even going to work on?<p>The tide is going out, and a whole lot of engineering orgs (and, frankly, mid-tier engineers) are going to find out who&#x27;s treading water and who&#x27;s swimming naked.