It’s a dark time to be a tech worker right now::Nearly 300,000 tech employees have been laid off since last year, data shows.

  • SatanicNotMessianic@lemmy.ml
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    2 years ago

    I’m not disputing their experiences - I’ve replied otherwise on this thread - but I’m going to guess that a lot of those experienced devs didn’t go through the 2000-2002 ish dot com crash, or maybe even the 2008 recession.

    Sometimes the money goes away for a while. The money has currently gone away. Eventually they drop the interest rates, people decide that real estate or EVs aren’t sexy anymore because they’re overbought, and the money floods back in. Then it gets too much, to the point that some kid gets $60M for the idea of selling barbecues and charcoal over the internet, and the cycle repeats.

    We thought Keynes fixed this but then decided it was more fun for a handful of people to make shitloads of money and then crash the economy every decade or two.

    • maegul (he/they)@lemmy.ml
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      2 years ago

      Some claimed to have been around long enough to gone through the 2008 recession, but dot com crash would certainly be very unlikely.

      • SatanicNotMessianic@lemmy.ml
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        2 years ago

        I’ve been working in tech in one form or another since about 1994 and even before that if you include “writing some software for some guy’s cash register.” I’ve been through a few of these. They suck, but two years from now it’ll be forgotten.

        • corsicanguppy@lemmy.ca
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          2 years ago

          Ohai. I rode the 1998/99 wave, got hit with the crash, took a cut in one job and grabbed a side-hustle, got laid off in 2006 in the company’s 117th round of layoffs (bru-tal), and never been laid-off again. Because if I even smell a whiff of stink-of-death, I’m out. I still have the side-hustle, and in the gaps I just bulk up on it to narrow the gap. Works okay. Now my main gig is union, and since I deliver on my goals and I’m not a sociopath, I have some confidence they’ll keep me around for a few years. That’d be neat.

          • SatanicNotMessianic@lemmy.ml
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            2 years ago

            Yup. I went back into academia, then rotated between that, military, and government work. Now I’m waiting to see if the other shoe drops and I either sponge off my partner or buy a beach house in Mexico.

          • Taleya@aussie.zone
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            2 years ago

            I adjusted to the lower tier fish. Less money, but more stable and less stress.