Can Big Tech layoffs be viewed as a positive development because the other industries will get a greater supply of better trained tech talent with lesser leverage in terms of compensation expectations? I would love some of my clients to have access to better IT / digitally savvy employees.

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You overestimate how tech savvy the people from the big tech layoffs are. They’re mostly cutting the fat first, so marketing, sales, and maybe ops. And then to non-essential tech, so people working with internal tooling initiatives that are no business-critical

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How is sales “fat?”

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I think you’re giving people in tech too much credit. The margins at some tech companies was so high there is no urgency or fiscal discipline.

likesmarthelpful

I’m skeptical that would be an outcome.

For starters, the numbers dont align. IT is 3% of all employees in “most” companies. 10,000 layoffs is a drop in the bucket.

Second, I’m skeptical that a big tech employee is going to accept a huge reduction in pay, radically different work environment, and likely change location.

Third, i dont think being a big tech who employee is successful in a fully mature devops org is going to be successful in a traditional waterfall IT org

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For sure I feel weakest on that one. And agree that another big tech job isn’t immediately available given across the board freezes.

I just recall my last search when looking and being offered roles at a 50% paycut after months of searching. My only thoughts were do I take this for 3 months while I keep on looking or reject it outright. Big assumption-but feel others would see it similarly and not look to be multi year change agents.

I am worried by how this is being conducted. IBM did something like this a while ago and it was atrocious behavior. I can’t believe what is happening to the folks at twitter. I know what they are going through and it’s so god damn awful.

^ that’s not the same as Twitters package. Yours is more of the norm. Twitter employees or former employees will be fine

Until you realize that they’re not all that

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