I have heard of quite a few layoffs at my company, at the same time I’m hearing of huge bonuses at some organizations. It feels like there is becoming a bigger separation in wealth in tech, anyone else feel this way?

like
Posting as :
works at
You are currently posting as works at

Not sure what to think of the state of tech, in terms of salary or stability. Cloud-based and AI companies specifically have been well off, and I think that’s what it’ll come down to: the niche you get into.

Agree with this ^

like

What is this wealth separation you're talking about? I'm curious to understand your perspective on this. I believe those bonuses are for high-performing employees, but I haven't heard of any layoffs in my company.

The rich certainly seem to be getting richer. Just look at all the recent Open AI headlines. They're offering every new hire a $1M signing bonus. It's insanity.

There are so many companies doing layoffs right now, mine included. I don't feel like I hear about huge bonuses in our industry but that doesn't mean they don't exist.

Layoffs and big bonuses happening side by side really highlight the imbalance

Related Posts

What’s the best way to find a roommate in NYC? Budget is 2500-3000 and want to live in Manhattan. With this budget (5500/6000 between 2 people), would I be able to find a decent apartment somewhere in Lower Manhattan?

like

Anyone have any affordable case management software recommendations? I’m looking for something a bit non-traditional as I work for a small nonprofit. Ideally the software would involve document organization/access as well as like a running “log” for folks to post relevant events or work completed for the file.

like

Just moved up to SMB AM and I’m curious to the enterprise reps— what’s the quickest way to move up segment? A lot of people I see it’s 5+ YOE just curious if you can segment hop or if it’s a time situation.

like

Larsen & Toubro Infotech Can someone decline from joining the org on the joining date? I am expecting a counter offer with the same DOJ, but i wont be rejecting the current company i am joining, unless I see the offer from the countering org. Any suggestions on how to handle this situation? Will the first org that i was supposed to be joining, considering me as an employee and apply notice period constraints?HSBC Larsen & Toubro Infotech Tata Consultancy Barclays

like

Redeemed my recognition points for a portable air conditioner. Hope it's effective!

like

Any advice on how to transition into healthcare IT without experience? I have a MS and MPH. Burned out on patient services roles. Hoping to make a transition before the year out. Actively seeking new opportunities.

like
like

I’m hoping someone might have some ideas about this- I’m currently five years out of law school with a clerkship, a tax LLM, 3 years of experience doing transactional tax work and a few months of EC/VC experience (which I recently switched to from tax). I like the EC/VC work, but I don’t know how long I want to stay in biglaw. Can anyone weigh in on how employers for in-house roles might look at my experience in a year or two?

like

Anyone looking for an apartment in LIC?

like

Went from a big firm to work for a smaller firm. The people in the smaller firm are protective of their work and are good by their work too. I no longer feel chaos or stress. I am treated with respect and my schedule is more normal. I am even working more billable hours than before, but it feels like a seamless experience. I don’t work then past 5pm or anything out of the ordinary for this time of the year. I am so grateful!

likeuplifting

Hi! I have 9yoe in startup, hyper growth environments. I have a strong customer Quality Assurance process improvement background. I want to shift into becoming more of an IC vs people manager. With that in mind, what steps would get me there? Should I consider a PMP or Lean Six Sigma certification? Any other ideas? I feel so stuck and need a change. Thank you!

like

Hi All,
Need some suggestions, I'm currently working with EY GDS as full stack developer as Senior Associate III with 7.3 years of experience.
Current CTC: 30.5L (24 fixed + 6.5 bonus)
I'm looking for change now which companies should I target to? who can give me atleast 45-50L with job security.

Any suggestions?

like

Got an offer and I feel being low balled. Can anyone please share salary band for SC at PAS?

like

LIRR is packed today, there’s rumors my job is moving to Tuesday - Thursday in the office. Are a lot of office bringing back employees?

like

Hi guys,
Need some clarifications about offer letter acceptance. What if you accept offer but at last did not join because you got another offer at last moment.? Do companies take any action on this ?

like

FIRE Newbie here - wondering how everyone is retiring early (30’s 40’s 50’s) if the majority of your savings are tied up in tax preferential retirement vehicles you can’t really touch for another few decades?

like

Minor confession

I hate when I respond to a post and people keep responding to it by NOT “replying” but adding another comment. 🤡

like

Hi fishes,
Anyone have hybris knowledge based on java springboot. Please let me know.

like

Anyone think it’s gonna be a tough year for coin?

To those who divorced or called off the engagement, did you take the ring back? And if so, what did you do with it?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal