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Can I join in Nokia R&D unit for java, spring boot backend developer role considering current situation of layoffs in product based companies ?
Exp - 4 years
Tech stack - Java, Spring Boot, Microservices
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When is next set of layoffs at EY??
Bowl Leader
Thought this was interesting. Across 160 teams of researchers, just about all failed to make good life outcome predictions on things like GPA, evictions, layoffs, and others. Data followed 4.5k families across 15 years, with 13k features (varied over time). Haven't looked at it directly yet, but will be turning the docs and data inside out... In the meantime, authors claim this as showing the limits of ML. Oh, and it's published in PNAS, so you know there's some big publication energy there.
https://www.pnas.org/content/117/15/8398
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What do you do and how much you made in 2021?
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The good news is that companies are wrong and it isn’t in a place where it can replace most jobs. The bad news is that it’s going to take companies a while to figure that out and a lot of people are going to suffer for c suite mistakes.
The times have changed, brother. https://www.forbes.com/sites/josipamajic/2026/03/22/ai-agents-wrote-80-of-karpathys-code-junior-developers-are-paying-the-price/
My dear friend the layoffs have nothing to do with AI. It is simply a stock market boost measure. And as an added advantage, compamiez then find employees at a lower rate and then 2 years down the line they are back to the same size and same spend in salaries.
As for AI - any company that thinks it’s a replacement rather than an enabler is delusional
Great points
Well, that's a negative attitude.
It's funny that we view a down-cycle in tech employment as somehow unique to the AI boom.
30-50%+ layoffs were common in 1991, 2001 and 2008.
The work flows I manage can be 70% automated today. They just aren’t yet. The presentation of materials, and a couple experienced professionals can now do 600 billable hours of work in probably 400 hours today, and with AI they can probably do it in 200 hours. The people that use to do the grunt work that was already displaced by AI are just not needed.
Has anyone ever see a single workable slide that AI has produced? I haven’t.
Basic “research” is a fraction of our job. Coming up with ideas to solve highly contextualized problems and drive change through hundreds of personal interactions is a much higher driver of workload…not something I think AI has shown itself particularly well suited to.
For sure, but I am sick at my job, so wigity
Rising Star
How worrying about a thing that you cannot control helps you?
Buy stock, don’t hire people. Follow the trends.
Yes. Execs thinking (mostly incorrectly) they can do without a lot of people due to AI, is a real threat to employees
I don’t disagree there but AI doesn’t solve the underlying problems there
Rising Star
Isn’t it easy to say “people say ……” no way to fact check if people really said that or not.
This app is full of people saying they are worried about losing job because of AI and Op decided to make up his fact 😀
No. But if we had Claude integration with a slide library it would be able to execute very well. Atleast the boiler plate slides