American Economics Thread

BlackWindMnt

Captain
Registered Member
Tech winter is coming - more layoffs than during the 2000-01 dot com crisis. Tech workers need to unionize.
It would be interesting to see the breakdown per job that is being laid off.

Because there is a lot of and i mean a lot of fat within the tech industry that has nothing to do with writing and deploying code.
I think you could fire at least 50 if not 60% of people in management or project management aka the non productive laptop class of people. Most company after that round should still be functional for the next 3~4 years it would be the perfect time to clean up the ever growing amount of tech debt tech products have accumulated the last decade or so.
 
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Staedler

Junior Member
Registered Member
It would be interesting to see the breakdown per job being laid off.

Because there is a lot of and i mean a lot of fat within the tech industry that has nothing to do with writing and deploying code.
I think you could fire at least 50 if not 60% of people in management or project managers aka the non productive laptop class of people.
Most company should still be functional for the next 3~4 years it would be the perfect time to clean up the ever growing amount of tech debt tech products have accumulated the last decade or so.
I haven't worked at the tech-focused companies but some of the other big ones I've been at have pretty bad ratios. The worst one I've seen is at a certain major investment bank with 3 managers per developer. Certainly true that most of these people could be fired without negative impact to the firms. In some cases. firing them would even be a net positive.
 

hkbc

Junior Member
It would be interesting to see the breakdown per job that is being laid off.

Because there is a lot of and i mean a lot of fat within the tech industry that has nothing to do with writing and deploying code.
I think you could fire at least 50 if not 60% of people in management or project management aka the non productive laptop class of people. Most company after that round should still be functional for the next 3~4 years it would be the perfect time to clean up the ever growing amount of tech debt tech products have accumulated the last decade or so.
I haven't worked at the tech-focused companies but some of the other big ones I've been at have pretty bad ratios. The worst one I've seen is at a certain major investment bank with 3 managers per developer. Certainly true that most of these people could be fired without negative impact to the firms. In some cases. firing them would even be a net positive.
In commercial tech because there are very few genuine new 'ideas' , a disproportionate amount of 'marketing' is employed to differentiate my software/service widget from the next me too one, till someone corners the market then legions of 'corporate development' i.e. M&A specialists scour the startup scene to nab the next big thing because at that stage the corporation can no longer innovate. When the acquisitions eventually don't work out, the company milks the installed base for maintenance revenue for a few years before flogging themselves to a private capital outfit when the shares become stagnant. The private capital outfit will then get the newly acquired company to take out loans to pay themselves back and start 'restructuring', after a few years they will either try to float it again or pass it on to another private capital outfit to keep their balance sheets looking squeaky clean.

That's the basic lifecycle of an American 'tech' firm for the last quarter of a century or so!
 

Bellum_Romanum

Brigadier
Registered Member
Tech winter is coming - more layoffs than during the 2000-01 dot com crisis. Tech workers need to unionize.
What an idiotic thing to say. This dude is such an ideologue that his responses to every economic issues and challenges will be predicated upon his guiding principles and faith in his liberal nonsense. For a liberal they're awfully dogmatic which a liberal shouldn't be.
 

FairAndUnbiased

Brigadier
Registered Member
It would be interesting to see the breakdown per job that is being laid off.

Because there is a lot of and i mean a lot of fat within the tech industry that has nothing to do with writing and deploying code.
I think you could fire at least 50 if not 60% of people in management or project management aka the non productive laptop class of people. Most company after that round should still be functional for the next 3~4 years it would be the perfect time to clean up the ever growing amount of tech debt tech products have accumulated the last decade or so.
Actually the blonde and Asian bimbos with Ivy league liberal arts degrees and skimpy clothes are a vital part of the software supply chain as they provide invaluable motivational efforts for the incel dweeb- I mean, incelible - sorry, incredible - engineers to program better. The bigger hope, although a long shot, is motivating them to also pay attention to hygiene.
 

BlackWindMnt

Captain
Registered Member
Actually the blonde and Asian bimbos with Ivy league liberal arts degrees and skimpy clothes are a vital part of the software supply chain as they provide invaluable motivational efforts for the incel dweeb- I mean, incelible - sorry, incredible - engineers to program better. The bigger hope, although a long shot, is motivating them to also pay attention to hygiene.
I can kind of confirm, this one time we got a good looking blond project manager assigned on our project and a lot of male project members started taking personal care a lot more serieus.

Of course I would never fall for such cheap tricks..
:oops:
 
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