Business Big Tech Layoffs Megathread - Techbros... we got too cocky...

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Since my previous thread kinda-sorta turned into a soft megathread, and the tech layoffs will continue until morale improves, I think it's better to group them all together.

For those who want a QRD:


Just this week we've had these going on:

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But it's not just Big Tech, the vidya industry is also cleaning house bigly:

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All in all, rough seas ahead for the techbros.
 
Word on the street is that SRE/DevOps jobs are starting to ramp up, very slowly. Any truth to that?
:thinking:
Haven't seen anything significant yet in Canada, although most reliability teams were on fairly high staffing and high alert after the G7 that happened recently.

They don't think that far ahead. Only 2-3 quarters ahead
The assumption is that if AI has gone from being non-existent to junior level engineer in three years, then it'll be intermediate AI in another three years, whereas a junior employee might take four or five. That intermediate AI will scale to senior capability in another three years, whereas that intermediate employee might take five to ten years more.

Effectively, they're projecting its current capability growth as being at minimal, linear going forward, while hoping its in fact exponential. The fatal flaw here is the assumption that AI is actually at even Junior levels without an actually competent developer handholding it the entire way, which its not. But an mid level suits job is quite literally to analyze data and project trends and provide that information to senior leadership, so its kind of hard to blame them, they are doing their jobs with the information available to them. The whole space is just flooded with retarded misinformation meaning its impossible for them to make sensible decisions. Look at how many AI firms are turning out to be absolute trash, scams, or Actually Indians. For companies looking to use AI to provide a viable cost reduction to producing their goods, they're lining up to have a bunch of critical disasters, but I suspect for some of them, the alternative is guaranteed bankruptcy anyway, just slower. A lot of firms are basically zombie firms after the economic fuckery of the last ten years, and AI is a tiny, slim chance at resurrection for many of them.

But for the infrastructure giants looking to provide the AI technology, Microsoft and them, the long term is pretty easy to invest in even with full knowledge of the spaces problems right now. Even if AI only has a 1% chance of achieving what its promising in the next ten years, and needs billions of dollars a year to do it, that's a CEO being asked if he'd like to invest 1 dollar to make ten thousand dollars. Even if its got slim as fuck chances of success, getting just a fraction of what's considered possible will generate more money for them than anything they can currently invest in. And for the core infrastructure players, if AI turns out to well and truly be a failure, then all they've done is invest heavily in computing infrastructure, as companies that make their money renting access to computing infrastructure. It'd suck for them in the short term as they'd have to reduce pricing to encourage use of the capacity, but long term, if there's compute available someone will want to rent access to it. They're still left with a viable asset, they've just overpaid for it.
 
Word on the street is that SRE/DevOps jobs are starting to ramp up, very slowly. Any truth to that?
Haven't seen anything significant yet in Canada, although most reliability teams were on fairly high staffing and high alert after the G7 that happened recently.
Can second this, not seeing any noticeable ramp up yet, albeit it's probably masked by the significant glut of post-COVID layoff job seekers and Jeet riffraff. I know recruiters in my area are quietly identifying people in the start-up/scale-up sphere to approach for future job openings, but I don't expect to see such openings until next spring.
 
It’s not that they’re replacing people with AI. The over hired during Covid and now the free money train has came off the rails.

AI is the corporate gloss, but they’re going to offshore the jobs, then realise Indians are mostly retarded, then start hiring decent white people again.

This cycle happens every 5-10 years, it’s just modern pronounced now due to the Covid craziness.
I'm a computer tech (computer fixer) for a school and 3 years ago the school district used COVID money to double the amount of computer techs. Elementary schools went from two schools sharing one tech to each one having a dedicated tech (sometimes 2). Middle schools went from one to two, and high schools went from one to two or three. They also decided to buy enough chrome books for schools to go to a 1 to 1 model where each kid would get one checked out to them for the year.

They also used this money to create new programs and hire other staff.

The COVID money is gone now and schools are having to cut programs and staff because the free money wasn't renewed.
 
Word on the street is that SRE/DevOps jobs are starting to ramp up, very slowly. Any truth to that?
:thinking:
I hope not. Completely useless fucks in my experience. "Alert go off what do?" To app teams. And also completely unable to diagnose when any other issue happens.

Sre is plagued by indians whose entire job can be summed up as "page the app team when the traffic fluctuation doesnt go back to normal".
 
I hope not. Completely useless fucks in my experience. "Alert go off what do?" To app teams
Oh, so you have experience with the good ones. We have a fun running problem where our monitoring teams will just get alerts and ignore them, sometimes even just try deleting them in the monitoring system on the hope that "It won't come back". We regularly have P1 service outages that take hours to actually get people working on fixing them because they just lie about it still totally being up. Had to set up an entire automated notification system to blast all app managers immediately just to try and bypass the retards.

I wish my monitoring people asked what to do, I can at least work with that.
 
It’s not that they’re replacing people with AI. The over hired during Covid and now the free money train has came off the rails.

AI is the corporate gloss, but they’re going to offshore the jobs, then realise Indians are mostly retarded, then start hiring decent white people again.

This cycle happens every 5-10 years, it’s just modern pronounced now due to the Covid craziness.
That cycle USED to work, but now that Indians are middle managers and hire that will only hire other Indian until the company is completely gone. It will limp around for a bit living off past legacy but for every month a bunch of Indian can leech off a dying company is another month of not living in India.
 
The market is brutal right now...applying without a referral has been hopeless.
I'm glad he's honest. Even then, I feel like there's a lot of optimism in that post considering the blatant desire that companies have when it comes to getting cheap labor.
I want brutal honesty from one of these fired people. Someone that says "Fuck it, if you're not Indian, get ready to flip patties, this market is FUCKED."
 
The silver lining is that whilst the disgusting Indians are trying to grab power, it will be short-lived. The issue is Indians are SHIT at coding, they have no imagination, and they copy. Their entire education is based on it. India will, in 2-3 years, be treated like China.

In corporate Google, Microsoft, and OpenAI are largely fronted by Jeets and/or Jews, and all of them are doing disastrously. The venture capitalists have poured billions of their assets and gotten 0 return. Co-pilot is barely being picked up; it is getting universally rubbished. They cannot even lump it into their 365 model.

OpenAI is proving to be the world's greatest Ponzi scheme after FTX. Altman is literally thin Fried without the ugly bitch he was fucking. He is continually asking for BILLIONS, and their new data centres have not even hit planning and are due next year. They are not even seeing a profit on GBT, and the newer versions are getting more and more tepid responses, with people saying the versions are too similar. These people seemingly think they can con investors into thinking revenue is profit because the overheads dwarf both. Altman is even releasing a "device" next year that he is saying will sell 100 million units.

I have to admit I quite enjoy shitting on the AI and CEOs because they have no idea what they are doing in the direction of their product and turning a profit. Google just outright shrugged and said "me no no"
 
I'm glad he's honest. Even then, I feel like there's a lot of optimism in that post considering the blatant desire that companies have when it comes to getting cheap labor.
I want brutal honesty from one of these fired people. Someone that says "Fuck it, if you're not Indian, get ready to flip patties, this market is FUCKED."
He's optimistic because he's still a senior-level FAANG resume and is sucking dicks on LinkedIn. You'll only get honesty on Blind.
 
Nigga have you been living under a rock? No amount of appeasement will ever shut the trannies up. Ever. Zilch. It does not work. You can willingly have yourself drawn and quartered and nailed to a cross at their request and they will not be satisfied because now that you're dead you can no longer call them a pwetty pwincess like they want. This is common knowledge you should be familiar with.

Anyway this is off topic.
No it isn't.

Get one of your people in. Use that person to get others in for "diversity." Identify your most likely critics. Undermine and get rid of them. Have your people replace them. When there's enough of you, start purging popular and useful people. Make up excuses. Get into positions of authority. Target key departments like HR. Keep at it until only your loyalists are around. Then start infighting.

The end goal is to drive the business out of business. In a government bureau this can go on indefinitely.

Like I said before. This is the Era of Fuck You.
 
Looks like the Microsoft made JOHN ROMERO IT'S BITCH

GTA6 will land strong, but I think the later launch GTA Online for GTA6 will be the actual miss, and will probably be the final nail in the coffin for trying to live service everything. Its got infeasible expectations across the board from both players and business, with the former expecting more content than the current GTA Online at launch, and the latter expecting it to be monetized aggressively enough to repay the bulk of the insane development costs. Its a recipe for disaster, and when that blows out, the entire live service space will be shattered with it
GTA6 Online will ABSOLUTELY have the most money grubbing PAY2WIN bullshit this world has ever SEEN.

You think current GTA5 Online is bad?

TakeTwo has seen how much people will pay for GTA Online Shark cards..... They are absolutely going to FLOG that shit 100x more the next time around.
 
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I think GTA6 may potentially fail too, because people do not want to shift accounts. I hope so anyway because I suspect the game is going to be woke as fuck.
They do every year with FIFA or whatever it’s called now and lose all their weird gatcha pulls. You forgot that the average gamer is no better than a nigger. Even the mouthy ones on Twitter are just as bad. It’s why the industry is in the state it’s in.

GTA 6 could be about a tranny who is going to free America from Trump by enslaving white people and it will still make billions.
 
There is some interesting news regarding SoftBank and their support for OpenAI. They had to approach 21 different banks to collect $18 billion in loans to avoid affecting their credit. The issue is that OpenAI is expecting $ 40 billion from SoftBank next year, which they cannot actually do because it exceeds all credit lines and their material funding. To this day, OpenAI has not seen a penny of profit. Sam Altman needs to be exalted as the biggest con Jew, Sam, and dethrone Fried. He has conned so much VC and Corpo money it would make SBF weep.

M$ is starting to pull back on their data centres too and redistribute it into funding for AI. Switching the ledger where it is going. On top of that, the TX data centre expected in the next few years is expected to cost 500 billion, and 5% of the money has been itemised.

They cannot declare AI a failure because the big 7 have about 97% of their investments in NVidia, which would fuck them over into oblivion. NVidia would survive as they have a tangible product, as does Apple but the rest would lose so much of their wealth.

https://fortune.com/2024/02/12/sam-altman-7-trillion-ai-chips-grind-for-future-substack/

It's OK, he only needs 7 trillion dollars! The collective wealth of Apple, Microsoft, Meta, and Amazon. It's worth it, guys.

Meanwhile, VC be like
 
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