Tech Jobs Took a Big Hit Last Year (fortune.com)
Barb Darrow, writing for Fortune: Tech jobs took it on the chin last year. Layoffs at computer, electronics, and telecommunications companies were up 21 percent to 96,017 jobs cut in 2016, compared to 79,315 the prior year. Tech layoffs accounted for 18 percent of the total 526,915 U.S. job cuts announced in 2016, according to Challenger, Gray & Christmas, a global outplacement firm based in Chicago. Of the 2016 total, some 66,821 of the layoffs came from computer companies, up 7% year over year. Challenger attributed much of that increase to cuts made by Dell Technologies, the entity formed by the $63 billion convergence of Dell and EMC. In preparation for that combination, layoffs were instituted across EMC and its constituent companies, including VMware.
We're about to fix that problem, PTL
Time for these folks to go bye bye
these mergers result in redundancies. HR, accounting, sales etc are not the same as tech jobs just because they are at technology firms.
Outsourcing and H1B.
Thousands more job cuts are coming "as companies shift focus to cloud-based computing and smartphones," Challenger warned.
Those folks who are canned won't be able to move over to the cloud and smartphone shit.
And what sucks is that if you're not doing that on the job, taking classes or learning on your own means nothing. You have to have on the job experience to get a job.
That's one of the things I really hate about this field. It's like no one thinks skills transfer.
The economy cycles every 8-10 years. We're 9 years into a growth phase, it's only natural another recession is coming. Tech workers are a good early indicator. Outside of companies that sell tech, IT is just an expense. An expense that's the last to get hired in good times and the first to get cut in tough times. I in many areas corporate controllers are starting to tighten the check book - frozen hiring in some jobs, halted projects and consolidation are happening. Some industries were waiting for the election to strategic plan the next 36 months. They have it now and are belt tightening. Tech survived before and it will always survive. Be conservative with money and plan for a rainy day. It's the prudent life strategy.
We're trying to develop technologies to divert the next asteroid, survive a super-volcano and make it so we all can live well even in our 15th decade. I think we do need to work every day.
If I can just reach out with my words and touch a butthole, just one, it will all be worth it.
Where I am, Austin, recruiters are saying it's a candidate's market.
One of the things mentioned is the jobs lost to mergers. When two big companies join up, generally one IT department wins and the other gets thrown in the trash. Dell is in Texas and EMC was in Massachusetts -- I wouldn't be surprised if they just emptied out EMC's offices in one day and sent maybe 2 or 3% of them to Austin. Big companies are the source of a lot of good-paying, middle and upper middle class jobs, and they tend to acquire a lot of people over time. It's inevitable that big clean-outs happen every few years or so. Another huge one the article didn't mention is the HP and HPE demerger, then split-sale of EDS to CSC. That must have been an absolute bloodbath, because I know people who work for the former EDS, HP Services and CSC. All of them are absolutely packed with layers and layers of project managers, account executives, etc. that can hang on for years because customers pay for them. The problem is that big companies have gotten so big that these mass-firings affect an entire industry. What happens when 30,000 people are competing for the same 100 jobs in an area, for example?
And yes, the other thing is the cloud. This one drives me nuts as a systems engineering guy, because the reality is that the cloud just shifts the same issues around in many cases. Your IT guys are not suddenly useless dinosaurs, as some DevOps consultants would have you believe. You still need people with a good grounding in the fundamentals of computing even if you completely rebuild your apps to be RESTful, microservice-y and fully buzzword compliant. Even with access to "infinite" computing resources, you have to deal with new problems like accounting for downtime you can't control, dealing with network latency, huge bills for using services you don't need, and integrating old-world applications with new stuff. The problem is this -- we have tons of people in the systems world who could easily be trained on this stuff. Shifting your focus from managing systems to automating stuff is a big shift, but it's doable; I'm working on it right now. What I'd like to see is the cloud providers work on bringing the IT side of the house into the tent, not just the developers. Microsoft's been doing an OK job with Azure, but they could improve and write documentation that doesn't assume decades of software dev experience. AWS is almost completely focused on developers. I'd write a book, but it would be out of date before it was published. Maybe I should start a video series or something...
This is like saying I spent $30,000 last year, so my finances took a big hit. I actually had income, so you know... my debts were paid down, savings were built, and I spent $30,000.
The U.S. Technology Industry surpassed 6.5 million employees in 2014, and 6.7 million in 2015. TFA and TFS say there were 79,000 tech jobs cut in 2015, but there were 200,000 more jobs at the end of 2015 than there were at the end of 2014. Now TFA and TFS say there were 96,000 tech jobs cut in 2016, so I guess we're looking at a job growth of 243,000 in the sector?
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It's over, folks. The capitalist/technological system is self-defeating; on the one hand you have the weird notion that you have to work every day to survive, yet technology increases all of our productivity.
We can't have both at the same time.
Sure you can. It's called doing new things. I'm currently involved in business process improvement at my workplace. I'm converting all of our paper forms into electronic forms. Additionally, I write automation & workflows for those forms. Multi-part forms automatically get routed from one person to another to perform different tasks after each part is completed. Once that's all finished, everything goes into our document management system automatically. So no printing, shuffling paperwork from department to department, or scanning. And it's done in a fraction of the time. That allows the people who worked on those tasks to do other things that we've wanted to do here but haven't had the time.
Taking guns away from the 99% gives the 1% 100% of the power.
Is there any reason to believe that available candidates represent the best and brightest? If so, they would be either happily (I hope) challenged at their current opportunity, if not of course they are on the market.
And changes have interesting effects. C programmers are not so widely needed according to some of the recruiters I know, and lots of C jockeys who learned the basics of other languages or environments were let go rather than be kept on doing minimal work. This is not new, but the pace is picking up a bit, and the industry has no steep demand curve for the foreseeable future.
Not good. Lots of displacement. Changes. The Cloud is going to cause a lot of problems. I know a few sysadmins who have figured out virtualization (what we called The Cloud once) is reducing the need for their services, either changing them into 'virtual' SAs with new skills and mindsets needed, or just displacing them as the hardware stacks shrink and shrink.
My work is plainly in the sights of the automators and robotics teams. The real question will be what happens when they can automate 80% of what I do. the last 20% is going to be tough to defend, unless they measure it as impact v incidents. Then it will become the 80% of impact they cannot quite automate. Yet.
My retirement plan is self-employment.
deleting the extra space after periods so i can stay relevant, yeah.
But context gets in the way of panic and outrage
"In America, first you get the sugar, then you get the power, then you get the women..." -H. Simpson
I guess it's better than a textile factory where they read the hidden binary code in the flawed weaves to find out who fate has determined must go next.
The problem is that the alternatives are also risky. First-world workers in general are taking it in the nuts due to offshoring, outsourcing, and automation.
I would note that plumbing, HVAC, and household appliance repair seems a relatively good option right now, being harder to offshore or automate.
But you never know, maybe remote-controlled repair bots controlled by $2/hr workers in Timbuktu will take over much of that, although some suspect that a sense of small, touch, dexterity, etc. is needed to do it right. Still, it could replace some repair tasks.
Table-ized A.I.
So sad, you're too dumb to recognize the shuffling of papers was so much busy work. Your electronic forms don't need to be filled either.
Actually, a lot of them do, due to state or federal requirements.
Taking guns away from the 99% gives the 1% 100% of the power.
We're overdue for a recession.
Incorrect - we've been HAVING the recession for years. We are now entering an expansion phase. Everyone else knows this (especially the markets), why do you not understand this?
When the tax rate drops hit you are going to see an unprecedented growth spree from businesses that have been choking on the U.S. largest corporate tax rate for the last decade or so.
"There is more worth loving than we have strength to love." - Brian Jay Stanley
There will be soon; along with financial analysts. Many of those positions are soon going to be replaced with AI (as it's foolishly being called).
If you're scared of your govt then you need to further restrict its powers
Vote 3rd Party in 2016 and beyond
A few years back I read a book on education that said,
"The future doesn't belong to those who find a job and keep it. The future belongs to those who can adapt."
"First they came for the slanderers and i said nothing."
I was totally distracted from the topic by the name of the outplacement firm "Challenger, Gray & Christmas". As in (shuttle) Challenger, (Fifty Shades of) Gray, and (Merry) Christmas.
It's like being a super-villain named Casanova Frankenstein.
Sounds like vague fluff, follow the synergy
Table-ized A.I.
Well, the book was an education book, and it was aimed at helping your students learn to adapt, so I would say it was more than fluff. To really answer that question we'd have to look at the book in detail and its particular advice. That would mean I'd have to go find the book, which is probably not worth the effort.
In our world though, meaning the world of software developers, it's definitely true. The worst about it is that the new technologies are worse than the old ones. I think I'd rather use PHP than an Angular stack, even though my knowledge of Angular is greater than my knowledge of PHP. And PHP is a mess compared to what came before it.
"First they came for the slanderers and i said nothing."
First-world workers in general are taking it in the nuts due to offshoring, outsourcing, and automation.
Nothing says that has to continue.
Twitter supports and protects racists - by smearing their critics with the "Hate Speech" label.
Better hire some H-1B visas! Americans are lazy and won't get trained in STEM!
We'll make great pets
>> There is no such thing as an unemployed lawyer
False.
I am very small, utmostly microscopic.
When that regulatory body has the means to enforce their requirements are met then it is not "busy work". It is "keeping the wolves at bay work".
Canada, although with higher unemployment overall, is trending up. +8.6% in natural & applied sciences and related (category including software developers) http://www.tcu.gov.on.ca/eng/l... See codes http://www23.statcan.gc.ca/imd... Alberta and Quebec are doing better lately. There are wide variations by provinces. http://www.etalentcanada.ca/pr...
sitting on evidence that the Trump campaign was in bed with the Russians
Ahh, Russians - the modern Goodwin law comes into effect.
It's funny you liberal simpletons have such a problem with Trump communicating with Russians - do you even understand how diplomacy is done? It involves talking to foreign governments.... DUH.
Couldn't find our message complaining about Obama telling Putin he would have more flexibility after the election... No "Red" flags there (har har!), no sir!
I'll let you have the last word since you conspiracy nuts cannot help but dig a deeper hole.
"There is more worth loving than we have strength to love." - Brian Jay Stanley