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Tech Layoffs Shock Young Workers. The Older People? Not So Much.

https://www.yahoo.com/news/tech-layoffs-shock-young-workers-191628840.html

Millennials and Generation Z, born between 1981 and 2012, started tech careers during a decadelong expansion when jobs multiplied as fast as iPhone sales. The companies they joined were conquering the world and defying economic rules. And when they went to work at outfits that offered bus rides to the office and amenities including free food and laundry, they weren’t just taking on a new job; they were taking on a lifestyle. Few of them had experienced widespread layoffs.

Baby boomers and members of Generation X, born between 1946 and 1980, on the other hand, lived through the biggest contraction the industry has ever seen. The dot-com crash of the early 2000s eliminated more than 1 million jobs, emptying Silicon Valley’s Highway 101 of commuters as many companies folded overnight.

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3 hours ago, Jay said:

Tech Layoffs Shock Young Workers. The Older People? Not So Much.

https://www.yahoo.com/news/tech-layoffs-shock-young-workers-191628840.html

Millennials and Generation Z, born between 1981 and 2012, started tech careers during a decadelong expansion when jobs multiplied as fast as iPhone sales. The companies they joined were conquering the world and defying economic rules. And when they went to work at outfits that offered bus rides to the office and amenities including free food and laundry, they weren’t just taking on a new job; they were taking on a lifestyle. Few of them had experienced widespread layoffs.

Baby boomers and members of Generation X, born between 1946 and 1980, on the other hand, lived through the biggest contraction the industry has ever seen. The dot-com crash of the early 2000s eliminated more than 1 million jobs, emptying Silicon Valley’s Highway 101 of commuters as many companies folded overnight.

lol a ton of brain damage went into spewing out this garbage.

Generally speaking tech workers are going to be just fine.

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45 minutes ago, AngelsLakersFan said:

lol a ton of brain damage went into spewing out this garbage.

Generally speaking tech workers are going to be just fine.

The big companies over hired when their stock prices went through the roof. The smaller tech firms will gobble them up. There is still a strong need for programmers and software architects. 

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4 hours ago, Jay said:

Tech Layoffs Shock Young Workers. The Older People? Not So Much.

https://www.yahoo.com/news/tech-layoffs-shock-young-workers-191628840.html

Millennials and Generation Z, born between 1981 and 2012, started tech careers during a decadelong expansion when jobs multiplied as fast as iPhone sales. The companies they joined were conquering the world and defying economic rules. And when they went to work at outfits that offered bus rides to the office and amenities including free food and laundry, they weren’t just taking on a new job; they were taking on a lifestyle. Few of them had experienced widespread layoffs.

Baby boomers and members of Generation X, born between 1946 and 1980, on the other hand, lived through the biggest contraction the industry has ever seen. The dot-com crash of the early 2000s eliminated more than 1 million jobs, emptying Silicon Valley’s Highway 101 of commuters as many companies folded overnight.

Don't worry.  The economy is strong.  Jobs keep getting added every month at a healthy pace.  I'm sure these guys making $100k plus can find equivalent jobs at all the service industry establishments that need employees.

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6 minutes ago, gotbeer said:

Don't worry.  The economy is strong.  Jobs keep getting added every month at a healthy pace.  I'm sure these guys making $100k plus can find equivalent jobs at all the service industry establishments that need employees.

None of these people will be taking on a service job 

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5 hours ago, Jason said:

Take My Money GIFs | Tenor

It's a bit disappointing that there isn't a turret though 

I read a story today that said Tesla can cut the cost on their electric pieces of garbage so much because they cost nothing to make.  And those that own one are morons.  True story.

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10 hours ago, cals said:

I read a story today that said Tesla can cut the cost on their electric pieces of garbage so much because they cost nothing to make.  And those that own one are morons.  True story.

I have worked on and taught Tesla classes on jigging them.  I will attest they are pieces of shite.  You have to hook them on a Jig just to change a door knob. 

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