Anyone who entered the tech industry in past decade+ has never experienced layoffs at this scale before. Young techies have experienced good times and high salaries. And the transition was quick -- just two quarters ago big companies were hiring techies by the hundred, now they're laying them off by the thousands. A lot of posters here assumed that in the worst case if their current gig failed they could go work on boring software for a year or so before finding something new, but now there's a lot more competition for that plan B job. And heaven help you if you're on a visa, have a health problem, or have a family -- could you be laid off next, and if so where do you go?
Anyone who entered the tech industry in past decade+ has never experienced layoffs at this scale before. Young techies have experienced good times and high salaries. And the transition was quick -- just two quarters ago big companies were hiring techies by the hundred, now they're laying them off by the thousands. A lot of posters here assumed that in the worst case if their current gig failed they could go work on boring software for a year or so before finding something new, but now there's a lot more competition for that plan B job. And heaven help you if you're on a visa, have a health problem, or have a family -- could you be laid off next, and if so where do you go?