alt Hacker NewsMicrosoft is laying off 60,000 people. That's just the early pin prick of the layoff gusher that is incoming.
One million software developers will lose their jobs in the US over the next ten years.
The big firing waves will begin when valuations decline as the initial AI boom slows. That has started already, although it's early. Companies like CoreWeave will basically collapse. Investors will demand & reward the layoffs, efficiency push, the end of rah rah times will prompt the inflection on employment in tech. And it'll never be like it was ever again.
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seems like the opposite is occurring, job postings are climbing and so is comp
software is easier to build -> the world builds more software
But yes, the act of translating spec into code as a 'programmer' is gone for good.
Microsoft isn't laying off 60,000 people. They offered voluntary separation agreements, but nobody was laid off.
For 1 million software engineers in the US to lose their job you'd have to shrink the industry by 62.5% and nobody is doing that. We employ more software engineers this year than last year, which was higher than the year before which was higher than a year before. Get off the social media and look at real statistics and news.
This gleeful nihilism isn't health friend