Giant Companies Layoffs

aeric

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Recently I read about big companies like Google (Alphabet) and Microsoft firing 12,000 and 10,000 staffs. This includes Flutter team. This will cause Flutter project having a slow development in the future? Will Facebook (Meta) follows?

edit: Meta 11,000 staffs affected

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source: https://timesofindia.indiatimes.com...g-off-staff-globally/articleshow/97179972.cms
 
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LucaMs

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I just hope more innovation and growth especially in IT, not the opposite.
I think it is evident in most of the world that mechanical, electronic, IT innovations have always increased unemployment considerably (for example, a typewriter (or printing press) and a typist have taken the job away from at least 10 scribes ; in more recent times, emails have taken it away from millions (?) of postmen).

With robotics and artificial intelligence, human beings may almost never have to work again but if wealth is not well distributed, there will always be more hungry people.
 

EnriqueGonzalez

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Your perception is incorrect Luca. Technology has created more jobs than any other force. It is not unemployment it is shift of labour. From a manual labor to skilled labor
 

Mark Turney

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No. The example of the postmen is the most obvious. Technology in many cases allows one person to do work that used to be done by 10 or more.
But, sometimes not done well. I guess I'm getting old, as I still support quality over quantity. Automation can be great when applied to dangerous or underserved and tedious roles; however, there's no substitute for a real person with skills and experience. In many cases, tech companies hired too many that brought minimal value to their companies ... now, they're having to trim dead weight. My $0.02 ...
 

LucaMs

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But, sometimes not done well. I guess I'm getting old, as I still support quality over quantity. Automation can be great when applied to dangerous or underserved and tedious roles; however, there's no substitute for a real person with skills and experience. In many cases, tech companies hired too many that brought minimal value to their companies ... now, they're having to trim dead weight. My $0.02 ...
There are too many companies that would have made the mistake of hiring all those thousands of unnecessary people (and I am referring to those of the first post). I cannot believe this, it is more likely that in those companies artificial intelligence and even new machines (mechanics/robots) continue to allow the decrease in need for employees.
 

emexes

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Technology in many cases allows one person to do work that used to be done by 10 or more.

Or the same number of people to achieve 10x as much. ?

I'm guessing that there are as many people employed in supporting email services as no longer employed supporting stamp-on-envelope services.

Ditto motor transport vs horse-drawn transport, or fax vs courier, or bloggers vs mainstream media, or internet vs dead-tree dissemination..
 

LucaMs

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Or the same number of people to achieve 10x as much. ?

I'm guessing that there are as many people employed in supporting email services as no longer employed supporting stamp-on-envelope services.

Ditto motor transport vs horse-drawn transport, or fax vs courier, or bloggers vs mainstream media, or internet vs dead-tree dissemination..
No, and the proof is that 50 years ago there wasn't the unemployment rate that there is today.
 

aeric

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Companies hired for the sake of hiring. Companies firing for the sake of firing.
After these companies profited so much, they just thrashed the people that help them make the profit.
In Cantonese saying, 打完斋不要和尚 meaning "Don't need monk after praying ceremony"
This is bad for the industry.
 

Mark Turney

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Two days ago, I was thrown under the bus (details aren’t important) by two co-workers who I always thought had my back. After 30+ years in corporate America, you would think I’d know better than to trust. Of course, in good developer fashion, I had documented well … so none of the accusations stuck. My boss (the company owner) followed with the old “don’t take it personally … it’s just business”. I replied that it what war criminals tell tribunals (“just following orders”). He didn’t get the analogy, so I told him that I do take it personally when someone criticizes my work … specifically when it is others who are dropping the ball. I don’t separate ethics and morals out from my work or home life … it’s one life.

My point is that it’s good … until it isn’t. Things change, people lie to cover their own as-ses, and many people would throw their own grandmother off a cliff for a buck. It sucks, but it’s life.

Just focus on what and who is important to you. Always do the right thing yourself, because eternity is a lot longer than this life.

My $0.02 ?.
 
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