My bad.. Tech crunch said over 200,000 ,but that is still sizable chunk and it's still insane!rudder wrote: ↑July 9th, 2023, 4:21 pmAFAIK he wasn't an engineer. He started out just doing a coding bootcamp with guaranteed job placement, and described his job as being a "digital factory worker" so it sounds like he wasn't very high up in the food chain. I don't think he has much savings. Living in coastal California puts a big bite into whatever income one makes. He does have a nice organic 20 acre fruit and vegetable farm to fall back to that his dad has basically paid for and built up over the years. He also pays child support to his daughter's mom since they divorced a few years ago.Natural_Born_Cynic wrote: ↑July 9th, 2023, 3:47 pmYes, I heard Silicon Valley has laid off over 300,000 people for the past few months this year. I am sorry to hear about your friend's layoff.rudder wrote: ↑July 9th, 2023, 3:41 pmMy friend was a coder for the past 6 or 7 years in bay area California. He just got laid off about two months ago. Now he's travelling the world. I suppose that's smart. You only live once, better see things before the money dries up.Natural_Born_Cynic wrote: ↑July 9th, 2023, 9:29 amBetter save your money now and be an investor or a landlord in the future. Most employees are going to be obsolete in a Tsunami of mass layoffs.
I hope he got some savings and some plan to live abroad in a cheap country. Normally people from Silicon Valley's FAANG jobs get scouted by lower tier companies when they get laid off. If he is a software engineer from the Valley, he can apply for mid to lower tier companies and get accepted there. Although the salary would be half as much...as he got from the Valley. One of my college Professor worked for Google but then got laid off and end up teaching at my University. His salary was only 150k, half of 300k. It was back in 2014.
Honestly what you just said about that sheer quantity of layoffs really makes me doubt heading back to the USA. I've been three years out of my industry (trucking) and things haven't been that great for trucking lately either. Makes me wonder if there would really be that many opportunities. Of course, I have to try. It's not like I'm going to opt for trucking in South America or something. Maybe someday just for fun in Chile (supposedly highest-paying country in SA for truckers) but USA is still the best for trucking. Australia probably a close second, but they don't have work permit options for truck drivers, and that country is too isolated, and I would feel nervous being there after seeing how they acted post-Wuhan.
https://techcrunch.com/2023/07/06/tech- ... offs-2023/
Well at least your friend has his dad's farm to fall back to.
You were a Truck Driver? Truck Drivers make good money now. The starting salary in my area, the East Coast, is 72k with benefits.
I heard you can make lot of money in the trades in Australia.. I don't know about the work permit requirement there. Still you can get into the trades in the U.S and make some decent money although you have to go through their school program and work your way from the bottom..
I know Germany has a good apprenticeship trades program... but you must speak some German and get student Visa there.
Yeah.. I don't know. I was hoping to switch my career into tech, but since the coming of Chat GPT, the possible recession, and learning new frameworks until the day you die, I rather pass. Logistics doesn't make me rich, but at least it pays the bills and leaves me some money to invest.
It's not ideal, but better than nothing..