Should you be worrying about the layoffs in IT?

by Feb 16, 2024

Should you be worrying about the layoffs in IT?

Big IT compies are starting to lay off software engineers. Is this the start of major layoffs in the whole industry?

Personally, I don’t think so.


I think big tech companies were practicing fake growth to make investors happy.

Expending employees gave the impression that the company is growing. This inflated dev teams.

A lot of bll sht jobs were created.

Twitter showed the way. It fired 4/5 of their employees. Investors are starting to notice.

Then a new law became active: Section 174. Developer salaries are not fully deductible anymore.

I think a combination of these two factors caused the current layoffs.

So, if you don’t have a bll shit job, I don’t think you need to worry.


Subscribe to
The Daily Friction

A daily newsletter on automation and eliminating friction

Related Content

Standup meetings

Standup meetings Why have a Teams channel where everyone can post what they are struggling with, so anyone can respond to help and start a 1-on-1 call. If we can have 15-min meetings informing everyone once a day.

read more

Complexity <> Sophisticated

Complexity <> Sophisticated It can be just overly complex, because the person who created it didn't understand it well enough. Teachers face the challenge of breaking down complex subjects for their students. The ability to simplify abstract ideas without losing...

read more
Share This