Despite business and investor hype around generative AI last year, information-technology hiring slumped as companies laid off workers and sought to cut costs.
  • RedditWanderer@lemmy.world
    61·
    10 months ago

    But also in 2020-2022 saw one of the biggest rushes to capitalize on social welfare. Companies knew people would be at home looking for something to do, so they all expected incredible growth.

    They did make incredible profits, but not growth, and now we are seeing the biggest layoff waves in decades because there was never any growth, just short term profits.

    This is essentially privatizing profits and socializing losses. It is still greatly hurting us today when they tell lie that cost of living has to go up because everyone is broke. The rich aren’t broke but they put on their rags and joined us at the table, ready to buy up all our cheap shit.

      • RedditWanderer@lemmy.world
        4·
        10 months ago

        If there was hope, it must lie in the proles, because only there, in those swarming disregarded masses, eighty-five percent of the population of Oceania, could the force to destroy the Party ever be generated. The Party could not be overthrown from within. Its enemies, if it had any enemies, had no way of coming together or even of identifying one another. Even if the legendary Brotherhood existed, as just possibly it might, it was inconceivable that its members could ever assemble in larger numbers than twos and threes. Rebellion meant a look in the eyes, an inflection of the voice; at the most, an occasional whispered word. But the proles, if only they could somehow become conscious of their own strength, would have no need to conspire. They need only to rise up and shake themselves like a horse shaking off flies. If they chose they could blow the Party to pieces tomorrow morning. Surely sooner or later it must occur to them to do it.

      • amzd@kbin.social
        4·
        10 months ago

        John Steinbeck once said that socialism never took root in America because the poor see themselves not as an exploited proletariat but as temporarily embarrassed millionaires.

  • Snot Flickerman@lemmy.blahaj.zoneEnglish
    43·
    10 months ago

    When everything is going wrong, the boss says “What do we even pay IT for?”

    When nothing is going wrong, the boss says “What do we even pay IT for?”

    Doesn’t matter how important IT Security is these days or how many big corporations have been hit with ransomware, IT is still considered only important if there is an active security event, otherwise its a forgettable cog in the machine.

    Expect more data breaches as more companies cut costs in their IT departments.

    • Godort@lemm.ee
      18·
      10 months ago

      You dont fire your janitor when your hallways are clean.

      Eventually they’ll realize that IT is important and bring them back. Or, management will change and they’ll go through the whole thing again

      • tsonfeir@lemm.ee
        16·
        10 months ago

        My friend is a manager at a hospital. The union that manages the janitors and a number of other groups went on strike and they told me about how there were overflowing trash cans, shit on bathroom floors, and random trash all over the hospital after one day.

        To correct for this, managers who were not on strike had to pick up extra tasks that aligned with their skill set. Humorously, the only thing the CEO was qualified to do was be the janitor, as they had no medical related experience and could not assist with those jobs.

    • ihavenopeopleskills@kbin.social
      4·
      10 months ago

      Eh…they’ll just pay the ransom like everyone else.

      There are two markets for cybersecurity:

      1. Private companies who get it
        (of which there aren’t many)
      2. Federal government
        (who lives on the nonstop taxpayer gravy train)

      The manufacturing and engineering worlds still need people, and it dovetails well into our existing skillsets.

  • ryan213@lemmy.ca
    10·
    10 months ago

    IT departments have been replaced by big toilets. (IT Crowd reference, just in case)

    • Snot Flickerman@lemmy.blahaj.zoneEnglish
      103·
      10 months ago

      My memories of the IT Crowd would be a lot fonder if Graham Linehan hadn’t hamfistedly shoved in all the anti-trans shtick he could.

      And this was before he was officially a full blown anti trans nutjob.

      It also sits as the lowest point in Matt Berry’s career.

      Otherwise a good show, but brought down because Linehan is a fucking tool.

    • Paddzr@lemmy.world
      1·
      10 months ago

      Over expansion? Lets call it what it really is. Stupidity. Tech start ups with more brains than wit. As soon as any hard decision has to be made, they fold. It’s what happens when you hire people with no management experience because they’re cheap and aspiring.

      I see it a lot in colleagues who fell for it. A lot of companies are culling big time.

  • some_guy@lemmy.sdf.org
    1·
    10 months ago

    My company had two rounds of layoffs and I got axed. I found a new position that pays better with easier work. I was in a lucky position to be able to wait for something I really wanted to come along, so this isn’t suggesting that it’s a grass-is-greener situation.