Modern technology is significantly shaping the home improvement industry, enabling faster renovations, producing better quality materials, increasing safety through remote technology, enhancing augmented reality, and introducing eco-friendly technologies. The industry is constantly striving to produce lighter, stronger, and more durable products, with newer quality materials like plastics, carbon fibers, fiber optics, less reactive metals, and stronger alloys.
The pandemic has sparked an unprecedented surge in home and backyard projects, with demand outpacing supply of materials and labor. Consumers are increasingly relying on digital channels for their home improvement plans. Technology provides more transparency and control, while the unexpected strength of the home remodeling market made 2020 the tenth consecutive year of expansion.
As more homeowners go online to find contractors, home improvement businesses must stay updated with technology trends. Augmented reality (AR) technology allows customers to try before they buy, allowing them to make changes like placement, color, and design. As more homeowners go online to find contractors, businesses must stay ahead of the “technology trends” in the home improvement sector.
Tech innovations in home improvement are making the sector grow, taking huge leaps, providing extensive opportunities to make home construction and living easier. With the entry of technology in home renovation, speed and efficiency of designing work have tremendously improved. These new technologies not only ease the sales process, saving time and labor but also help manage risks inherent in traditional methods.
In conclusion, by embracing the power of innovation and emerging technologies, your home improvement business can transform traditional methods and become a leader in the home improvement industry.
📹 How One Young Entrepreneur Discovered A Way to Improve Supply Chain Logistics With Augmented Reality
Sponsor Content by Dell Technologies Faced with the strenuous demands of manual warehouse jobs, frontline operators turn …
How technology has impacted the industry?
Transformations in production and distribution processes are facilitating enhanced efficiency, reduced costs, and expanded market reach for a range of industries, enabling global e-commerce and reshaping traditional retail models.
What are the disadvantages of technology in construction industry?
Construction technology costs can be a significant risk in the industry, with rising material and labor costs leading to hesitation in implementing technology. However, once implemented, technology can create efficiencies, increase profits, and reduce costs over time. Changing mindsets and creating an optimistic atmosphere towards the end goal is crucial for overcoming implementation challenges. Software platforms can help streamline workflows, manage projects, minimize defects, and meet tight deadlines.
It is best to work with a construction technology provider who can help determine appropriate technologies and ensure full adoption, including necessary training. Instead of viewing technology as a costly endeavor, construction companies should view it as an investment for long-term sustainability. With the right people, equipment, and technology, leaders can position their organizations for success and mitigate risks of falling behind competitors.
How does technology impact the home?
The advent of the smart home has brought about a revolutionary transformation in the way homes are designed and utilized. These intelligent dwellings offer a multitude of benefits, including simplified system operation, enhanced comfort, and robust security. The ability to remotely monitor and control various aspects of the home, including temperature, lighting, and security, not only streamlines maintenance but also enhances overall security.
What are the negative effects of technology in homes?
The use of digital devices has been linked to a number of adverse effects, including addiction, impaired communication, health issues, deterioration of vision and posture, and prolonged sitting due to excessive computer use. These effects can contribute to a decline in overall well-being.
Which industry is most affected by technology?
Digital disruption is a growing concern for businesses and industries, with a survey by the Global Center for Digital Business Transformation revealing that while it offers benefits, it also poses a threat to survival. Future businesses and start-ups are exploring new ways to compete and dislodge incumbents, with the last decade seeing exponential progress in technological disruption. This disruption is affecting various industries, including banking, healthcare, hospitality, construction, manufacturing, packaging, logistics, and insurance. Some industries that have already been disrupted by cloud technology include media and entertainment, technology products and services, financial services, retail, telecommunications, and education.
How has technology improved building?
The use of technology in construction has significantly improved efficiency and cost savings, with automated processes and precise planning reducing time and material waste. Future trends and innovations, such as AI, machine learning, and 3D printing, are expected to further enhance construction efficiency and enable more complex, sustainable designs. Sustainable technology applications, such as green building materials, energy-efficient systems, and waste-reduction tools, are also becoming increasingly important in reducing the environmental impact of construction projects.
How is technology affecting the construction industry?
The construction industry is undergoing a significant digital transformation, reshaping the way buildings are designed, constructed, and managed. To fully benefit from technology, the industry needs to invest in training and development to equip its workforce with digital skills. Collaboration between stakeholders, including technology providers, contractors, and policymakers is crucial to overcome challenges and drive innovation. This ongoing journey can enhance productivity, improve safety, reduce environmental impact, and deliver higher-quality projects.
What is one example of how technology has changed the home?
The advent of high-speed broadband in residential settings has supplanted the necessity for dial-up connections, enabling a multitude of activities that were previously constrained by slower data transfer rates. These include the streaming of multimedia content, the navigation of the internet, the initiation of video calls, and the downloading of voluminous files. This reliable connection also serves as a gateway to modern devices, such as smart TVs, which have become a significant source of competition for DVD and video players in many households.
What is the home improvement industry?
The home improvement industry encompasses various home improvement projects undertaken by homeowners worldwide, including garden work, DIY projects, and home decoration. The industry has experienced significant growth in recent years, encompassing the sale of building materials, appliances, décor, and services offered by contractors, tradespeople, and workers. Homeownership is a significant part of the global economy, with many consumers seeking to make their homes more attractive and functional. In recent years, they have also started introducing integrated devices that automate various home functions. The home improvement industry is stronger than ever.
What is the outlook for the home improvement market?
The U. S. Home Improvement Market is expected to grow by 3. 2 in 2024, with consumer market sales accounting for a larger portion of the market. Although the housing market is currently in a subdued state, the outlook for home improvement spending remains optimistic for the later half of 2024 and 2025. The latest Home Improvement Size of Market forecast is positive, with inflation stabilizing and a cut to federal interest rates anticipated later this year. Individuals are feeling more confident about the economy and spending, and builder confidence is recovering after sharp declines in 2022.
What is the world’s largest home improvement company?
The Home Depot, founded in 1978, is the world’s largest home improvement retailer with over 2, 300 stores across North America. The company aims to excel in service to customers, associates, communities, and shareholders. The company’s culture and success are built on eight guiding principles, including the Inverted Pyramid, which focuses on putting customers and associates first. The Home Depot’s success is built on their dedication to excellence and their commitment to their values.
📹 Where Are Laid Off Tech Employees Going? | CNBC Marathon
CNBC explores challenges currently facing U.S. tech workers, including mass layoffs, widespread cuts in company budgets, and …
I have a friend in Mexico City who works for a US company as their NOC administrator. In the US a job like that pays around $75k to $95k per year. The company is paying my friend $1,500 a month for the same job. And he thinks he’s being paid very well. I think the outsourcing trend is going to continue.
I really hate the narrative that because unemployment is so low things are good. I lost my job in a tech company and I’m technically not unemployed now, but would consider myself “under-employed” as I’m working at a local coffee shop and can’t get another job after 100s of applications anywhere else. Amazing advice in this article too, “Find your own job!” Wow! I didn’t even think to try that! I also think a lot of tech workers who were laid off can’t even apply for unemployment because of the serverance payments and thus aren’t being counted in some of these numbers. It makes me so angry that stocks for these companies are rising and CEOs are getting even richer when it feels like the hunger games out here for even one job with barely a living wage. I think discussions like this miss the entire point. It didn’t even technically answer the question of where the people being laid off are going… It’s not like we’re all going into AI and moving to Canada…
My wife interned for a big company back in college, after she graduated, she got hired. Almost a year later, they fired her. She was given a massive severance pay, and I mean a massive one. We used that to start our own biz, pay is less, but we make our own work hours and way less stressful. Can’t trust any of the big companies as its all for profit; you’re just another expendable body for them, no company is worth given your life for.
Replacing human workers with AI just stagnates the economy even worse. That’s less people earning and spending money which stimulates economic growth. If less Americans are working and spending money then it’s just going to freeze the economy up. Corporations will be replacing workers with AI for no reason once they realize none of their consumers have money to buy their products anymore lol. Not a very bright marketing/advertising approach.
This last week I heard about a Sr Director let go with a good severance package. This Sr Director person had an engineering degree from a reputed university and an MBA as well. A steady growth was this persons characteristic. And was a mentor to a bunch of people. Guess what, last week the person was gone…sorry for all caps.. IT DOESNT MATTER A BIT OF WHO YOU ARE AND THE DEGREE YOU HOLD, ALL THAT MATTERS IS THE COMPANY’s QUARTERLY PERFORMANCE. Focus on yourself and your health.. that’s your investment
It was a terrible experience working with people on H1B visa, from Asia and Europe, lacking North America culture and value, back-door office meetings, only promote people of their own culture ethnicity. Canada needs to be aware of this, and eventually shut down the pilot program. Trudeau needs to leave so that someone can clean up the homeless issues in major Canadian cities. How did you think CEO of Google and Microsoft get to their position? from talent? Absolutely not, from hiring more of their own people, when the pile gets big enough, one gets to the top.
What is so horrifying is the inhumanity behind these lay offs. These companies hire with immersive onboarding processes – welcome days, catered events, company merch, etc. But it only takes 1 nasty email and few minutes warning to let you go. Getting laid off impacts people emotionally, financially and mentally – they offer no support. It’s how they’re choosing to lay people off that really sucks👎
The people doing the layoffs cant see further than 3 years into the future. The real impacts of these layoffs will become more obvious as systems become more unreliable, and issues become more prevalent and more difficult to diagnose and fix because you fired all the people who designed and built these systems before they could do a proper handover. Would you fire half of your mechanics, make no changes to their pay, but increase the number of cars coming into the workshop? Would you expect them to be happy? Would you expect the quality of the work to go up or down?
As a 22 year old Software Engineer who just graduated from College last month, I can attest to how tough the job market is right now. I’ve applied to well over 100 jobs and have only had about 4 or 5 interviews. About 70 of them didn’t even bother to respond at all to my application. Unfortunately that’s the way the job market is right now, but it’s not permanent. Just keep applying 😃
I didn’t read all the comments and I m sure some has mentioned the elephant in the room already. It’s called outsourcing to other countries. 😉 This is the biggest impact on tech jobs. AI is second in line. The greed of businesses and CEOs from the country where tech jobs are being outsourced is killing even the most talented workers. Amazingly media doesn’t talk about it. At least not enough
I’m a 63 year old software developer and cloud engineer and was told that one person from my team would be laid off at the end of this month. When i started at this job five years ago, there were 11 of us. Now there’s 3. They said one would be gone this month and the other 2 will likely be laid off in March 2025. This all started with a change in executive leadership a few months ago. I’ve been laid off through no fault of my own five times since 2001. It really got much harder to find a new job after 50 so i can only imagine what I’ll face trying to find a job. Economy is in the toilet. My son is a project manager for a Home improvement company in a very wealthy area and he’s worried about his job because business has basically dried up.
A lot of US companies like to replace us citizens with green card holders since they can pay them a lot less (for example Disney and Southern California Edison). I would say that maybe the competition with Canada for tech workers will help US tech workers however I’m now seeing tech companies moving those positions to cheaper offshore sites like Costa Rica.
I’ve been working in a warehouse for 3 years and keep telling myself that I need to go back to school to get some skills to get a better job but I’m just scared that my time and resources are going to be wasted. I know that nothing is certain in life, but it’s just crazy we dont even live in a true capitalist society, it’s complete corporatism at this point especially after covid– small businesses are being wiped out at alarming rates and we’re all completely dependent on these markets that can just fling us away whenever they want. It’s so discouraging.
AI isn’t that great. If AI is so great why known of these companies globally are not letting AI run their companies. Over hiring and interest rates increasing is the reason every sector is laying off. Plus companies need to make their investors happy. If you think AI is the reason for all mass layoffs you’re kidding yourself.
🌟People dont understand that the prices of things are never going back down. This inflation is deeper than we think. Those buying groceries are well aware that the real inflation is much over 10%. The increments dont match our income, yet certain investors still earn over $365,000 in stocks and assets. Wish I could accomplish that.
automation and AI aren’t exactly the same thing. I think the bigger issue is automation not AI. I think the only thing AI is really doing right now is helping software developers work faster. That’s about it. But what about when they start jacking up the prices of using AI? But, again, I still think automation is the bigger issue.
It sucks how we have to live in a capitalistic society where something like this will destroy your life. Capitalism is so fragile that a bunch of people spending less money creates job loss and throws people on the streets. Like, god forbid billionaires take that personal loss so their employees can eat.
US Work History and Future outlook: 1. Only dad worked a full time job 2. Dad and mom work full time 3. Dad works 2 jobs and mom works full time 4. 20 years into the future: Both parents work 2 jobs 5. 50 year into the future: Both parents work 2 job and teenagers work full time to support their families instead of having spending money 6. 100 years into the future: People finally had enough and there will be a revolution causing a major change how the US economy works.
As company executive compensation become increasingly tied to stock prices and beholden to shareholder boards, this trend is going to continue. Easiest way to boost the bottom line for Wall St. is to make cost cuts (easier than driving new sales or boosting demand via innovative products/services). While company executives are laughing their way to the bank and stock prices are reaching all time highs, the average employee will pay for it with their livelihoods. Most company execs don’t care about the long-term consequences of cutting talent and investments because they’ll just jump to their next cushy job and leave the mess behind for someone else to clean up.
Same applies to Finland. In essence, Finland is the best place for illegal immigrants, refugees, asylum seekers etc. Coming to Finland as a legal immigrant (likewise me) to study, work, invest etc. is a waste of time. Ignore what Finnish companies say about dream job, happiest country on the planet, etc. These are all fake!
Unskilled people working in tech are let go, how shocking. Essential and skilled professionals are let go last. I was consulting a couple of years ago for a handful of billion-dollar investment companies and was shocked that it was people in lead positions that didn’t know the basics of things like SQL. My team and leaders would often jokingly question how some of these people were able to get their jobs. It was also a lot of Indians in these high paying positions that didn’t know what they were doing. My company at the time worked with the top companies globally, so my team also consulted with trillion-dollar institutions worldwide.
My bootcamp lied to me & I could not even enter tech. I just gave them 20k & years of my life to go nowhere & amass debt during covid. I’m still desperate for a career at 42, but the tech industry just seems like a worthless piece of predatory trash. Frankly, I think me trying to enter tech has started my getting old & hating technology. I now hate hate most things involving technology & I was not like that before. It feels like I wandered into a cult, had my shoulders rubbed, & was just kicked out of the moving car along the side of the highway.
Since 2022 until now there were more than half a million of tech layoffs. CNBC somehow believes that more H1B workers are the answer. H1B visas (80% come from India) are great at depressing wages and having more Americans unemployed. Right now many Canadians have had enough with the amount of immigrants coming in and taking the very few remaining jobs and increasing the cost of housing and basic necessities. Soon Canadians may have another governrnent.
9:00 Layoffs are often a sign of leadership failure. Maybe with the support of unions, public trading regulations, and government pressure, any major layoffs at big companies should result in the top leaders (CEO, CFO, COO, CHRO, etc.) being the first to be replaced. They’ve failed to protect the company’s most valuable asset—its people. This would make them think twice before hiring and firing on such a large scale. It’s crazy that these leaders cut jobs to boost stock prices, get big bonuses, and leave thousands of laid-off workers struggling to make ends meet.
They did us dirty up here and it’s not only skilled or tech workers who’ve been let in! We don’t have the infrastructure to support this great influx of population and this was done without the citizens’ permission, we didn’t ask for a landscape change overnight, it is us who are affected not those who make the policies or implement them. Enough is enough
To anyone still looking at the comments; the article didn’t answer the question it proposed. “Where do we go?” Nowhere. That’s the point. They DONT care what happens to us, and we have nowhere to go. In this game, the only winning move is not to play. What you do when your back is against the wall is up to you. Wall Street and the rich have shown their hand and played it, now it’s your move.
I’m not surprised at all by this. 25+ years ago before and after the internet bubble, I sold my share at a startup and went to work at 2 of the largest tech and media companies in my country, and the amount of lazy worthless stupid talentless idiots they had on payroll was insane. They even had the nerve to log overtime without even been at the office, because all the supervisors were dumb AF and never checked. When they crashed and fired everyone, instead of keeping only the best, I decided to never work for someone else, especially huge stupid corporations. Best decision of my life. I became a millionaire later, without a single investor or partner. The corporate sector sucks. And its the same in almost all countries I’ve been. Their managers are dumber than a pile of bricks. Its a miracle how these companies are able to stay afloat and make billions from stupid customers. We live in a clown world.
Please worship the CREATOR OF THE UNIVERSE, THE LORD GOD and try not to worry too much about the differences between the different religions and denominations, try to think about the similarities and the things they may have in common more than the differences. Daily prayer is a fundamental part that many people do not practice although it is encouraged. “CREATOR OF THE UNIVERSE, LORD GOD, I beg you to never force me to worship any false god or object and I ask you for forgiveness for my sins and immorality. Thank you for everything. Amen.” Please pray this now, pray the words as you read them if you cannot look and remember them 🙏🙏 and please know that daily prayer will give you the help that GOD wants you to have. 🙏🙏🙏 Thessalonians 5:16-18 “Rejoice always, pray without ceasing, give thanks in all circumstances; for this is the will of GOD in Christ Jesus for you.” 🙏🙏🙏 Daily prayer is the key to success in politics and much of life, if only more would practice it 🙏🙏
How fast things have changed. At the start of my prime 20 years back, we still hold the belief that landing a stable job in a MNC, we can safely plan for the long term of our future like starting a family, buying a house and whatnot. Today, it seems to me that if one is able to stay in the same company for upwards of 5 years, it’s already record shattering. The tech bosses waxed lyrically about AI with little mention of what kind of new careers await people who need jobs. I guess everyone will eventually go back to farming, mining, sanitary work etc, with AI taking over. Or alternatively, sign up as soldiers to enable more warring desires of a few.
These days, layoffs are not necessarily due to a company’s performance, but rather poor leadership decisions aimed at saving a few dollars and treating employees as liabilities. It’s all driven by stock prices—companies are focused on keeping their stock climbing, often at the expense of their employees, products, or services. However, this approach won’t last long. When employees are laid off without valid reasons, they will inevitably discuss it with their peers, no matter how generous the severance package. In the long run, this will affect prospective candidates, who may become less interested in applying for roles at these companies in the future.
00:06 Tech industry layoffs impacting diverse groups 02:44 Tech industry layoffs signal dramatic shift. 07:55 Tech layoffs changing industry perception 10:52 Tech sector layoffs have not yet affected non-tech sectors significantly 16:19 Big Tech faced layoffs post-pandemic growth. 18:40 Tech employees facing layoffs amidst high compensation for company leadership. 23:40 Gender disparity in tech layoffs 26:13 High skilled tech workers are leaving US for Canada due to visa issues 31:13 H-1b visa holders from highly populated countries face lifetime waits for green cards due to backlog and country cap restrictions. 33:38 Canada is developing specific streams for highly talented people to work for tech companies. 38:33 Tech workers prefer Canada over the US for permanent residency due to stability and opportunities. 40:59 Tech employees prefer staying in the US for career opportunities. Crafted by Merlin AI.
x doesn’t need all those employees that were selling ads anymore, no one was buying anymore. They don’t need engineers making a large platform scalable if it’s no longer a large platform. And they don’t need to host voices chats that sound normal when they can sound like you’re underwater and it’s fine. If your income goes down you really don’t need the employees you need in a company that’s growing their revenue. Building takes employees, maintaining takes much less, a low death spiral less still.
21:11 What a ridiculous statement to make there (I rolled my eyes when they said “could”). “Could” Ai be a reason for layoffs? For Google and other companies deeply involved in very specific Ai creation (for jobs like sales and code maintenance) maybe. But what about right-shoring (aka off-shoring)? I’d say that’s what’s more likely taking the most amount of the US tech office jobs now than Ai.
Laid off a ton of people and then gave the executives/CEOs huge bonuses. Those people who don’t need the increase in wealth get it, while the people that did all of the work to grow a business gets cut. CEOs and executives pay should be addressed. Why does ANYONE need a BILLION dollars. Mark couldn’t say, I’ll give my bonus back to the company to keep the employees??
First of all, it is american corporate management that moves all the IT work to offshore for more profit and cost-cutting. Also you need 24*7 365 days production support & maintenance for banking, telecom, healthcare and offshore is forced to do that. There is not enough IT workforce here and H1B’s are ready to relocate to any corner of US like Montana, Dakota, Hawaii etc. with family.
Brittany was fired for her performance… her sales never materialised…YOU HAVE TO ATLEAST MEET YOUR METRIC… that article makes her seems like a victim… NOPE… plus never worked for the company she worked and don’t know her… But if you work, the basic rule is to comply worh your target… Why she is portrayed as victim… She did the company dirty as well and broke many laws by recording and reposting the article… This my generation is such a sus and cries victim all the time… If you want to be cradled go to your parents want to be an adult, grow a pair and be responsible No tech worker is complaining they don’t have jobs or on unemployment benefits…. what does this signify???? CNBC and other news media have became just propaganda news… From.manipulating the narrative and original articles why are they hellbound on creating a sense we are doomed….. I plead everyone to.waych Brittany article amd you shall see how she debates her non performance and blames on customers…. This is what ABC news has been doing in usa and world wide… ABC is tangled for article manipulation to make soldiers look like they are doing war crimes…. And CNBC is making a saviour out of a non performing sitting on ass person… His has left bad taste in mouth… Do better ….
H1B program is nothing but indentured labour scheme, and should have been reformed long time ago. As for “moving to Canada” option – if one cannot find a job in the USA, just try finding one in a country with job market 1/10th of the size while competing with a bit more educated population; with salaries 20-30% lower, and taxes and cost of living higher. (yes, I know all about vaunted Canadian universal healthcare firsthand – it’s a mess, in no small part due to new arrivals overwhelming the creaking system)
It’s not AI. These jobs are going offshore to cheap internet-borderless countries like India at $15000/per year. With additional bodies hired from half the savings (the other half of the savings goes to executive bonuses), everything appears like it was done by AI. It’s cost-cutting offshoring with AI as the new illusion.
Germany Germany is hardcore recruiting in America right now and its working. USA is losing some of its talent because of this. The government shouldnt intervene, its not up to government to force companies to hire/fire but it is testament to the shifts in power. Whoever has the most STEM, the greatest talent will win the coming decades. USA is leading but many countries are catching up, fast.
Sometimes employees don’t perform. The type of attitude that would record their firing is the type of person id fire. Not a team player. Whats hard, she didn’t hit her numbers? Facts. Feelings get hurt, you improve and get better and your next job is bigger and better. How many many people lose when a company gies out of business? These are facts. Twitter is still here. Things don”t need to change because of “feelings”, toughen up people.
As an American expat, I’m always shocked at how entitled the world feels to American citizenship. Yet, other countries hardly offer property rights, licenses, or naturalization, or general acceptance of naturalized citizens in politics or leadership. The more you travel the less sorry you feel. The US is more than generous. Over 50% of foreign born will become citzens, second only to Canada.
These companies do not care for you. I was laid off by email. My manager didn’t know, his manager didn’t know. RTO is just another way to layoff employees. They will happily discard you and completely wreck peoples lives. The shiny offices and perks mean nothing. I spoke to a recruiter from the SAME tech company 2 months later that had a position open, it was paying 40% less and required working in the office. You are a cost center, you do not matter. Your life and family do not matter. Their stock price matters and Blackrock owns them all. I will never work for a large tech company again. Be careful out there.
I really hate these companies, HR strips you away from a non-toxic environment, with the promise of giving you more money. You end up there, realize they are toxic and they have no reliability, accountability or predictability. One thing I learnt from being in my 40, watch out where you go next. Might get you unemployed for months. And don’t think this will not have effects on the long term. People should think twice if they wanna work for a big company. Their interview process is brutal and their work environment is also brutal, so that the management can afford higher pay.
22:15. LOL The idea that job displacement by AI would in turn create more jobs is absolutely absurd and just plain dumb, that guy is really lying cause there is no way he is that ignorant. First off, we work less now than we ever did, an average around 34 hours per week by the people that work in the private sector, and it’s becoming even less everywhere in the world. Especially considering the push for a 4-day week in Europe. Less hours per week then in the entire time of human existence, not just the last 20 years, ever. We have too many openings coming up as the baby boomers fully retire by 2030, and no one is having kids anymore, a declining fertility rate that is accelerating everywhere. Also, the jobs to open up will be AI jobs, and you think normal people working at regular low paying jobs, that’s about to be automated, will do the jobs? Why are we all lying? If you have met these AI researchers, it’s not like they are making up the bulk of majority that are capable of thinking at that cognitive level. It’s a very select few. So, no babies, less hours than ever, automation, skill level. You would have to be a brainless turkey to believe this crap. Yes, people our jobs are going to be replaced and there is nothing you can do about it. So, start a business and get cracking, cause the businesses will cut you as soon as AI becomes a more cost-effective action.
They are sending these jobs to India where there are no strong labor laws. Employees are made to work for 12-14 hours and dying of stress & overwork. A 27 year employee of EY died due to over work and stress at work. This has created a big debate among young Indians on corporate culture in India. You’ll must pick this story.
The tech industry is relentless, with many jobs demanding excessive overtime. There’s a staggering amount of unpaid, unreported work being done—driven by fear and the pressure to meet impossible expectations. If I could do it all over again, I wouldn’t choose tech. This industry drains your life while dangling a reward you’ll never actually receive.
So if you’re a dedicated software engineer, you’ll find another job. If you just work as a professional paper pusher for a tech company, be wary. If you don’t know hard skills, you’re always going to have to chase the market. Even in a place with millions of brick layers, the most talented and innovative ones will find work.
It’s the operations department employees who are fired, not the core IT/Software etc jobs. then they hire new staff from outsourcing companies with lower salaries to keep shareholders happy. Meanwhile, folks in IT/software departments hire more, with high wages. that’s why you see more male South Asian dominance in tech jobs. Western countries should focus on STEM subjects as social science/art degrees are mostly pointless.
This is why I don’t believe in “dream jobs.” Anymore than I believe in the Easter Bunny or the Boogeyman. What I do believe in, however, is a dream lifestyle. Choosing a career without knowing what kind of life you wanna live is like going to the airport and getting onboard a random plane without having any clue where it’s going. Choose your destination first. Then pick the vehicle.
Tech’s going through some real growing pains right now. Layoffs are hitting hard and fast, shaking up a lot of lives. The AI boom is exciting, but it’s not exactly a cure-all. And with Canada opening its doors, the brain drain is real. It’s a tough time to be in tech, but change often brings opportunity too.
In any job I take on, my primary focus is on excelling in my role. Whether it’s a job, an apprenticeship, a business, or a gig, my main emotion is the drive to be the best at what I do. While the people around me may be like family, in the workplace, it’s all about accountability and responsibility. If I want to earn the respect of my colleagues, I know I need to work harder than anyone else and strive to be an inspiration. If things don’t work out, I’m willing to move on to another opportunity; ultimately, I just want to work and be compensated for my efforts.
It’s fascinating, that the real reasons are mentioned 2 times in this article, but then gets buried in 40+ minutes of trash, people who have no idea about the real reasons just spouting constant nonsense. It’s mentioned right at the beginning, that women are laid off more, than men. This is not mentioned again and not explained. These tech companies didn’t just lay off developers, but trimmed the fat. not many people are talking about it, but usually the diversity managers are the first to go and the tech sector especially is starting to shed lot of it’s diversity hires. Another practice was, that a lot of these big companies hired a lot of people just so that the competition couldn’t. Now they don’t need to keep the less skilled of those on the payroll. They already have their headstart. The other factor is, like 99.99% of all the other content talking about “tech”, considers all software developers equal. No. You require different skills, knowledge, languages for the various technologies. Big data, web services, cloud, crypto and now AI are very different technologies, and someone proficient in one of those isn’t going to be proficient in the other. This is also mentioned once in the article and then only garbage follows.Once the AI bubble bursts, all of a sudden a lot of people will be out of a job and the tech industry will pivot to the new golden goose buzzword.
We in the US are losing so much of the potential workforce because Conservatives want to cling onto what was. They hate the idea that “immigrants are coming into this country and taking our/US jobs”. If they properly focused on the immigration issue and speeding up that process and not thinking about those immediate profits that can be made from those applying and thinking more about the long-term of what could be, we’d have a lot less undocumented migrants coming over in the amounts we are seeing and hearing.
Even if you have a master’s or doctoral degree, why not work at an Amazon warehouse or McDonald’s? Also, the comments in this article are exaggerated, and major tech companies are naturally going through restructuring to cut costs, so there’s no need to make a fuss. In other words, everyone needs to be able to use AI. That’s how you survive in the tech industry.
If someone doesn’t understand why tech companies are laying off more women than men, they are probably not in tech themselves or a woman. (No insult intended, it’s just that this is clearly the demographic of people surpsied by this motion.) Most men working in tech were wondering when this’ll happen. Companies want to make money after all.
This is really nothing new, working in IT is plagued with consistent layoffs unless you work as an engineer in the cyber fields. Every 3 years they have rotations, just look at the resumes. There are alot of great US employees who work so hard but a company can only pay High salaries so long without a monetary contribution from production.
The tech industry spoiled these younger techs so much compared to the old days in that still misogynistic industry I worked in for many years. To a crazy level. Many thought because of that wooing they had more skills than they really do. Best thing always, no matter your industry. is to be prepared to start your own company and make your own job at any time. Have to switch industries? Do it. keep your savings growing when you can just in case. The world is far from fair and the corps will always win.
So much hate against h1b, as if it’s the cause for everything wrong. Hardly 85k visas are issued each year. People have wrong notion that size of the pie is constant, it grows with time as companies invest the surplus through cost saving to grow it. H1b’s don’t depend on govt benefits and help the economy around the tech areas grow. Just think the opening of likes of McDonald’s or Dominos in India doesn’t necessarily mean it will shut down the food stalls around it. Even if it did impact a few should we ask all foreign restaurants to be shut. The real predicament this country has been facing is that lot more people seem to have gotten this sense of entitlement.
AI is not replacing software engineers who the hell put this garbage together. I like how consultants and all these people who have never coded in their life are making claims with no basis in reality or they’re doing it to lie for companies to make it appear like the billions they’re investing is actually doing something. If AI is good enough to replace a SWE then it’s good enough to replace 99% of white collar workers. We would have mass unemployment right now. The real reason by these layoffs is outsourcing. Jobs are going to cheap workers in India, Eastern Europe, Latin America and South East Asia. Just go to the careers pages of all the companies mentioned that had layoffs the past two years, for every 1 job posting in the US, there’s 100 elsewhere.
Why are tech companies laying off workers? Because you don’t continue to employ the builders after your house is finished being built. You may lie to them, telling them you are going to continue building out, but that is just to keep them tied to you until you can comfortably discard them. You may tell them they are part of your family, that they are essential, but that is just to keep them from applying to any other projects. And tech companies can even require workers to develop AI tools that will replace them, much like ordering workers to train their human replacement. The important thing is making sure the employees never understand that their purpose is to build the house they will never comfortably live in, to increase the value of the stockholders portfolio, and to further load the bank account of the star CEO. The more efficiently a tech worker helps develop a business the more that business will not need them, and will eventually shut them out. But for the actual, not Wall Street, economy any company makes two things – it’s product and jobs. If a company does not make jobs it is of no real use to actual people, rather than just stockholders. And the corporate propaganda that somehow being laid-off is just a jumping off to even better opportunities for tech workers. You should have talked to more tech workers who have not found jobs, or founded businesses, as the vast majority are struggling. Unemployment is only a great thing for employers, as it makes more workers fight for fewer jobs.
As someone that uses chatgpt everyday, I just cannot see how these “AI” can replace any human workers at this point in time. I use it for code generation and it’s fine for simple things but anything remotely more complex, let’s just say it’s doesn’t meet the performance expectation I have… What I think it’s simply CEOs expect their salary and stock number go up only. Simple as that.
The immigration situation in Canada is rearing its ugly head this year, putting a huge strain on the economy, housing market, and the job market. The fact that this article is trying to paint Canada’s immigration plan as a positive says a lot. The US is right to be inflexible when it comes to immigration, or else we’d been drowning in Indians like Canada is right now.
AI is not at the point where it can replace real coders. you can ask chat gpt to write a basic piece of code and if you have no idea what programming is, then you will be fooled into thinking it wrote a great piece of code with a simple prompt. WOW, fire all the programmers now! the reality is programming is not like word generation where you can have an AI spit out nonsensical crap that “sounds” or “looks” correct, programming is precise. your code is written to do an exact task, tailored to the job you want done. these people were not fired because AI replaced them, they were fired because of over-hiring, because people were being payed six figures to do nothing.
Let’s be real. The only thing companies care about is the profit they can get right now. They don’t care about if they lay people off or not. Maybe they care in some passive way. Like, oh, sorry, that sucks. But that doesn’t mean they are going to stop doing it because the system has no empathy. It is out for profit and that’s it. The real issue is that we don’t have real effort to help people find jobs after they are laid off.
I 200% agree that that people being laid off is managements fault because they approved of hiring the people who never should have been hired in the first place. As for females being fired over men if its happening at all its for two reasons. The first is they where hired for the only reason was they where females and the second is that hiring females is creating a hostile work environment as men are out right afraid to be anywhere near female coworkers as any of millions of innocent things could cause the men of being accused of sexual harassment. Hell guys have been fired for sexual harassment because they “DID NOT” hit on their female coworkers who thought the guys where hot and the women complained to management in retaliation for being ignored by the men. If I was an employer I would have a very clear sexual harassment policy. The accuser will be told that there will be three possible outcomes if they want to continue with the accusation and not work it out between them. The first is the accused will be fired with cause for sexual harassment. The second is the accuser will be fired with cause for bringing a false accusation of sexual harassment on a coworker. Thee third would be that there was some innocent misunderstanding between the two and someone will try help them work it out between the two of them.