Comments

You must log in or register to comment.

t1_ivr95vo wrote

Sometimes data is not beautiful. Sometimes it is just a bar graph.

337

t1_ivqzis0 wrote

Crypto is stupid, the Metaverse is stupid, and Twitter was bought by a lunatic.

If there are mass layoffs at real companies like Apple and Microsoft I’ll worry about the state of things.

232

t1_ivragj1 wrote

Pretty much all these companies either made bad calls, had bad models, or had literal insane restructuring.

75

t1_ivsrzku wrote

"real companies" what a sad sentence. They are all real companies even if you don't like what they do or who owns them.

13

t1_ivtzoij wrote

You're right, but I think Twitter, for instance, is bloated. Though based on what I'm hearing, it sounds like they're doing a terrible job separating the wheat from the chaff.

2

t1_ivuew1s wrote

Coinbase is a vehicle for crypto Ponzi schemes. That’s not a real company that produces any actual useful goods and services.

2

t1_ivz4rhk wrote

You can actually be worried because the “real” companies are going through some terrible freezes right now.

4

t1_ivrscoe wrote

Google is coming soon.

Apple and Microsoft probably just more strict hiring freezes and internal attrition.

−14

t1_ivs70pi wrote

What makes you say Google is coming soon?

12

t1_ivs87o0 wrote

The drop in ad revenue will continue as interest rates rise.

I don't think they will care to retain the same headcount.

Maybe they can continue with just attrition, but they'll likely want to clean 10-15% too.

−5

t1_ivsag5n wrote

Did you also call the first iPhone stupid?

Seems like the only stupid one here is you.

−20

t1_ivscgm1 wrote

One the first iPhone was not a dramatic departure from existing technology it was a significant improvement over existing technology so your analogy is stupid.

​

Second some of those are just plain stupid. They serve no function. What need does crypto fill? We already had secure, instant, online fund transfers and have for years before crypto. Crypto added nothing to this. All crypto does is waste an inordinate amount of energy to produce random digital strings of nothingness.

9

t1_ivtkqce wrote

the only chain that wastes energy is Bitcoin. the digital strings of nothingness are proof that everything really does exist there.

0

t1_ivscre0 wrote

The metaverse is to vr what the iPhone was to phones. I’m not saying I like the metaverse, but if you’re going to talk about improving existing technology, they’re very similar.

You can call crypto useless, but the fact is that there are billions of dollars circulating around in the crypto space. Calling a business that operates in that space and makes money doing so “not a real company” is just fucking asinine.

−10

t1_ivsf3av wrote

Hahahahahahahahahahahahaha…. Challenge there is people wanted phones. A shitty vr version of second life is the answer to a question nobody’s asking.

10

t1_ivstktj wrote

Are you calling beanie babys stupid! Because the fact is there's millions of dollars floating around the beanie baby space. - Some guy in 1999

9

t1_ivwir4z wrote

Well while I do think that beanie babies were stupid people did actually want them. The challenge Meta is facing here is nobody wants to buy expensive VR hardware so they can have a virtual existence.

1

t1_ivtfgen wrote

The iPhone isn't "stupid" in an abstract sense. But it is baffling that so many people are willing to pay so much money for them. They aren't that amazing. Hell, I'd take a midrange Android device over an iPhone any day of the week. The confusing thing is that so many people are willing to spend about twice what they should for iPhones that apple is somehow able to fucking thrive as basically just a hardware company. It's kind of amazing... Their software is mostly just ok (though they've got a few decent things)... They're really just a hardware company that somehow made that work.

1

t1_ivtgzzf wrote

There is no reasonable argument that Apple is just a hardware company lol. They actively develop several operating systems. To call Apple a hardware company is a complete misunderstanding of how Apple operate.

0

t1_ivtiwxj wrote

Of course there is... They make all their money from hardware. Also Tim Cook was specifically picked for the job because he was their hardware supply chain guy and that's the company they are.

You are completely misunderstanding Apple.

2

t1_ivqlr9l wrote

What departments are being laid off? Or is it just across the board mandated cuts?

144

t1_ivqn9rt wrote

Anecdotal evidence, but on LinkedIn senior dev jobs still seem to be posted for a week with only 4-5 applicants, while project/product/engineering manager positions seem to get 50 in the first hour.

132

t1_ivqvqjb wrote

The latter have much broader and vague skill set requirements and thus attract much more unqualified applicants.

If a senior Eng role requires some very specific skills (eg programming language X), and if you don't meet those you know there is likely no point even trying.

94

t1_ivqw7jl wrote

I got 300 applications for an associate product manager position on LinkedIn. Maybe 12 of the applications were actually qualified … for an associate position.

57

t1_ivrov26 wrote

Work as a PM - can confirm mismatch between what people think is required and what is actually required 😂

21

t1_ivsrjdo wrote

What are the biggest misconceptions people have?

7

t1_ivt9bpe wrote

Not the person you asked but I find that good PMs are difficult to differentiate on paper vs. Poor or unqualified PMs due to the fact that what usually makes a PM stand out are their soft skills. Skills such as how to communicate, how to create relationships, how to find balance between being an ass to get shit done vs. Being understanding about potential delays, and so on. Soft skills are difficult to quantify on a written resume. Everyone can write "excellent communication skills". It's not quantifiable like knows this prpgramming language or this application suite or whatever. During the interview process, you have to ask SAR type questions to differentiate the good ones vs. The bad ones.

11

t1_ivuz2fg wrote

I work with a lot of PMs. Our best PM , who just got poached for Google, was deeply technical. They were a data science lead previously. They also had fantastic soft skills (they weren’t a neck beard in a basement, almost sales level soft skills).

5

t1_ivv2sz4 wrote

Yeah, the tech skills a PM might have are a massive bonus to the function if they're PMing tech projects. They still need those soft-skills though. Without them, they end up drowning, especially in complex projects.

4

t1_ivtkhl6 wrote

bad pms need jobs too. If one identifies as a bad pm should they apply?

1

t1_ivxee3l wrote

>bad pms need jobs too

Is this the UK conservative party's motto?

3

t1_ivtk006 wrote

I’ll rant a bit here and say it’s because PMs are people who want to work in the tech space, with tech people, with the tech lifestyle benefits, without the downside that is knowing how to do the technical stuff lol.

Disclaimer: I feel like I’ve worked some PMs with a ridiculous sense of entitlement.

9

t1_ivtk90s wrote

Yeah, that is for sure it. Fwiw, I hate working with non-technical PMs lol

4

t1_ivtlxon wrote

“I would like to work from home, show up at 9:00am, never have to talk to an end user, isolate myself from any non technical team in the organization, and also don’t want to learn any front end, back end, or dev ops, technologies”

3

t1_ivtkmz1 wrote

What if your boss asked you to be promoted to pm. Would you accept?

1

t1_ivtlmsb wrote

Depends on the money. I guess if the salary was higher I would consider it. But I just moved from a role that was more “coordination, planning, and meetings” to “actually doing the thing that needs to be done” because that’s where I see the value add from technical staff. If I wanted to go the PM route I could have, but chose not to because of my experience with them.

1

t1_ivrvk4w wrote

I keep hearing this as well. A huge amount of applicants are absolutely unrelated to the job.

2

t1_ivtjah3 wrote

It makes sense.

WFH renders most managerial skills moot. Not to mention that the skills employed by managers are vague and non-standardized, and most have been internally promoted, so may not actually qualify elsewhere.

1

t1_ivqpdrx wrote

Recruiting/talent acquisition is slashed for obvious reasons. No need to pay staff to find new hires when you’re not hiring.

26

t1_ivt3qe6 wrote

I have no real answer other than my friend was a recruiter for stripe for the last few years and was recently laid off.

5

t1_ivr404z wrote

This subreddit should be renamed to r/NewsInBasicDataForm

112

t1_ivs9u6x wrote

[removed]

4

t1_ivsinfm wrote

There was another one recently about police killings in "1st world countries" that wasn't normalized per capita, didn't disclose any time frame, and cherry-picked countries it featured, conveniently excluding any country higher than the US.

...but of course it got mad upvotes and awards because "America/Cops bad"

6

t1_ivr1sk2 wrote

>Crypto.com, Coinbase

Those are tech bro companies, not tech companies.

109

t1_ivrccg7 wrote

Right? This is such a cherry-picked list. Hardly representative of the industry as a whole.

37

t1_ivrk999 wrote

This is the most low effort, garbage tier, pile of shit post I've seen in a while.

Percentages mean nothing when each company has vastly different amounts of workers. 50% of Twitter is 3,700. 13% of Meta is 11,000.

45

t1_ivs9vhq wrote

[removed]

2

t1_ivsijm4 wrote

If you were a mod, what criteria would you use to take down something like this? How would you even objectively judge “beautiful” aspect of dataisbeautiful?

1

t1_ivuux2v wrote

You're so right...I didn't realize this myself.

Fuck, this post is unworthy of being here

2

t1_ivqo5xf wrote

The social media era is starting to come to an end.

20

t1_ivtw8sm wrote

Nah. I respectfully disagree. Social media is literally just a place where people talk and shit. Just like Reddit. People will never stop talking. That’s the only case in which what you said comes true.

1

t1_ivrci5c wrote

Twitter, ok Crypto.com, ok Peloton, um what? Peloton is a tech company?

20

t1_ivt8eg0 wrote

Twitter is tech? They seem pretty basic website.

−1

t1_ivv2h3w wrote

Hard to quantify, but yes, I would consider them part of the tech community. They (used to) hire scads of software engineers, developed the Bootstrap front end framework, among other things.

1

OP t1_ivq8glp wrote

Tools: python, pandas, tkinter, sjvisualizer

Data source: layoffs.fyi

19

t1_ivr6fi1 wrote

Would be cool to see absolute numbers too. Twitter looks like a lot proportionally, but Meta just laid off 3x as many people

Also some notable mentions: Lyft, snap

18

t1_ivsxom4 wrote

How have you used all of those tools and yet created something you could literally do in excel?

r/dataisnotbeautiful

7

t1_ivtwe3v wrote

Lack of creativity. Tools don’t mean anything if the person lacks the vision.

2

t1_ivrip39 wrote

Can you create a new with the exact numbers and at the end of it you can add the total%?

Bcs the employee base different for all these companies we just can't compare it with % , we need absolute numbers too.

4

t1_ivr7w86 wrote

This data is meaningless without knowing the size of these companies prior to layoffs

18

t1_ivqs97q wrote

I mean. These are all companies with massive revenue loss. Crypto, meta/Twitter (writing on walls) and peloton oversold their products without a plan to extend past that user base (or one that worked).

15

t1_ivqjj16 wrote

It's an absolute bloodbath for tech.

9

t1_ivqxkpg wrote

It got bloated during the pandemic. It’s trimming the fat down to a sustainable level.

16

t1_ivran63 wrote

The solid blue chip companies are still doing fine, your ciscos, Microsoft’s, and apples are doing rather well.

10

t1_ivu0a26 wrote

Microsoft stock is down 28% in the last year. Revenue is fine but it's not doing "rather well" on the market atm.

2

t1_ivqzzdo wrote

Does this consider also how many people were hired? A different post here showed that Meta still has more employees than in 2021 due to hiring a ton during the first two quarters.

5

t1_ivt6m2i wrote

Also people who were fired then rehired shouldn't be included.

3

t1_ivr06gi wrote

How about you post a total numbers graph too?

5

t1_ivrragt wrote

Try to visualize the number of people, not just percentage.

5

t1_ivqnj5e wrote

Also interesting, and a much different graph would be absolute number of employees

4

t1_ivrs1yt wrote

Meanwhile my company is dying for new developers. Need to set up recruitment office in San Francisco

3

t1_ivs9mgy wrote

These next 18 months will be incredibly tough for smaller tech companies. During a downturn, investors will not compromise for growth over profitability. It would be wise for every company to perform lay-offs now rather than when their cash runs dry.

I’d be surprised if any large tech company doesn’t have layoffs in 2022 or 2023.

3

t1_ivr0ma1 wrote

Are most of these companies going to report record profits at the end of the quarter with 6-7 figure bonuses for the CEO’s?

Cause if I was one of those people that got laid off I might be trying to idk unionize or something crazy.

2

t1_ivr4caa wrote

Elon has personal motivations behind the Twitter restructuring so that's an anomaly.

Meta going through similar sort of restructuring by the Zucchini.

Cryptodotcom and Coinbase part of the crypto decline.

Peloton has been on the decline for ages, this was inevitable.

It's not Tech layoffs, just unrelated events...

2

t1_ivrt89r wrote

Lyft, Shopify, Snapchat, Robinbood, Booking.com, Opendoor...

That's just the last week.

There are hundreds of other tech companies announcing significant layoffs in the last 3 months.

9

t1_ivrhdy0 wrote

Looks like the recession has finally started

2

t1_ivs66v5 wrote

All these posts minimizing Meta’s layoffs reek of hailcorporate

1

t1_ivu1535 wrote

I can't feel too bad for people who work there, facebook sucks, they really amplify hatred and spread misinformation. Their history (privacy/transparency, etc..) is terrible. They took a big hit when Apple stopped them from tracking users (boo-hoo) and a big over-investment in the meta-universe, Zuckerberg admitted to it recently. User interaction is waning terribly, way too many advertisments. All that said, they're just retuning to pre-pandemic headcount. Only good thing is they support the VR industry which I like.

1

t1_ivsfh4c wrote

If they didn’t spend all their money on stock buybacks they could have kept more people employed except those useless people at twitter don’t feel as bad for them

1

t1_ivt5x21 wrote

There’s way way more companies that have laid people off. 766 companies so far according to: layoffs.fyi

1

t1_ivt8wsc wrote

Bloated wrecks. Time is catching up with them. Either they clean up and evolve or they get replaced. Apple and Microsoft were hot young tech companies once, so were Commodore and Atari.

1

t1_ivt98vv wrote

Maybe these people can get together and start a decent social media platform and payment app.

1

t1_ivtsz02 wrote

Well, the only one that does anything useful is stripe, so this tracks.

1

t1_ivu7502 wrote

Just get a different job in a new field.

1

t1_ivxcucr wrote

Is there a pinned post on the names of charts commonly posted here?

1

t1_iw0b86r wrote

Didn’t Meta just layoff 11,000 people, almost 3 times what Twitter did?

1

t1_iw19fyd wrote

from where can we obtain such data, and how legit will that data be?

1

t1_iw618ej wrote

Elon did us all a favor firing half the company lol, time for real innovation and profit.

1

t1_iwqvyjg wrote

All these companies either have been getting bad press or their product isn’t as relevant as they were during the pandemic. Peloton is overpriced exercise software that realistically is a fad. Crypto is down because the hype is gone. Meta and twitter are two different jokes with fuckloads of bad press.

1

t1_ivrz36n wrote

If you work for a company in my portfolio, fucking leave now before it’s too late. There’s a 100% chance you’re getting fired.

0

t1_ivt68ax wrote

It is like a list of companies I interviewed for over the last couple I'd years.

0

t1_ivs91p4 wrote

None of them are doing useful stuff to be fair. I'd be sad to have never tried Apple, Google, or Microsoft products but I'm glad I never used any of these (stripe, coinbase, peloton etc).

−1

t1_ivsf6vr wrote

Isn't android a Google product?

1

t1_ivxjzr7 wrote

I guess my comment was unclear. I would be sad to not use or try Android, or other products from Apple, Google, Microsoft. Those companies are building useful things. But I'm glad I don't use products from crypto.com, stripe, peloton, coinbase and so on. With perhaps the exception from WhatsApp (but it feels so remote from Meta and I see or need no difference from the time it was independent from it).

2

t1_ivre9sn wrote

Shame all these progressives are losing their jobs after supporting policies that are destroying our economy.

−14

t1_ivsk0hi wrote

Did you decide to wake up today and choose to just dribble garbage out of your mouth?

2

t1_ivtomwd wrote

What policies have destroyed the US economy?

Or does it maybe have to do with outside influence like a war and China crippling it's supply chain cause of COVID lock downs?

Also let guess you hate "cancel culture" but appear to be fine with this?

Conservative policies are the death of an economy as they do not invest in the nation's future. Maybe turn off faux news and open a economics book once in a while.

Works in tech therefore progressive is just a ridiculous take.

1

t1_ivtss4q wrote

Massive spending, regulations, taxes, crippling energy production for starters.

0

t1_ivxdvt3 wrote

The trump admin massively increased deficit spending. And if your refering to the infrastructure bill that will grow the economy. Was building the highways a mistake?

The US is at near record energy production. Gas prices have nothing to do with America. There are massive sanctions on Russia, that is why. Should we just throw Ukraine and it's sovereignty to the side over some slightly more expensive gas. The oil industry is sitting in approved drilling permits cause they like the highly profitable price it currently is at.

What has changed with taxes? Please give me and example of how regular people have to pay more.

What new regulations?

All I see is talking points with no evidence. Non of this has much to do with the Dems.

Name me five policies the republicans have that would help, they haven't named anything except "woke cancel culture" and other buzzwords. Nothing concrete or of any actual meaning.

1