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PieChartPirate OP t1_ivq8glp wrote

Tools: python, pandas, tkinter, sjvisualizer

Data source: layoffs.fyi

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ShezSteel t1_ivqjj16 wrote

It's an absolute bloodbath for tech.

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Chroderos t1_ivqlr9l wrote

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

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CardboardJ t1_ivqn9rt wrote

Replying to Chroderos (#487,559)

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.

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Beansilluminate t1_ivqnj5e wrote

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

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dasbootdasfoot t1_ivqo5xf wrote

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

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jas26 t1_ivqp8or wrote

Not the most perspective industry recently

−3

konotiRedHand 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).

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BoredKen t1_ivqvq0f wrote

What do Twitter staff even do?

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Tactical45 t1_ivqvqjb wrote

Replying to CardboardJ (#487,654)

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.

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ShinjukuAce 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.

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positiv2 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.

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Codac123 t1_ivr06gi wrote

How about you post a total numbers graph too?

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Dasquare22 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.

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Kinexity t1_ivr1sk2 wrote

>Crypto.com, Coinbase

Those are tech bro companies, not tech companies.

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Silverdragon246 t1_ivr404z wrote

This subreddit should be renamed to r/NewsInBasicDataForm

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BrokenTurtleShell 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...

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alpacasarebadsingers t1_ivr7w86 wrote

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

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NattyMcLight t1_ivr95vo wrote

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

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wreck0 t1_ivrci5c wrote

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

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SpiderFarter t1_ivre9sn wrote

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

−14

Aquartgift t1_ivrhdy0 wrote

Looks like the recession has finally started

2

-yato_gami- t1_ivrip39 wrote

Replying to PieChartPirate (#486,793)

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.

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ShutUpYoureWrong_ 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.

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suztomo t1_ivrragt wrote

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

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jthoff10 t1_ivrrxyq wrote

Peloton is not a tech company

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blitzinger t1_ivrs1yt wrote

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

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Strongest-There-Is 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

brainscab t1_ivs66v5 wrote

All these posts minimizing Meta’s layoffs reek of hailcorporate

1

xylopyrography t1_ivs87o0 wrote

Replying to seiyamaple (#490,599)

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

thurken 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

BobMunder 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.

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Twirdman t1_ivscgm1 wrote

Replying to zack14981 (#490,759)

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.

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zack14981 t1_ivscre0 wrote

Replying to Twirdman (#490,861)

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

Evimjau t1_ivsfguw wrote

These procents don't add up.

0

SyedHRaza 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

[deleted] t1_ivsijm4 wrote

Replying to [deleted] (#490,739)

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

Existential_Stick t1_ivsinfm wrote

Replying to [deleted] (#490,737)

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"

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akshaynr t1_ivsq1nd wrote

Wait. Peloton is a tech company?

0

BrainTraumaParty t1_ivt5x21 wrote

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

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scyber t1_ivt68ax wrote

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

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Gareth009 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.

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lateavatar t1_ivt98vv wrote

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

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AxelNotRose t1_ivt9bpe wrote

Replying to streetvues (#491,447)

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.

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aaahhhhhhfine t1_ivtfgen wrote

Replying to zack14981 (#490,759)

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.

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Etch_a__sketch t1_ivtgzzf wrote

Replying to aaahhhhhhfine (#492,556)

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

aaahhhhhhfine t1_ivtiwxj wrote

Replying to Etch_a__sketch (#492,643)

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.

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Alundra828 t1_ivtjah3 wrote

Replying to CardboardJ (#487,654)

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

Mocker-Nicholas t1_ivtk006 wrote

Replying to PaperbackPirates (#488,121)

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.

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Mocker-Nicholas t1_ivtlmsb wrote

Replying to h737893 (#492,860)

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.

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Mocker-Nicholas t1_ivtlxon wrote

Replying to PaperbackPirates (#492,841)

“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”

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keano97 t1_ivtomwd wrote

Replying to SpiderFarter (#489,107)

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.

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warlax56 t1_ivtsz02 wrote

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

1

[deleted] t1_ivtw8sm wrote

Replying to dasbootdasfoot (#487,698)

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

realzequel t1_ivtzoij wrote

Replying to caveyh96 (#491,466)

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.

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realzequel t1_ivu1535 wrote

Replying to brainscab (#490,566)

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.

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lordpavey t1_ivu7502 wrote

Just get a different job in a new field.

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ComposerOne t1_ivuz2fg wrote

Replying to AxelNotRose (#492,264)

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).

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elchignacio t1_ivv2h3w wrote

Replying to DaBIGmeow888 (#492,208)

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

AxelNotRose t1_ivv2sz4 wrote

Replying to ComposerOne (#495,506)

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

timmeh-eh t1_ivwir4z wrote

Replying to Hole-In-Six (#491,514)

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

salitosmbogz t1_ivxcucr wrote

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

1

keano97 t1_ivxdvt3 wrote

Replying to SpiderFarter (#493,275)

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

thurken t1_ivxjzr7 wrote

Replying to weazelhall (#490,976)

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).

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JPHyltin t1_iw0b86r wrote

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

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ajaydevks t1_iw19fyd wrote

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

1

Staxitall t1_iw618ej wrote

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

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I_am_war_machine 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