{"id":641304,"date":"2023-04-25T10:06:16","date_gmt":"2023-04-25T15:06:16","guid":{"rendered":"https:\/\/news.sellorbuyhomefast.com\/index.php\/2023\/04\/25\/coding-jobs-were-supposed-to-be-safe-not-anymore\/"},"modified":"2023-04-25T10:06:16","modified_gmt":"2023-04-25T15:06:16","slug":"coding-jobs-were-supposed-to-be-safe-not-anymore","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2023\/04\/25\/coding-jobs-were-supposed-to-be-safe-not-anymore\/","title":{"rendered":"Coding jobs were supposed to be safe. Not anymore."},"content":{"rendered":"<div>\n<p id=\"sAbUrg\">If you were unlucky enough to have lost your job in the last 15 years, someone might have suggested \u2014 often unhelpfully \u2014 that you \u201clearn to code.\u201d It was shorthand for \u201cdo something actually useful that would have kept you from being laid off in the first place.\u201d<\/p>\n<p id=\"fUrFGl\">That advice is starting to feel even less welcome.<\/p>\n<p id=\"4sycEm\">The <a href=\"https:\/\/www.vox.com\/technology\/2023\/4\/18\/23688627\/meta-layoffs-mark-zuckerberg-facebook-instagram-whatsapp\">latest round of layoffs<\/a> at Facebook parent company Meta is impacting workers in <a href=\"https:\/\/www.linkedin.com\/news\/story\/meta-cuts-core-roles-workers-react-6255546\/\">core technical roles<\/a> like data scientists and software engineers \u2014 positions once thought to be beyond reproach. This represents a stark about-face for a company that, until recently, had been offering outrageous salaries and <a href=\"https:\/\/www.wsj.com\/articles\/these-tech-workers-say-they-were-hired-to-do-nothing-762ff158\">basically hoarding<\/a> people in these highly sought-after technical positions. And now, as part of the company\u2019s \u201cyear of efficiency,\u201d it\u2019s letting some of them go. As Meta founder and CEO Mark Zuckerberg <a href=\"https:\/\/www.vox.com\/technology\/2023\/4\/20\/23692002\/meta-layoffs-leaked-mark-zuckerberg-facebook\">put it<\/a>, \u201cWe\u2019re in a different world.\u201d<\/p>\n<p id=\"o54P0w\">The beleaguered social media company is also not alone. <\/p>\n<p id=\"sFlZQc\">Software engineers were the most overrepresented position in layoffs in 2023, relative to their employment, according to data requested by Vox from workforce data company Revelio Labs. <a href=\"https:\/\/www.reveliolabs.com\/news\/macro\/who-gets-laid-off\/\">Last year<\/a>, when major tech layoffs first began, recruiters and customer success specialists experienced the most outsize impact. So far this year, nearly 20 percent of the <a href=\"https:\/\/layoffs.fyi\/\">170,000 tech company layoffs<\/a> were software engineers, even though they made up roughly 14 percent of employees at these companies. <\/p>\n<p id=\"Fch7Gm\">\u201cEarly layoffs were dominated by recruiters, which is forgoing future hiring,\u201d Revelio senior economist Reyhan Ayas told Vox. \u201cWhereas in 2023 we see a shift toward more core engineering and software engineering, which signals a change in focus of current business priorities.\u201d<\/p>\n<p id=\"53MUeO\">In other words, tech companies aren\u2019t just trimming the fat by firing people who fill out their extensive ecosystem, which ranges from marketers to <a href=\"https:\/\/www.cnbc.com\/2023\/01\/24\/google-cut-over-1800-california-jobs-including-massage-therapists.html\">massage therapists<\/a>. They\u2019re also, many for the first time, making cuts to the people who build the very products they\u2019re known for, and who enjoyed a sort of revered status since they, like the founders of the companies, were coders. Software engineers are still important, but they don\u2019t have the power they used to<\/p>\n<p id=\"e46SYY\">\u201cBefore it was just, \u2018the more or better, whatever it takes to recruit the best talent,\u2019\u201d said Daniel Keum, an associate professor of management at Columbia University\u2019s business school, said of tech companies. \u201cNow they\u2019re cost-conscious, they want to be optimized and economized.\u201d<\/p>\n<p id=\"vQhtjN\">He added, \u201cThat\u2019s an entirely different mindset. We haven\u2019t seen this before.\u201d<\/p>\n<p id=\"XBVfYf\">Tech companies grew rapidly during the pandemic, when people were home and their services were needed more than ever, but much of that demand has died down. In the meantime, the tech companies that hugely expanded their head counts in that time failed to come up with the next big thing, meaning they don\u2019t have new sources of massive revenue to pull from and have been forced to switch from growth mode to maintenance. Meanwhile, the economy is not as strong as it was, and Wall Street is telling tech companies that less is more. The rise of <a href=\"https:\/\/www.vox.com\/technology\/23673018\/generative-ai-chatgpt-bing-bard-work-jobs\">AI at work<\/a> is also a contributing factor, since it allows coders to be more productive, or potentially allows employers to do the same work as before but with fewer workers. <\/p>\n<p id=\"PNAMvI\">Additionally, Keum said that Elon Musk, who fired <a href=\"https:\/\/www.cnn.com\/2023\/04\/12\/tech\/elon-musk-bbc-interview-twitter-intl-hnk\/index.html\">80 percent<\/a> of his staff but still has a (<a href=\"https:\/\/www.vox.com\/technology\/2023\/4\/15\/23683554\/twitter-dying-elon-musk-x-company\">sort of<\/a>)  functioning product, has become a sort of inspiration for other tech CEOs, who see his extreme cuts as a way of making their more modest ones seem \u201cmorally and culturally acceptable.\u201d <\/p>\n<p id=\"2ZVlhk\">Their stance? \u201c\u2018Thank you, Elon Musk, for showing us that it can be done. And thank you Elon Musk for taking the blame,\u2019\u201d Keum said.<\/p>\n<p id=\"jl0LCk\">Of course, this might be short-term thinking. While they might save companies some money, ultimately layoffs can be <a href=\"https:\/\/www.vox.com\/technology\/2023\/3\/16\/23642978\/facebook-meta-layoffs-bad\">bad for business<\/a>, lessening morale and productivity and making it harder for companies to grow in the future, when the economy improves. That fact doesn\u2019t seem to be stopping tech companies from joining the layoff bandwagon, whether it\u2019s strictly necessary or not. <\/p>\n<p id=\"4yWZ4E\">For software engineers and other tech workers, however, this doesn\u2019t spell the end of the world. They\u2019re still hugely in demand, but their bargaining power and ability to ask for over-the-top perks and salaries has been muted.   <\/p>\n<p id=\"rpmprD\">The latest <a href=\"https:\/\/www.comptia.org\/content\/tech-jobs-report\">monthly jobs report<\/a> by tech industry association CompTIA found that even though employment at tech companies (which includes all roles at those companies) declined slightly in March, employment in technical occupations across industry sectors increased by nearly 200,000 positions. So even if tech companies are laying off tech workers, <a href=\"https:\/\/www.vox.com\/recode\/2023\/1\/31\/23579841\/tech-worker-layoffs-industry-startups\">other industries are snatching them up<\/a>. Unfortunately for software engineers and the like, that means they might also have to follow those industries\u2019 pay schemes. The average software engineer base pay in the US is <a href=\"https:\/\/www.payscale.com\/research\/US\/Job=Software_Engineer\/Salary\">$90,000<\/a>, according to PayScale, but can be substantially higher at tech firms like <a href=\"https:\/\/www.payscale.com\/research\/US\/Job=Software_Engineer\/Salary\/b2d1cdab\/Facebook-Inc\">Facebook<\/a>, where such workers also get bonuses and stock options.<\/p>\n<p id=\"oK6vjL\">\u201cIf you\u2019re a tech person, before, you\u2019d only consider Silicon Valley and top-five firms,\u201d Keum said. \u201cNow, our graduates are thinking about okay, maybe an industrial company. They\u2019re diversifying away from traditional \u2018tech tech\u2019 type jobs\u201d<\/p>\n<p id=\"4clAI2\">\u201cYou have to look a little wider now,\u201d he said.<\/p>\n<div data-cid=\"site\/article_footer-1682435072_339_16030\" data-cdata=\"{\"base_type\":\"Entry\",\"id\":23456556,\"timestamp\":1682088200,\"published_timestamp\":1682088200,\"show_published_and_updated_timestamps\":false,\"title\":\"Tech companies are finally firing tech workers \",\"type\":\"Article\",\"url\":\"https:\/\/www.vox.com\/technology\/2023\/4\/21\/23692515\/tech-workers-software-engineers-layoffs-meta-coding\",\"entry_layout\":{\"key\":\"unison_standard\",\"layout\":\"unison_main\",\"template\":\"standard\"},\"additional_byline\":null,\"authors\":[{\"id\":4280187,\"name\":\"Rani Molla\",\"url\":\"https:\/\/www.vox.com\/authors\/rani-molla\",\"twitter_handle\":\"ranimolla\",\"profile_image_url\":\"https:\/\/cdn.vox-cdn.com\/thumbor\/0N8nVBSrxQ-A-oWkYcc76PsCgE4=\/512x512\/cdn.vox-cdn.com\/author_profile_images\/194762\/Screen_Shot_2020-10-23_at_4.17.49_PM.0.png\",\"title\":\"\",\"email\":\"\",\"short_author_bio\":\"is a senior correspondent at Vox and has been focusing her reporting on the future of work. She has covered business and technology for more than a decade \u2014 often in charts \u2014 including at Bloomberg and the Wall Street Journal.\"}],\"byline_enabled\":true,\"byline_credit_text\":\"By\",\"byline_serial_comma_enabled\":true,\"comment_count\":0,\"comments_enabled\":false,\"legacy_comments_enabled\":false,\"coral_comments_enabled\":false,\"coral_comment_counts_enabled\":false,\"commerce_disclosure\":null,\"community_name\":\"Vox\",\"community_url\":\"https:\/\/www.vox.com\/\",\"community_logo\":\"rn<svg width=\"386px\" height=\"385px\" viewBox=\"0 0 386 385\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:xlink=\"http:\/\/www.w3.org\/1999\/xlink\" >rn    rn    <title>vox-mark<\/title>rn    rn    <defs><\/defs>rn    <g id=\"Page-1\" stroke=\"none\" stroke-width=\"1\" fill=\"none\" fill-rule=\"evenodd\" >rn        <path d=\"M239.811,0 L238.424,6 L259.374,6 C278.011,6 292.908,17.38 292.908,43.002 C292.908,56.967 287.784,75.469 276.598,96.888 L182.689,305.687 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&#8220;,&#8221;pull_quote&#8221;:null,&#8221;voxcreative&#8221;:false,&#8221;show_entry_time&#8221;:true,&#8221;show_dates&#8221;:true,&#8221;paywalled_content&#8221;:false,&#8221;paywalled_content_box_logo_url&#8221;:&#8221;&#8221;,&#8221;paywalled_content_page_logo_url&#8221;:&#8221;&#8221;,&#8221;paywalled_content_main_url&#8221;:&#8221;&#8221;,&#8221;article_footer_body&#8221;:&#8221;Since Vox launched in 2014, our audience has supported our mission in so many meaningful ways. More than 80,000 people have responded to requests to help with our reporting. Countless teachers have told us about how they\u2019re using our work in their classroom. And in the three years since we launched the Vox Contributions program, tens of thousands of people have chipped in to help keep our unique work free. We\u2019re aiming to add 1,500 financial contributions from readers by the end of April, and we\u2019re 87% of the way there.<a href=\"http:\/\/vox.com\/pages\/support-now?itm_campaign=last-week&#038;itm_medium=site&#038;itm_source=article-footer\"> If you, like us, believe that explanatory journalism is a public good, will you help us close the gap?<\/a>&#8220;,&#8221;article_footer_header&#8221;:&#8221;<a href=\"http:\/\/vox.com\/pages\/support-now?itm_campaign=last-week&#038;itm_medium=site&#038;itm_source=article-footer\">We&#8217;re nearly there!<\/a>&#8220;,&#8221;use_article_footer&#8221;:true,&#8221;article_footer_cta_annual_plans&#8221;:&#8221;{rn  &#8220;default_plan&#8221;: 1,rn  &#8220;plans&#8221;: [rn    {rn      &#8220;amount&#8221;: 95,rn      &#8220;plan_id&#8221;: 74295rn    },rn    {rn      &#8220;amount&#8221;: 120,rn      &#8220;plan_id&#8221;: 81108rn    },rn    {rn      &#8220;amount&#8221;: 250,rn      &#8220;plan_id&#8221;: 77096rn    },rn    {rn      &#8220;amount&#8221;: 350,rn      &#8220;plan_id&#8221;: 92038rn    }rn  ]rn}&#8221;,&#8221;article_footer_cta_button_annual_copy&#8221;:&#8221;year&#8221;,&#8221;article_footer_cta_button_copy&#8221;:&#8221;Yes, I&#8217;ll give&#8221;,&#8221;article_footer_cta_button_monthly_copy&#8221;:&#8221;month&#8221;,&#8221;article_footer_cta_default_frequency&#8221;:&#8221;annual&#8221;,&#8221;article_footer_cta_monthly_plans&#8221;:&#8221;{rn  &#8220;default_plan&#8221;: 1,rn  &#8220;plans&#8221;: [rn    {rn      &#8220;amount&#8221;: 9,rn      &#8220;plan_id&#8221;: 77780rn    },rn    {rn      &#8220;amount&#8221;: 20,rn      &#8220;plan_id&#8221;: 69279rn    },rn    {rn      &#8220;amount&#8221;: 50,rn      &#8220;plan_id&#8221;: 46947rn    },rn    {rn      &#8220;amount&#8221;: 100,rn      &#8220;plan_id&#8221;: 46782rn    }rn  ]rn}&#8221;,&#8221;article_footer_cta_once_plans&#8221;:&#8221;{rn  &#8220;default_plan&#8221;: 0,rn  &#8220;plans&#8221;: [rn    {rn      &#8220;amount&#8221;: 20,rn      &#8220;plan_id&#8221;: 69278rn    },rn    {rn      &#8220;amount&#8221;: 50,rn      &#8220;plan_id&#8221;: 48880rn    },rn    {rn      &#8220;amount&#8221;: 100,rn      &#8220;plan_id&#8221;: 46607rn    },rn    {rn      &#8220;amount&#8221;: 250,rn      &#8220;plan_id&#8221;: 46946rn    }rn  ]rn}&#8221;,&#8221;use_article_footer_cta_read_counter&#8221;:true,&#8221;use_article_footer_cta&#8221;:true,&#8221;featured_placeable&#8221;:false,&#8221;video_placeable&#8221;:false,&#8221;disclaimer&#8221;:null,&#8221;volume_placement&#8221;:&#8221;lede&#8221;,&#8221;video_autoplay&#8221;:false,&#8221;youtube_url&#8221;:&#8221;http:\/\/bit.ly\/voxyoutube&#8221;,&#8221;facebook_video_url&#8221;:&#8221;&#8221;,&#8221;play_in_modal&#8221;:true,&#8221;user_preferences_for_privacy_enabled&#8221;:false,&#8221;show_branded_logos&#8221;:true}&#8221;><\/p>\n<div>\n<p><strong><a href=\"http:\/\/vox.com\/pages\/support-now?itm_campaign=last-week&#038;itm_medium=site&#038;itm_source=article-footer\">We&#8217;re nearly there!<\/a><\/strong><\/p>\n<p>\n      Since Vox launched in 2014, our audience has supported our mission in so many meaningful ways. More than 80,000 people have responded to requests to help with our reporting. Countless teachers have told us about how they\u2019re using our work in their classroom. And in the three years since we launched the Vox Contributions program, tens of thousands of people have chipped in to help keep our unique work free. We\u2019re aiming to add 1,500 financial contributions from readers by the end of April, and we\u2019re 87% of the way there.<a href=\"http:\/\/vox.com\/pages\/support-now?itm_campaign=last-week&#038;itm_medium=site&#038;itm_source=article-footer\"> If you, like us, believe that explanatory journalism is a public good, will you help us close the gap?<\/a>\n    <\/p>\n<\/p><\/div>\n<div>\n<div>\n<p><label tabindex=\"0\" role=\"radio\" aria-checked=\"true\"><\/p>\n<p>\n                  <span>$95<\/span><span>\/year<\/span>\n                <\/p>\n<p>              <\/label><\/p>\n<p>              <label tabindex=\"0\" role=\"radio\" aria-checked=\"true\"><\/p>\n<p>\n                  <span>$120<\/span><span>\/year<\/span>\n                <\/p>\n<p>              <\/label><\/p>\n<p>              <label tabindex=\"0\" role=\"radio\" aria-checked=\"true\"><\/p>\n<p>\n                  <span>$250<\/span><span>\/year<\/span>\n                <\/p>\n<p>              <\/label><\/p>\n<p>              <label tabindex=\"0\" role=\"radio\" aria-checked=\"true\"><\/p>\n<p>\n                  <span>$350<\/span><span>\/year<\/span>\n                <\/p>\n<p>              <\/label><\/p>\n<p>            <label tabindex=\"0\"><\/p>\n<p>              <span>Other<\/span><br \/>\n            <\/label>\n          <\/p>\n<\/p><\/div>\n<p>        <a href=\"https:\/\/vox.memberful.com\/checkout?plan=\" id=\"contribute--submit\"><\/p>\n<p>\n            Yes, I&#8217;ll give $120<span>\/year<\/span>\n          <\/p>\n<p>        <\/a><\/p>\n<p>\n          Yes, I&#8217;ll give $120<span>\/year<\/span>\n        <\/p>\n<div>\n<p>\n              <span><br \/>\n                We accept credit card, Apple Pay, and<br \/>\n              <\/span><br \/>\n              <span><br \/>\n                Google Pay. You can also contribute via<br \/>\n              <\/span>\n            <\/p>\n<p><a href=\"https:\/\/www.paypal.com\/donate\/?hosted_button_id=VSP4PYJX98SHL\" target=\"_blank\" rel=\"noopener\"><br \/>\n              <img decoding=\"async\" src=\"https:\/\/cdn.vox-cdn.com\/uploads\/chorus_asset\/file\/22734206\/paypal_logo.png\"><br \/>\n            <\/a>\n          <\/p>\n<\/div><\/div>\n<\/p><\/div>\n<\/div>\n<p><a href=\"https:\/\/www.vox.com\/technology\/2023\/4\/21\/23692515\/tech-workers-software-engineers-layoffs-meta-coding\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><br \/>\n Yuri Mote<\/p>\n","protected":false},"excerpt":{"rendered":"<p>If you were unlucky enough to have lost your job in the last 15 years, someone might have suggested \u2014 often unhelpfully \u2014 that you \u201clearn to code.\u201d It was shorthand for \u201cdo something actually useful that would have kept you from being laid off in the first place.\u201d That advice is starting to feel<\/p>\n","protected":false},"author":1,"featured_media":641305,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2531,26226,46],"tags":[],"class_list":{"0":"post-641304","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-coding","8":"category-supposed","9":"category-technology"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/641304","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=641304"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/641304\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/641305"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=641304"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=641304"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=641304"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}