this post was submitted on 05 Jun 2024
783 points (96.1% liked)

Work Reform

10044 readers
922 users here now

A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.

Our Philosophies:

Our Goals

founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] markstos 3 points 5 months ago (1 children)

The countervailing trend in the tech industry is layoffs.

[–] [email protected] 1 points 5 months ago (1 children)

I'm not sure what you're saying. The size of the labour force and the way salary "growth" relates to employer movement rate seem to me relatively independent dynamics. Moreover, I'd imagine increased layoffs positively correlate with the advantage that regularly moving employers can provide.

Am I missing something?

[–] markstos 1 points 5 months ago (1 children)

Some of the companies that pay the most are the same ones doing the layoffs, like Google.

Trading up for money could add extra risk exposure to layoffs.

But if every job change is seen as a pay raise opportunity, I guess layoffs are speeding the process along for you.

[–] [email protected] 1 points 5 months ago (1 children)

AFAICT, lay-offs are pretty widespread. Sometimes the bigger employers just give the smaller ones “permission” first.

[–] markstos 2 points 5 months ago (1 children)

I haven’t heard of any smaller companies in my network doing layoffs, but I’m sure there are some out there.

[–] [email protected] 1 points 5 months ago

Yea interesting. I have no numbers and I'm not really "plugged in" at all ... but I've certainly heard of smaller places doing layoffs after Google etc. No idea how widespread that is though.