Business Big Tech Layoffs Megathread - Techbros... we got too cocky...

Since my previous thread kinda-sorta turned into a soft megathread, and the tech layoffs will continue until morale improves, I think it's better to group them all together.

For those who want a QRD:

Just this week we've had these going on:

https://www.theverge.com/24048636/ebay-layoffs-1000-employees-january-2024

https://arstechnica.com/google/2024/01/google-ceo-sundar-pichai-promises-another-year-of-google-layoffs/

https://edition.cnn.com/2024/01/24/tech/sap-restructuring-ai-jobs-intl-hnk/index.html

But it's not just Big Tech, the vidya industry is also cleaning house bigly:

https://www.brokentoys.org/ludum-mortuus-est/

All in all, rough seas ahead for the techbros.

 

[TrinityReformed]

Absolutely. The living fossils that run Sony cannot handle the fact that their hardware division is getting lapped by the Chinese and Koreans and that the PS5 is probably the end of an era for Sony.

Meanwhile a small boxy PC with a CEC feature is the future of the home console....

Apparently, there are $3 billion dollars of pre-orders for gta6 already. Niggercattle are literally going out of their way to prop this industry up. For a game that has no gameplay released yet.

 

[blargenheimer]

I want to emphasize this.

Another reason is signalling company growth and appealing to investors with promises of higher returns because obviously you wouldn't mass hire if you didn't have a lucrative product in the works.

That's exactly what everyone did 2020-2022 and the second the economy turned they all went, "oopsie, we overhired!" Turns out nobody actually had the money and demand to support all those workers, they were only posturing that they did so that the low interest funding kept coming to support their pet projects like the metaverse hoping to create the next Big Thing™. It's putting the cart before the horse. It's a ponzi scheme.

Now they're all buying as many AI resources as possible. Subscriptions are going unused (or overused), hardware is sitting in warehouses. Once again it's not because they have the money and demand for those tools, they're cutting off their own limbs ("oopsie, we need to be leaner!") to be able to afford it and then shoving it into every unsuspecting anus, because they need to continue posturing to speculative investors to gain further intangible business leverage versus actual operating power.

In Xbox's case since it's relevant, they admitted to over-acquiring. It looked as if they were going to dominate the industry once Sony forced their hand, but when they had to actually stand on their own merits they had nothing: Abysmal hardware sales and not enough game pass subscribers because they had so few exclusive games worth a damn. Managerial bloat, abuse of contract and foreign labor, and impossible or misguided demands made every acquisition dysfunctional.

 

[Ahriman]

https://x.com/AmeraucanaLover/status/2074603835402994010

https://www.gamedeveloper.com/business/report-around-half-of-the-id-software-team-have-been-laid-off

 

[The Last Stand]

They also really went all in by firing old guards like this guy:

Wyświetl załącznik 9247128

If he was one of the main in charge to bring backwards comp to next gen xbox consoles then damn that sucks.

In other hand working 37 years would give him just a huuuuuuuuuge retirement paycheck right?

Still sucks he got piled off by a jeet of all things.

Get used to it, it happened to me as well. The tech industry is being outsourced by Indians and AI. I'm beginning to think my skills may be suitable elsewhere if possible.

 

[Ahriman]

Get used to it, it happened to me as well.

Story time, fren.

 

[The Last Stand]

Story time, fren.

Opublikuj w wątku „The India Menace"

27 Cze 2026

So, I've been laid off from my job. The kicker is that an Indian had to tell all of us those news. Add insult to injury, many internal job positions are stationed in India. So, I've basically been outsourced. Motherfucker.

• The Last Stand

Reakcje: x 37 x 2 x 2 x 5

I found out the news on the day of that posting in a Zoom meeting. They're positioning AI to assist with support calls so all of us remote advisors are getting the boot. And yes, I'm bitter that an Indian had to tell us, given their work culture.