@nocoursewalks @h_thoreson @major Yep. The pressure from international job seekers was already stressing that market before all the layoffs happened.
With the rapid expansion of the past couple decades, it sure looks like a popped bubble.
It's gonna hurt for those who really love to do this work, but as wages go down, we'll probably see the folks who were just in it for the high salaries move on to greener pastures, so hopefully that will relieve a little pressure... but it'll probably be too little too late.
@h_thoreson @nocoursewalks @major Yeah, and in a "big picture" sense, it's really a good thing... the market is sending a clear signal that this isn't as viable a career path as it used to be, warning kids coming up to consider choosing something else. Just like it's doing to the coal industry.
But change being beneficial overall doesn't make it any less painful to those stuck in the thick of it.
@LouisIngenthron @nocoursewalks @major That's unfortunately what happens most of the time. My dad saw this in the 80's with farming, I think everyone saw it in the early 2000's with real estate, now we seem to be going through it with tech. Bad economic conditions have a way of filtering out people that weren't truly committed to the bit or were in a market that only worked at 100% optimal circumstances. It's just an unfortunate part of life.