Re:Microsoft has laid off entire teams behind Virtual, Mixed...
by gofreddygo on Saturday January 21, 2023 @09:45PM
(#34473668)
> the next 5-10 years will see a massive wave of new companies come out of this
I want this to be true, but I don't see how.
Good talent is still locked up in BigTech.
Talent that got freed up was working on things BigTech had no way of make money off of, even long term.
On the other hand, SmallTech offers now have a better chance, and seem attractive, to said talent. That must count for something.
This round of layoffs is proof that BigTech safety net is a lie. But not enough to push people with dependents to take on the pain and uncertainty that starting up ensues.
I want this to be true, but I don't see how.
Good talent is still locked up in BigTech.
Talent that got freed up was working on things BigTech had no way of make money off of, even long term.
On the other hand, SmallTech offers now have a better chance, and seem attractive, to said talent. That must count for something.
This round of layoffs is proof that BigTech safety net is a lie. But not enough to push people with dependents to take on the pain and uncertainty that starting up ensues.