Where have all the laid-off tech workers gone?

Re:Where have all the laid-off tech workers gone? by matt_s on Friday March 31, 2023 @12:00PM (#35389071)

Stripe. They are a payment processor and work in Finance. What significant contributions to tech have they produced? I'm not being snarky, I'm just not familiar with any off the top of my head like I know React came from FB/Meta, Google & Amazon produce all sorts of cloud computing stuff, Apple produces lots of libraries/frameworks (most likely for their own hardware/ecosystem), Bootstrap came out of Twitter, etc.

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Re:Where have all the laid-off tech workers gone? by ecshafer on Friday March 31, 2023 @01:04PM (#35390000)

Stripe made Sorbet for Ruby.

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Re:Where have all the laid-off tech workers gone? by quelltext on Friday March 31, 2023 @01:57PM (#35390698)

Providing an API abstracting over the complexity of payment processing is the technology.

Google's search engine is technology but you would probably say "isn't that just a researching documents"?

A bit weird how you only deem companies technological if they have released popular OSS or Apple because they produce libraries/frameworks they use internally. Pretty sure all software companies use internal libraries.

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Re:Where have all the laid-off tech workers gone? by roundandround on Friday March 31, 2023 @04:29PM (#35393164)

That just seems to feed the point to me. Google was competing with organizations particularly created for a new tech market that didn't exist before them. NYC library was maybe the largest player available to consumers? (Before the emergent search tech like alta vista and yahoo that Google disrupted.)

Stripe is a payment processor with the most disruptive automation, competing with other payment processors older than the web. Every industry will be shrinking in people per net work, few industries are new things (at least for the public) enabled by automation.

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Re:Where have all the laid-off tech workers gone? by tester756 on Friday March 31, 2023 @04:44PM (#35393374)

It sounds like: if they use computers, then they're tech, weird.

I don't share the sentiment, I don't see Netflix in the same group as MSFT / OpenAI / AMD / TSMC.

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Re:Where have all the laid-off tech workers gone? by 6gvONxR4sf7o on Friday March 31, 2023 @05:32PM (#35393952)

Are visa and mastercard tech companies? Or wells fargo?

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Re:Where have all the laid-off tech workers gone? by toomuchtodo on Friday March 31, 2023 @05:39PM (#35394034)

Federal Reserve is a tech provider in finance (ACH, Fednow instant payments, etc).

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Re:Where have all the laid-off tech workers gone? by PreachSoup on Friday March 31, 2023 @03:21PM (#35392073)

U got be kidding me. I'm not from Stripe but fintech is insanely complex when you want to do the dirty work and untangle all kinds of legal and financial mess to provide services globally. They are not called aws for payment for no reason

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Re:Where have all the laid-off tech workers gone? by matt_s on Saturday April 01, 2023 @02:14PM (#35402552)

Does that mean that any company doing finance is tech? If we, as a community, decide to tag every industry with "tech" like fintech, agritech, edtech, etc. to companies that are disrupting some industry it loses any meaning. Is every SaaS a tech company? Is disrupting the time tracking or invoice industry mean that is tech?

I think the qualifier is for companies that contribute something back, which many of those disruptor companies are using. Usually this contribution is some by-product since there are only a few companies who actually have main products as Tech.

Personally I avoid using the word "tech" and just say I do software stuff. Most people outside of computing just think its all the same anyhow ("can you help me with my wifi?" - In Laws, everywhere).

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