News for hackers. Stuff that matters.

A comment on Big Beautiful Bill R&D Tax: Will tech go on a hiring spree again?. Parent comment

Re:Big Beautiful Bill R&D Tax: Will tech go on a hiring spre... by VirusNewbie on Tuesday May 20, 2025 @08:26PM (#44047226)
>BigTech has learned to operate leaner

I think almost all of big tech have more employees now than they did 3 years ago. There's just not as much growth or anticipation of growth, nor as much turnover.

When VC money is flush in the system, people are leaving their FAANG jobs for crazy scale up money. Now that it's happening less, big tech will have less turnover, etc.

[ Parent | on HN ]
Re:Big Beautiful Bill R&D Tax: Will tech go on a hiring spre... by scarface_74 on Tuesday May 20, 2025 @08:35PM (#44047278)
These are some statistics, I just saw on Blind. I didn’t independently verify it.

https://www.teamblind.com/post/The-golden-age-of-high-TC-tec...

The trends aren’t good and that’s before MS just announced a 6% reduction in headcount and doesn’t take into account enterprise devs where most people work.

There are also more people entering the field.

[ Parent | on HN ]
Re:Big Beautiful Bill R&D Tax: Will tech go on a hiring spre... by theflyinghorse on Friday May 23, 2025 @02:29PM (#44075231)
Undoubtedly we are also going to see massive offshoring wave for years to come. Big tech is going to downsize and there is just little sense for most non-tech companies in hiring American software engineers when offices can be spun up elsewhere like India.
[ Parent | on HN ]