The market is rough if your skills aren't current. That's just the truth.
9 replies (most recent on top)
@hg only temporarily. After the HR resources have done the work of "making the human resources more efficient after layoffs", so many of them won't be needed and the executives would want them gone next. Our executive board and their band of executives only care about their own pockets. They don't even care about shareholders so much.
@af a plumber from Oklahoma, MarkWayne Mullin, is now the Secretary of Homeland Security in the current stoopid-palooza in Washington, DC. I think you are on to a “Capitol” idea!
@he this company needs HR, join HR!
Good reason to pivot away from here.
Used to always be if you invested and learnt a solution / SAP portfolio you’d basically always have a role.
Last few rounds of cuts have shown that’s not the case. It’s actually quite a risk as you can end up at the terrible bottom tier consulting firms by being too invested in our ecosystem.
The appealing companies now want data and AI, but from an engineering perspective and solutioning, not our apps.
Read my hips: there will be no layoffs.
@e9 Klarna rehired at lower salaries and the employees lost RSUs. That is still a net negative for the employees but in this job market I do not blame them. I know someone who was impacted and that is how I know. While I understand the point you are trying to make, our executive board and area executives are aware of this and they are probably trying something similar.
I suggest to calm down a bit and do independent research of AI.
CEOs claiming AI has no impact on productivity
https://futurism.com/artificial-intelligence/survey-ceos-ai-workplace
Devs are not more productive with AI
https://dev.to/alexcloudstar/the-ai-productivity-paradox-why-developers-who-ship-more-code-are-not-actually-more-productive-12f7
I get it, AI is cool now - I remember 2018 when Blockchain was the buzzword. Do anyone remember blockchain now? Probably not.
All major AI companies are loosing money serving their models to end users while there are no returns. Current max anthropic subscription costs 200usd, while you can burn 5000usd in tokens. This is clearly not a viable business. Why anthropic won't raise price? Because no one will pay 5k - 10k a month to generate codeslop that might not be working.
Sure, CEOs will take advantage of current AI hype to lay off employees. AI is golden ticket for CEOs which helps them to say that layoffs are caused by adoption of AI (not by the fact that CEOs are id--ts that overhirred).
KLARNA already fired customer support employees and rehired them because AI failed.
Do you really think that AI that is not able to replace customer support will replace devs?
https://www.linkedin.com/pulse/klarna-fired-700-people-replace-them-ai-hired-back-jean-marc-strauven-ptmze
It depends on your age:
If you're at your 50s just hold on a bit doing maintenance and you'll be fine until retirement
If you're at 20s or 30s don't rely on IT because AI will take over so don't spend any penny and invest taking some risks
The difficulty is if you're at your 40s: you probably have family and can't take much risks so may be start a coffee shop and something physical that can't be replaced by AI
@OP learn what? AI is going to take over all jobs starting with developers thanks to Claude Code. The only learning at SAP are geared towards training AI so it can replace you faster. It's a no win situation unless one decides to quit tech and start learning to be a plumber or something.