Economy crises, Job loss etc etc

This is a discussion on Economy crises, Job loss etc etc within the A Brief History of Cprogramming.com forums, part of the Community Boards category; Hello all, I thought of like asking you all about what the hell is going on out there in other ...

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    Registered User ssharish2005's Avatar
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    Economy crises, Job loss etc etc

    Hello all,

    I thought of like asking you all about what the hell is going on out there in other countries. This is just getting worst day by day. The amount of job loss is just increasing. This really scares me Since I have been recently been employed and donít want to be job less.

    How are your firms doing? Do you see any sign of job loss? So far in my firm there is anything sort of like that, touch wood. But then i know that at some point they would be.

    The strange thing is, my company is still recruiting people and they are trying to expand their firm. What really scares me here is that, they know the economy isn't really stable, it's better to save money right now, isn't it.

    ssharish
    Life is like riding a bicycle. To keep your balance you must keep moving - Einstein

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    Reverse Engineer maxorator's Avatar
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    Quote Originally Posted by ssharish2005 View Post
    The strange thing is, my company is still recruiting people and they are trying to expand their firm. What really scares me here is that, they know the economy isn't really stable, it's better to save money right now, isn't it.
    Economic crisis can also be used cleverly. Think about it - if a company is developing something that will sell good even in the current situation, they can get energy, employees, advertisings etc for a very low price. For some businesses, economic crisis is the perfect time to start or expand their company.
    "The Internet treats censorship as damage and routes around it." - John Gilmore

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    Registered User ssharish2005's Avatar
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    May be your true. But then for the firm I work telecommunication I don't have any clue of whether the telecommunication side of the business has been affected?

    And also I have been thinking about this for a while, now since the companies could keep up their credit very well, they started removing their employees to stabilize their profit and the credit.

    But why don’t they do something like, reduce the pay for the time being rather than removing the workforce. It is very difficult to find the person who does the job. And if you’re trying to kick him off, and its the firm which is going to be suffering to find the right person again later on.

    It is better to keep having some sort of income, rather than no income at all. At least, by that way everyone could be happy.

    ssharish
    Life is like riding a bicycle. To keep your balance you must keep moving - Einstein

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    Kernel hacker
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    Quote Originally Posted by ssharish2005 View Post
    But why donít they do something like, reduce the pay for the time being rather than removing the workforce. It is very difficult to find the person who does the job. And if youíre trying to kick him off, and its the firm which is going to be suffering to find the right person again later on.

    It is better to keep having some sort of income, rather than no income at all. At least, by that way everyone could be happy.

    ssharish
    Yes, except that this will lead to the "wanted to keep" people leaving, and all the ones who can't get another better job staying, and that is not exactly what the company wishes to achieve when they get rid of people - they want to keep well-working units intact, and get rid of inproductive people [at least in theory - it may not work that well in reality].

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    But why donít they do something like, reduce the pay for the time being rather than removing the workforce.
    Working for less pay reduces morale of the work force. This in turn increases the attrition rate. That's why companies prefer to cut jobs rather than reduce salaries. Also, what firm are you working with. I don't know many companies, atleast back in India, that have open positions for freshers. The hardest hit by all this are those who have graduated last year or are going to pass out this year. I am pretty fortunate that placement season in my institute got over before all this started.
    Code:
    >+++++++++[<++++++++>-]<.>+++++++[<++++>-]<+.+++++++..+++.[-]>++++++++[<++++>-] <.>+++++++++++[<++++++++>-]<-.--------.+++.------.--------.[-]>++++++++[<++++>- ]<+.[-]++++++++++.

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    and the hat of sweating
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    Now would probably be a good time to go back to school if you were planning to upgrade your skills or if you're unemployed. Otherwise, don't quit your current job unless you know for sure you can get a new job before your bank account dries up.

    My company is also doing a lot of hiring now.
    "I am probably the laziest programmer on the planet, a fact with which anyone who has ever seen my code will agree." - esbo, 11/15/2008

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    Malum in se abachler's Avatar
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    Its not just kids getting out of college, I've been unemployed now for 5 months and I have a lot of experience.
    Until you can build a working general purpose reprogrammable computer out of basic components from radio shack, you are not fit to call yourself a programmer in my presence. This is cwhizard, signing off.

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    & the hat of GPL slaying Thantos's Avatar
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    Hmmm, guess this might not be the time to say that at the recent science and engineering career fair there were a lot of companies looking for Computer Science, Computer Engineering, and Electrical Engineering graduates.

    One thing to consider is that if a company is sure that it can weather the current recession then they'll want to keep some continuity in their ranks. I interviewed and visited a company in the fall that did very little hiring in the 90's. Now they are low on mid level people. This is good for new peeps like me though

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    Dr Dipshi++ mike_g's Avatar
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    At a clueless guess I'd say telecoms is a pretty stable industry, like supermarkets.

    Personally I havent noticed a problem, work wont stop battering me with more fun things to do.

    If getting a job is a problem tho, its worth being flexible. There seem to be a lot of .net jobs going atm.

  10. #10
    Malum in se abachler's Avatar
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    Quote Originally Posted by mike_g View Post
    If getting a job is a problem tho, its worth being flexible. There seem to be a lot of .net jobs going atm.
    I'd rather scoop my eyeballs out with a rusty spoon. .NET is career suicide, similar to JAVA, sure theres work, but its a dead end job. How many radar targetting systems are written in .NET (or JAVA). Its fine for simple applications, but complex multi-tiered/embedded solutions generally require C/C++/Assembly, not .NET/JAVA
    Last edited by abachler; 01-26-2009 at 06:11 PM.
    Until you can build a working general purpose reprogrammable computer out of basic components from radio shack, you are not fit to call yourself a programmer in my presence. This is cwhizard, signing off.

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    Captain Crash brewbuck's Avatar
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    Quote Originally Posted by abachler View Post
    I'd rather scoop my eyeballs out with a rusty spoon. .NET is career suicide, similar to JAVA, sure theres work, but its a dead end job. How many radar targetting systems are written in .NET (or JAVA). Its fine for simple applications, but complex multi-tiered/embedded solutions generally require C/C++/Assembly, not .NET/JAVA
    Depends how you look at it. There's a lot of code being written in .NET languages right now. If you can do it well, why not cash in on it? Just don't bet your career on any single language or platform. That advice goes for everything, not just MS and .NET.
    Code:
    //try
    //{
    	if (a) do { f( b); } while(1);
    	else   do { f(!b); } while(1);
    //}

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    Super Moderator VirtualAce's Avatar
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    Thankfully my company is doing quite well and is hiring and expanding. Not to say that could not change overnight but for now it is fine.

    It is my firm belief in any economic time that such attitudes as I won't do this or that due to some personal vendetta will get you nowhere much less a job.

    A boy does what he wants to and a man does what he has to.
    Last edited by VirtualAce; 01-26-2009 at 07:19 PM.

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    and the hat of sweating
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    Quote Originally Posted by Bubba View Post
    A boy does what he wants to and a man does what he has to.
    And a rich man does what other people only dream of.
    "I am probably the laziest programmer on the planet, a fact with which anyone who has ever seen my code will agree." - esbo, 11/15/2008

    "the internet is a scary place to be thats why i dont use it much." - billet, 03/17/2010

  14. #14
    Malum in se abachler's Avatar
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    Quote Originally Posted by Bubba
    It is my firm belief in any economic time that such attitudes as I won't do this or that due to some personal vendetta will get you nowhere much less a job.

    A boy does what he wants to and a man does what he has to.
    .
    Actually its not so much a 'vendetta' as it is a strategic decision. I only have so much time to spend learning new technologies, I prefer to spend it on those that have the broadest long term application. I don't see .NET as having broad long term applications. So rather than spend my time learning .NET, I can spend it learning e.g. Single System Image OS development, something that has much wider, long term benefits. The world needs ditch digger's, but the world needs engineer's too, and every engineer that you force into being a ditch digger is one less engineer you will have when you need them. I'll leave the ditch digging to the ditch digger's, God didn't give me a 172 IQ so I could program ........ing database's and web pages.
    Last edited by abachler; 01-27-2009 at 12:06 AM.
    Until you can build a working general purpose reprogrammable computer out of basic components from radio shack, you are not fit to call yourself a programmer in my presence. This is cwhizard, signing off.

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    and the Hat of Clumsiness GanglyLamb's Avatar
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    Economic crisis can also be used cleverly. Think about it - if a company is developing something that will sell good even in the current situation, they can get energy, employees, advertisings etc for a very low price. For some businesses, economic crisis is the perfect time to start or expand their company.
    Plus the fact that if at this point a company starts research into a product even though there is no market at this moment for it. Then at least they will have a stable production proces etc by the time the market is ready for it, so if you dont invest now, other companies might and when this whole thing blows over you have a less firm grip on the market since you are lagging behind competition.

    Thats maybe why some companies turn back to their core business, cut of the hands and let the body survive...

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