Let's talk about Tech Layoffs | tech news
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- เผยแพร่เมื่อ 13 พ.ค. 2024
- I'm still playing around with the new format. I'm not sure what I want to do, but I know I want to talk about current events, especially in tech, in a way that's entertaining. So bear with me as I experiment with different ways of doing that. Thanks for watching as always :)
If you're an employer or an employee who got laid off, you can use layoffs.fyi/ for recruiting. Also, let me know in the comments if there are any other resources I can share to help the people affected.
0:00 Layoffs from big tech companies
3:03 Tech Startups and Leverage
3:56 Electric Scooter company BIRD who crashed and burned
5:25 SPACs and the bull market
8:36 Big Tech Companies overspending and overhiring
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I'm still playing around with the new format. I'm not sure what I want to do, but I know I want to talk about current events, especially in tech, in a way that's entertaining. So bear with me as I experiment with different ways of doing that. Thanks for watching as always :)
❤️❤️❤️❤️❤️
Love your videos man
youtube.com/@Programming_languages
youtube.com/@Programming_languages
Great job joma 💖
"If you fart alone, you're a villain. But if you fart in solidarity, with the people, now you're suddenly a victim and farting is an act of protest." -Joma the wise, circa 2023
Thats such an odd way to put it. But it made sense
why use circa when you know it's exactly in 2023?
Sorry, but this made me cry with laughter. It was so spot on.
@@bbnCRLB Because people... well, like the OP for example, don't know what it even means, lol. Well whatever, we knew what he meant.
You either fart alone or see yourself turning into a mass farting maniac with people.
I'm not happy when people lose their jobs, but the hubris of that "day in the life of a 23-year-old product manager at meta" made me change my mind.
I had that kind of job (well, SWE instead of PM, but it doesn’t make a difference in this context) and nobody I worked with was like this. Man, that tiktok was the douchiest thing I’ve seen all day. I already felt bad enough about the gentrification; why would I want to intentionally cultivate _more_ resentment?
The reality is most people need their job and do at least some average work for it. Even if you earn well at a tech company it's still rent, bills, and maybe a bit of fun but employees are never going to be rich unless top management. It always sucks to get fired because you immediately think of your rent and living expenses. So yes, companies should be a LOT more thoughtful of making sure they do their best to keep their employees unless you really fuck something up (or give you a half year's wage when they let you go so you cans till sleep well the next night).
@@bencze465 nah companies can fire employees who make day in the life type of videos.
They are the reasone people who actually do the work have work harder, in most big companies a smaller % of employees does almost all the work and the rest almost do nothing, but look busy.
Agree I say fire them all, they don't do anything anyway.
@@jonathandavis8599 Absolutely agree. you live to work. Move your lazy ass!
Cool format, please continue. You are one the few youtubers I still watch and most of your videos make me laugh here and there while also being interesting and relatable. Please keep making solid content ❤
Nobody can mix and match comedy with education and reality and critics like you Joma.
Techlead is even better at it
He's almost as funny as my mom.
@@TheMrNomadus Yeah the guy is good. But he is a bit more sarcastic than Joma.
Colbert, Jon Stuart, Oliver…?
@@TheMrNomadus you do realize Techlead was a compulsive liar and scammed his followers with a 💩 coin, right?
That was incredibly informative form both a tech company perspective, a start up perspective, and an economic perspective, all condensed into something understandable and easy to digest. Something like this once a week or every two weeks about what’s happening in the tech world I think would skyrocket in popularity
Agreed
These videos are fantastic! It's really great to hear about this stuff from someone else in the tech industry who knows what the actual engineers go through day to day. I feel like I'm watching a tech news bit on the Colbert Report or something, and I love it!
I am so happy that you believe more in yourself now and are willing to actually believe you can teach amazing things from this industry. thank you
"People rather be poor together than feel left behind by everyone else getting rich"
Joma sums up the VC trends, wall street, and human greed casually😂
Hell yeah!! We don't want to hold on to the trash! What can it do for itself? Nothing! Invest the damn thing: not to hoard it.
I mean... Dude's Humor is on another level>
@jomaoppa missed the main reason of all that mess, don't want to get political, so I'll just say that some people call that reason Brandon
@@a.r1832 Haha, compost taped on wall worth much more than trash, duh
And why big money falls for so many overhyped mirages like WeWork or Theranos or Juicero.
9:13 She's now a VP Product at Meta
Tell you volumes about what teach PM's do.
woof
😜 thankx
Life is unfair 😓
We know how she got to keep the job
It's a great video Joma. I love this format especially the insider details. Layoffs is a big problem but the way you handled the news, feels energizing. Good work! 👍
Really enjoying how much your content has matured over the years
I really like the new format. I can see it's not quite there yet, but I really like this kinda serious style with perfectly fitted jokes, illustrated with real clips.
Also, thank you for the slower paced narrative, so much nicer than 1-minute videos with 100 words per second
Basically this.
Well explained
Big plus one. The humor came at the perfect moments to keep things light without distracting from the weight of the content. In fact, it often underscored the points being made.
I held in a big fart
totally agree
I love how Joma uses child-like drawings and memes to educate people on serious topics is an innovative and entertaining way of conveying information.
-let me revise guys
huh?
what
children????
@@ogmoiz I hope it clears your mind
They are not drawings and memes, they are art.
wow this is so deep.. and so true at the same time. I don't really get people buying hype things that doesn't really have intrinsic value on its own, you seems to capture all this really well.
Great video! I love your humor and you explain this in a way a normal person can understand! I subbed when I saw your funniy videos of life of a dev etc. This types of videos are a huge plus for your channel man.
We need more of these! Your ability to condense information and present it in a way that is easily digestible is great!
Didn't know Joma was this smart. Well done!
lmao burn
because he's Asain dah😅
@@MohamedHamed-gz6de Asain dah is the legendary hero in the GoT books or what?
Don't know if praising or insulting
It’s the Waterloo
This format is great Joma, I love the new direction.
this getting much better than any other podcasts dealing with the layoff. so informative.
Interlacing comedy into serious topics makes issues and situations so much easier to digest. I knew what the tone was and what information to get out of it while also understanding where and what the humor was doing
Easy to digest lol, I was eating listening to this commentary, could not digest my food at all😂
To be fair, I think this content is more sustainable than some other videos based on pure creativity. Probably wouldn't get as many views as not everyone is into the very details of why shit happened but I personally think this is a good transition. Keep up and looking forward to more videos from you! 😀
Came across your video today - very good and interesting.
Good luck with the new venture.
I like your videos, Joma! :D
Anyway, thanks a lot for a simple explanation of what's happening right within the industry. Not only the big companies did overstretch and have to bear the consequences now...
“Just like the way my ex broke up with me”😂
look what i found, FAILURE😂
Didn't know you watched this channel Steven, thought you'd be too busy being a failure
I am just gonna like your not funny comment because I feel pity for someone who become famous with doing something and now cannot do it ( being funny for your case ).
EMOTIONAL DAMAGE!
The Legend is here!🥰
As someone who isn’t that knowledgeable on the backend for business finance this was highly digestible. Felt like a very informative video!
Ikr
amazing video! I love this format! it was easy to understand and really engaging as well. keep it up
Please continue with this format. News conveyed in simple manner are always helpful.
I like this format. A bit of humor, a lot of information and great references to other events. Keep them coming!
I'd have LOVED a longer commentary even! Felt like you had more to say! Please keep making these videos!
I agree with everything you said and this was expected I mean we saw it in 2008 recession now the weird part is that we know how things works in companies like these and we know also that they use the leverage based on pure greed...and yet engineers still dream working there and keep fueling the system through the same company that will help producing more of these patterns.
Amazing man, you were extremely on point, did not waver far too away from the topic and still brought out humour here and there while explaining the situation perfectly!! More of this!!
Joma has matured a lot in the past 2 years. I hope he's doing ok.
I read that as he said “Imagine you’re in a classy restaurant holding in the biggest fart of your life”
I emailed him via corporate email to be his musical composer back when he was still working at Google and he never responded. Then he quit like 2 weeks later
@@MaxLohMusic ok?
Lmaooo “this male has matured must be something wrong”
@@MaxLohMusic My guy, do you have any idea how many emails he must get?? There's absolutely no way he could read through them all even if he tried. If you're a successful TH-camr, you gotta draw a line somewhere or you won't even have time to put out content
A very well-articulated video, probably one of the best I have seen, that covers this topic in an easily digestible way.
Really appreciate the paint drawing animations, epic stuff! 😅
I've seen lots of videos explaining the layoffs, none was so concise, insightful and entertaining as this. Great work!
It's actually a great thing that you're switching up and trying out new kind of content!
This was really well researched and put together. Thanks, and keep them coming.
This video had the perfect intertwining of serious a topic and comedy, I hope you continue this format!
Love the new format. You go further than the typical surface level newspiece fluff and break down the 'why' to these topics. Super informative and easily digestible, genuinely love to see more of this!!
Joma. At 2:45 you asked very interesting questions. I am looking forward to the follow up vids revisiting these. Thanks.
These explanations and
Analogies were phenomenal. Great video
Joma - I really like this new format! Informative on a topic I’m interested in, doesn’t feel super opinionated, and still engaging and visual. Cheers to new directions!
I really like these kinda vids, especially from Joma. Simple and informative. He really is a good story teller.
That was really awesome man! SPAC was very enlightening and had THE perfect mix of tick-tock ladies. Loved every moment of this video!!
I love the humor, the cheesy self made animations, and the straight talk.. Well done!
Woooooow this is such great content! I'm especially happy that compared to other available talk shows/ late night shows, Joma Tech is one of the few with a clear focus on tech, allowing the content to dig much deeper where you actually learn things beyond the news itself!! I recommend Joma explore possibilities of combining short storytelling scripts with this talk show format, a little like the daily show respondent special content, but with a special touch of the Joma humor (e.g. playing a character related to the news behind a green screen). Overall, this was so good! looking forward for the next video
@joma this was THE BEST EXPLANATION for the layoffs and economic conditions I have ever seen. So simple and understandable because of you! Looking forward to more content like this 🎉
Really liked this video Joma. Really well written and interspersed with the right amount of humour.
I see what you are doing, buddy! You are proving you can host a talk show on a big network. Love it!
Hey Joma, I liked this format of video more than some of the other ones. Keep making more of these so that we early career folks get a better understanding of the economic cycles in the Tech industry.
I love your videos man! Kudos all the way from Mexico!
This was actually extremely informative and I apprecaite this format
Amazing new format, Joma! Very informative and kind of quick. Really liked It. Keep up with the good content! And also that format of news/analysis are really interesting. Try to bring up more!
I love this new video format. I could eat these all day. Extremely informative and funny as hell. Keep it up joma!
Great content. Subscribed. Keep this up Joma.
Love the way you explain things. officially subscribed.
I literally love everything about this video. More specifically how you used you data science and analytical skills combined with good sense of humor to create a news episode that is exciting to watch.
Love the new format. I was actually very articulate and well reasoned, I’ve been trying to explain some of the stuff to my non-technical friends, and family… Your explanation is way better.
This was an interesting insight, nice work! :)
Great video man!! This is my first time seeing your videos but you did a great a job at explaining !
Love that new news thing. Your humor makes those videos super watchable, even hearable if ure unable to watch
I really appreciate the amount of effort you put into making this! Thank you!
Please continue to do this kind of videos. I find them really helpful as I don't watch that much tech news
awesome stuff. so good how you summarize complex stuf into small and easy to watch pills, keep it up
This was so damn gooood! Super interesting content, well structured and the humor was amazing, the train-butt scene from drawn together caught me so off guard I was dying of laughter.
I love that you kept your character in this new format. Was expecting the well delivered jokes and pleasantly surprised at the content presented. The slower pace of delivery plus the full length of example clips, mmmm perfecto.
Great!
Amazing video Joma! Really insightful!
Keep it up Joma. Your sense of humour is lit. Especially the part you make fun of your old self 🤠. And the analysis is also good too. Informative + chilling 😜
Love to see this kind of content, you make it understandable to us viewers on what's in the FANG layoffs trend. Hope you make more videos in the future.
Man, like you talk the true. Nobody says these things nowadays. I hope to see more vids like these. You mix comedy and knowledge Joma
This was so educational and informative, Joma! Keep these videos rolling!🙌🙌
Joma has been humble since the beginning. Nothing but respect.
He has really changed for the better since he left tech lead…
😁Wow, you do such an excellent job of unpacking a complex situation in a way that's easy to understand while keeping it genuinely fun & humorous at the same time.
Hey Joma, glad to see this is still working for you. Really like this format. Your dry wit works well with the visuals (aka dank memes? No idea, guess I'm old)
So much better than I expected. Good work.
Honestly, this is way better than your old videos. Keep up the good work!
Keep up the good work Jomes this is amazing u managed to educate and entertain viewers at the same time and it's very easy to understand I foresee huge growth with this new format 👌
Love this new format!❤ Keep uploading videos like this.
i like your new concept on making content , keep up good work bro !
This was great, serious video with a bit of humor, keep it up 👍
this was an absolute banger. the mix of comedy and information was captivating and easy to digest and understand. would love to see more content like this!!!
"Though it was their mismanagement of their leverage, the employees are the ones who had to pay the price."
This is the sentence that i like the most in this video 🤟
Exactly. And that Start-ups revenues couldn’t keep up with their spend, makes so much sense. So all the hiring they did over 2020 in 2021, they realised shit were blowing expenses in areas of the business which aren’t necessary and adding value to our top line revenue and bottom line.
Also capitalism in a nutshell. (If we allow ourselves to be overtly reductive)
Absolutely not: employees were taking home the cash as salaries that their company borrowed.
@@noobestofdamall yet capitalism is the best system in the world. Unless of course you are brainwashed
@@mikedv7954 If you sincerely believe capitalism is the best system in the world, you might be the brainwashed one Mike. A mix of socialism and capitalism like many Scandinavian countries practice is likely closest to the answer of what is best for large populations of human beings.
soo good. Thanks for the vid Joma!
Love the videos, comprehensive and easy to understand
Excellent video Joma! This was extremely good for your first video of this format. You struck the right balance between humor and the gravity of the topic. Please keep making these because we need more informed take from someone who has lived through the hullabaloo of Silicon Valley. Well done!
One of the best videos i've seen from you honestly. Easily digestible and very informative without losing your sense of humour.
Great work and on-brand for the channel!
nice breakdown and connections of the events, very nice video, keep at it
Joma is one of my heroes. These videos are truly amazing. I learn so much, I laugh, I think, I feel sad, and then I think damn, this guy is amazing.
Really enjoy the new content. You unpack complex concepts in simple ways with an entertaining narrative! Love it!
I’ve watched your videos before, but I’ve never really engaged with them. As an SWE who’s company just had layoffs I found this one super informative and worthwhile. Hope to see more like this!
This is some deep thoughts that really rock! Working in tech and actually have the same feeling where some tiktokers are posting their life in the internet, getting thousands of view and reluntant to deliver anything meaningful. These social media platforms are poisonous if overdose.
Great video. Also don't forget that investors loved every single one of those layoffs and stock prices rose massively on the news.
During the recession of 2009, the same thing happened to our tech company-huge and international and was there before FAANG was a thing. The same also happens with most of my freelance jobs before. You just wake up without access to anything and warning. I think young people in tech are not used to this and are not aware something like this can happen, especially if they feel privileged and comfortable working in a big tech company.
all this makes me realize is you're still a small wage employee/cog in a gigantic machine and you mean almost nothing. And to actually "make it" is to not have your job and life in the hands of random financial giants who change their decisions on a whim.
@@mog7501 I actually agree with you. I’m now working for a better company (thank God) that worked so hard to keep its employee during the pandemic. I think it’s not really about working for a big or small company, as long as your boss sees you as his slave, he can easily kick you out if the need arises.
no job is guaranteed. anyone who's able to secure a position in one company for the majority of their career is an exception. You are your best asset. when a company can longer afford you, you may walk away knowing that you are taking your worth with you and providing it elsewhere. your income and company does not define you. the sooner you let it go the easier life gets.
meh. i dont feel any empathy for these laid off tech workers making tiktoks and complaining about work/life balance.
@@mattiaslp9645 That tiktoker was/is a douche. Nobody I worked with was like that. Although I don’t need your sympathy, the job really is soul-crushing sometimes for some folks. Saying, “Meh, I don’t feel bad for these people” just makes you seem resentful.
Such a good content Joma. Keep it up! I like this new style of videos. Adressing reality, with Joma's touch! Love it!
Love the format. keep up the good work!
Joma I hadn't seen your videos in a while, I unsuscribed some time ago since I didn't like the direction your content was going but after seeing this I had to suscribe once again. This is a very cool format, keep it up.
This man is a comedic genius. Please keep deliver news like this, absolutely love it.
I like this guy and the way he puts everything together. All the love from Nairobi, Kenya. 🇰🇪
Tuko wengi bro 😂
Elegante humor, excelente trabajo Joma!