Speaking as someone who has worked for a tech giant for the past 7 years: Another big reason why people are leaving these companies is because we aren't treated well. Compensation and perks are fine, but not if we can be laid off at any time by our great-great-grandmanagers whom we've never met outside of seeing them on stage in an auditorium and who refuse to take questions about what decisions led to layoffs being necessary or whether or not they expect they'll need to do more layoffs in the future. People move to startups because at a startup, we are not only in control of our own product, but also because we're closer to the decisions that lead to the success or failure of the company as a whole, and because the people who make those decisions know more about us than just rows on a spreadsheet.
It's great that small companies don't lay off people on Friday nights, right? The horrors of the big companies that you listed in the small companies also exist. Probably with the exception of high salaries and bonuses.
I see the fact that the big tech is collapsing under its own weight as a good thing. The market needs competition of small companies filled with passionate individuals, not an oligopoly of giant bureaucratic entities whose members mostly don’t give a damn about technology.
@@AschKrisYeah successful startups just get bought up and absorbed into the main big tech companies. The guy in the video kept bringing up Open AI like they aren't owned by one of the biggest tech companies on the planet.
Many companies are like that. The problem is if/when we expect them to be our friends or like our family. That's not what the workplace is for Do the job you agreed to do & get paid what they agreed to pay. Simple
@@AkeruZikoraSo basically just do the job expectations and nothing else even when they expect more than the listed job expectations? Smart thinking and common knowledge
@@codycast I must respectfully respond to this one. I never said to do the minimum. If you think going above and beyond working as an employee will get you ahead then you are already behind.those getting ahead aren’t doing it by being corporate lackeys or wage slaves. They’re doing it by going above and beyond on their own personal business ventures. Those getting ahead in my circle are specifically those that ARENT burning themselves out doing extra at work. They do what they are paid for at work, nothing more. Nothing less. With the energy saved they work on expanding their business ventures and getting ahead. Ultimately Working as an employee is nothing but a transaction. A company exchanges a set amount of money for an expected amount of time and results. Why would anyone do beyond what is required for free? Time is valuable. Get paid for it. If they expect more. Then they should pay more.
This is a rude awakening caused by the Big Tech entities. They romanced talented people, but through ruthless data-driven and optimization efforts, have caused the tech sector to be an unstable nightmare to work in. If people don't feel they can count on a company to provide them a sane work environment and stability, they will go to places where they can get it.
They are not getting it anywhere in today's world. Big Tech has definitely overpaid their employees and treated them like royalties (at least in USA). That's why the smartest people go there. Smart people don't make irrational decisions.
My friend from amazon in EU told me. They fired a lot of engeneers and month after that hired most of them back (most ex employees got offer, many refused). Big tech layoffs is cutting really shit projects, but mostly is game with investors like "year market is bad, but we doing something, see how we fired some employees". Its eu situation, may me Silicon Valley its different.
@user-vo9wd6tx6c collectively yes. probably. But within the company, these are decisions made by, supposedly, rational people. Workforce management is not a market process. Like, does it not contribute to the bottomline by becoming efficiently managing manpower?
It's covered by the video. They end up hiring many opportunists instead of true engineers, so they need to clean the house and recruit again. The trouble is with quality, not quantity.
As someone in one of these roles, I can assure you that fixing bug #2001 is not the daily work of higher level software engineers. Honestly, if that was the daily work, that might actually be more fun. The reality is that you're in 12 hours of meetings in an 8 hour timespan, since any top contributer will immediately get noticed by their manager and turned into a leadership role, where your technical designs become political negotiations. You'll be lucky to open your IDE once per week in an L7+ role. Spending hours of your life convincing some TPM to remove an unnecessary requirement, only to have them flip back the very next day. Most good software engineers entered the career because solving problems is fun, not to play office politics at a trillion dollar conglomerate.
@@The_Conspiracy_Analyst Indeed big tech hiring is broken. The white board challenges and system design interviews are far removed from real engineering.
Many decades ago, IBM was identified as the primary tech company. When recruiters were scouring college campuses for the best and brightest, a key sales pitch was "We're not like IBM."
@@TheGameMakeGuy As pointed out in the video, it's just not there like it once was. On top of that it's fucking infuriating working for FAANG companies. They've all reached such a high level of saturation that your job ends up being chasing fractions of a fraction of a percent increase in efficiency, user retention, etc. It's just boring bullshit. Working a tier or two down from FAANG on fun up and coming industries is far more worthwhile.
@@TheGameMakeGuy Think about it like this: You're a footballer (aka Soccer player) at your prime and you're in great condition. Would you rather go to Saudi Arabia and trade your personal freedom and fade out your name by playing in a mostly unknown team for the money, or move to a big European team to earn less but gain more personal development and prestige? Or even yet, go to a lesser known European team, build up their morale, score their first major tournament and write your name in history?
I love the corporate environment. I'm still a junior with 2 years of experience and I love my job for the sole fact that it is boring. I just go to work, do my job for 8 hours, come back home, take a nap, and then start work on my game hobby project. I may not get the highest pay, I'm paid with industry standard, not a cent more or less, but the fact that I'm not stressed and I can work on my passion in the free time, and to just be able to think of this job as just a regular one, not being required to do overtime, it keeps me happy.
Oh yeah! Like what work do you actually do. It's all about opening laptop, checking mail, coffee break, talk with colleagues, lunch break, some work, leave for some corporate event, then some fancy snack, etc. Like what!
You depicted the 3 catergories very accurately but you forgot the one saving these companies: The immigrants. I was part of this bucket. Many many engineers get better salaries than they ever would from their own countries, have higher difficulty changing jobs because of visa issues and delays, and are very qualified. This is what saves the big tech today.
Yeah that is kind of part of the "groomed" but I do think he could have mentioned the H1B "hostages" that cant just job hop once they get their opportunity.
Corporate leaders are just ran by rich kids whose parents hooked them up with a full ride at a top university. They’re spoiled rich kids. They have little to no empathy for people. They just look at numbers on screens and decide from that. Not as surprising when you realize that
FaceBook has you do a summer camp like thing for Sr Engineers. You go, interview, then you get on a small team and do a project, after that the departments will pick and choose like college football players getting drafted into the pros.
I’m in Big Tech now, looking to jump ship by the end of the year (if I don’t get laid off first). I just have no motivation anymore to do this monotonous incremental work bogged down by bureaucracy. If everything works out as planned, my next job will most likely double my hours worked while cutting my pay, but at least it’ll be for something I’m actually passionate about.
It is not a bad choice, the entire attraction of big tech is the job security associated with working in a too big to fail company, but that went out the window when they started laying off. Now you can be in a company where you have more control of what happens.
Tech is its own worst enemy. Not offering junior roles to train up younger talent, leetcode (the WORST way to gauge a software developers skills), 4+ rounds of interviews for a single job....the list goes on and on.
Hospitals don't even hold a candle to US private insurance. Even the largest hospital systems are like one percent the size of the major US health insurers. If you want to see how a monopoly/oligopoly works, look at US health insurance. Many, many problems in US healthcare have roots in the fact that health insurers basically operate like a cartel: they don't compete on price, they use their market power and anticompetitive measures to crush competition, they engage in de facto price fixing and other extractive business practices, and they use their giant size to lobby for whatever handout they want from Congress. The big three insurers have been described as being more powerful and more frightening to congressmen than the oil lobby. Past generations in the US really leaned into privatized health insurance, with citizens and businesses thinking it would give them more control and more choice than a nationalized system (ie, if I don't like this health insurance plan, I am going to shop around or go to your competitor). Sadly, we wrongfully allowed a bunch of mergers and acquisitions such that only Aetna, Cigna, and United remain, and at this point, it is totally impossible for competitors to enter the market. The regulations and market conditions have come together in such a way that everything has hardened into catering to what Aetna/Cigna/UHG want... and that's it. So, if you don't like your health insurance plan, that's too bad, because their competitor is doing the exact same things and charging the same prices. And good luck switching, because unless you're a business, you typically can't actually chose another provide. Like any oligopoly, the three companies in the cartel are all doing the same things, and have little distinguishing them from one another. So we don't actually have any choice in the matter, there is no competition and no market discipline from customers, providers, or pharmaceutical manufacturers. It causes so many headaches at a macro scale, because they can just wring blood from a stone, engage in rent-seeking, and extract higher and higher prices while offering nothing in return.
people filled lucrative positions not out of necessity; but to keep them from starting something else- or working for someone else. They have been let go; they don't believe it's possible for you to ever rise above them.
I used to work for google for a 6 figure salary but living near work was so expensive. Moved overseas to Malaysia working remotely for a smaller company for 80k now. I am much more happier with way lower living costs and stress.
100% true! I had offers from Amazon, Meta, Google many times but never joined. Lots of office politics from skill-mimatched people in power combined with a low scope of work is a problem. My recommendation is to specialize in something and join a smaller company with a better scope of work and ownership and low politics. Doing a startup or consulting are other good options.
@@pb25193 It was on different years (once you reject an offer, you can change your mind within a year) for different levels and different teams (not always). They were all genuine efforts when I was planning to switch my job. I still recommend interviewing at those companies as you will know your market rate and level at that time. You might get a genuinely great project and team. For me, other companies provided more meaningful offers and jobs. FAANG still focuses too much on generalists (for scaling the company) and doesn't know how to use specialists (small companies do this well).
It was on different years (once you reject an offer, you can change your mind within a year) for different levels and different teams (not always). They were all genuine efforts when I was planning to switch my job. I still recommend interviewing at those companies as you will know your market rate and level at that time. You might get a genuinely great project and team. For me, other companies provided more meaningful offers and jobs. Big Tech still focuses too much on generalists (for scaling the company) and doesn't know how to use specialists (small companies do this well).
lol I could tell in the first minute that these incredibly logical people know that there's no loyalty from these companies, and that they don't owe it in the first place. And then the companies act "baffled" and "confused" as to why they're being used like this.
9:08 I am an Asian from HK. You have a good observation. Many Asian parents “force” their children to be “successful”. I am not the groomed. I didn’t study that much (at all) when I was in high school. However I luckily I end up “OK”, graduated from the top 5 engineering school with MSEE working in the Semiconductor “Fab” which was a very bad/horrible career choice. It is another story! I always regretted I did not go for Software engineering since I truly like programming. If I were a programmer, I would find all kind of problems as my current career I am sure! I really like your content. Thanks for sharing.
I'm curious why working at the Semiconductor Fab was a terrible career. Are you constantly required to do overtime? Does the boss expect you to pull off miracles every other week?
This is great, but a caution for the slammers: Strive to be greater than them, don't repeat the same mistake with your start-up or work. It's more often that we repeat pattern we learned, esp. after graduating from big companies. EDIT: I forgot to add that usually big companies purchases small promising company.
When I joined Philips in the UK 30 years ago, they had employee support in place to help you buy a home, securing you in the location. With outrageous cost of homes now, that's not an option. So of course employees are mobile. One of my friends at Philips from 1989 never left the organisation and retired to the same home he had when I first met him.
I always wanted to avoid that. Im a self taught and I realize the amount of effort requires to get into a big tech tends to lead to the gunner types (which doesnt vibe with my personality). When they become startup founders they lack real ideas, thats why they all end up pitching VC the 20th iteration of "uber for pets". Big tech is made of a few types: 1. Super genius, there to work on super valuable problems and grab big checks. Usually super low key and not really flashy. 2. Gunner opportunists 3. The ones that lucked into position or networked
Wow, this was actually really accurate, good job mate! And yes, you are 100% spot on, what "Rockstars" (or just good old nerds) want is primarily to build cool things with cool people. Money is a small part of the equation. The companies that can cater to those people and build teams with them are the next Google's.
Burn out, toxic management, unrealistic expectation, office politics and lack cooperation between teams and department, that compete against each others to survive, just name a few with big tech. No matter how good you are, that you can never realised your full potential.
As an ITsec analyst at a well-known large company (ill leave name out) I can confirm your assessment of recuiters handing out offers to select groups of specialists. I also turned down an offer that was 20k annually more than my current role becasue i wanted to avoid politics and not wanting to commute
It was always clear that the working pool behind YouselessTube for the last 5'ish years was a cesspit. But it is nice to know what to call them all now.
Bro big tech has scarred the engineering job seekers for the next decade. After the massive 2023 layoffs no one is even willing to touch big tech with a 10 ft pole .
Same thing can be said about the military officers (mainly air force and navy). Many leave because they know their skills and are being payed well by private companies.
This is exactly what i did. Worked in big tech long enough to be financial independent. Then took a job with better work life balance that I was more interested in doing
Big tech will always be big tech, it will always attract talent. They still work on interesting projects and pay well. You've really oversimplified it. But you are on to sth with respect to the patterns of how people see it as means to an end, and how ambitious people see it as a stepping stone. But still, a lot of talented people stay put in big tech or try to get into big tech.
This explains why most bug tech software is so piss poor and half baked. You can tell that most of the products were built in like 6 months, and have just been slowely patched for decades now only when theres some pressure for some specific feature. Theres no motivation for real innovation and improvements on most products.
Trust me when I say the motivation for innovation is there… but it’s juxtaposed to middle managements targets. They’re incentivized to make decisions that are detrimental to the creation of a solid product.
It was attractive when they started since the early developers had a chance to get amazing return for their time working at those startups. Now they are no longer startups but there are new startups that can have even more potential.
Think this is similar to cybersecurity … I am consider my own move working for a big company feel like more and more guys know less and less and I am fixing all the issues due to others selling our work wrongly or team members I am working with has no skills outside of multiple certifications that shows hr them in … vs actually having skills
I know only 5 decent techs that work for big tech companies, and none of them are in the top 100 national rank of their forte field. Generally, only very young kids that like bean bags, pool tables, and ping pong tennis tables for perks work there, with the exception of their top techs, who are quite well compensated and have their own offices should they desire to even come in to the office. Experienced, expert techs don’t go to work to play games or sit on bean bags; they go to work, get things done, then go home to work on their own agenda, like family, their own code projects, etc. All of these companies have offered me jobs over the years and all of them rely on their trademark name to put them over others with names like Bank of America, USAA, AIG, etc., who pay much better and offer a much more professional work environment than the bean bag millennial playground.
I see this take more from someone who is still maturing, who thinks their identity is somehow mapped directly to the company they work for. As an e.g.: Big tech is where people who want to maximize prestige (and other vanity metrics in life) would go, but previously it was said People would rather work in ChatGPT than in Bard. Aren't they the same people? The more matured engineers know not to mix your identity with the company or product that pays the bills. You go do you outside the company you work for, and then do what is needed of you inside the company. Whatever has the potential to make you more money and you don't hate working on, is fine as the work you do for basic survival needs. Be it at Big Tech or Startup.
Used to be many wanted to join big tech, but many that I know are put off by the format of trying to get into big tech. The interview process is ridiculous and doesn’t necessarily get the best talent. Many don’t want to go through the multiple rounds of interviews, being asked to code sortation that some haven’t done since college, etc. Also Big Tech practices ageism and lacks hiring people with many years of experience.
Honest playing politics is pretty normal the higher the level you are in the company. You’ll need it to grow within the company. You’ll need to sell yourself when switching companies and when getting promoted. Those issues are not entirely new at all. The only concern you should have is whether employees care about the product they build, which you can filter for in the interview. Especially nowadays companies can take their time hiring the right people instead of over hiring.
By the last form of opportunists you are ref. to the bootcampers who jump to IT because of a big salary meanwhile you are in the office "drinking Starbucks fancy frappes".
This video is funny it says people want to move to startups to seek career growth but then in next chapter it says people are opportunist for seeking career growth at a big tech company. Its like literally the same thing but the commentary just paints it differently to sell you an idea.
Just want to say that I do not think it is not worth mourning for large companies. If anything, mourn for the time that our relationship with technology served us, not it and its beneficiaries.
I don't agree with a lot of the claims in the first 2/3 or so of this video. Being a quant isn't dull or monotonous exactly. I would say it's more intellectually challenging than a lot of standard Big Tech roles. The drawback is that at the end of the day you aren't really building anything or doing something meaningful to society, unless you consider making markets more efficient a virtue in itself. I don't doubt the best of the best want to focus on AI, especially if it's a role with a lot of upside, but the bar for doing truly meaningful AI work is quite high. The narrative about people playing big tech offers off each other and aggressive recruiters was accurate in 2021 but I think is less so today. Now it's more hiring freezes and layoffs. You see some people making moves but many are just staying put.
![ประสบการณ์ จ้าง Developer ที่ผมจะไม่มีวันลืม [ภาค1]](http://i.ytimg.com/vi/bzivN4KDg-k/mqdefault.jpg)
Speaking as someone who has worked for a tech giant for the past 7 years: Another big reason why people are leaving these companies is because we aren't treated well. Compensation and perks are fine, but not if we can be laid off at any time by our great-great-grandmanagers whom we've never met outside of seeing them on stage in an auditorium and who refuse to take questions about what decisions led to layoffs being necessary or whether or not they expect they'll need to do more layoffs in the future.
People move to startups because at a startup, we are not only in control of our own product, but also because we're closer to the decisions that lead to the success or failure of the company as a whole, and because the people who make those decisions know more about us than just rows on a spreadsheet.
It's great that small companies don't lay off people on Friday nights, right? The horrors of the big companies that you listed in the small companies also exist. Probably with the exception of high salaries and bonuses.
Startups will lay you off at a moment’s notice if they have to.
I see the fact that the big tech is collapsing under its own weight as a good thing. The market needs competition of small companies filled with passionate individuals, not an oligopoly of giant bureaucratic entities whose members mostly don’t give a damn about technology.
Stop yapping
@@oscard9429 you stop yappin
But it isn’t collapsing though, they just keep getting bigger
@@AschKrisYeah successful startups just get bought up and absorbed into the main big tech companies. The guy in the video kept bringing up Open AI like they aren't owned by one of the biggest tech companies on the planet.
It's not like they have the money to spread disinformation You know like they don't want to be considered a monopoly Or something
If the company doesn’t care about you. You shouldn’t care about your company. Use them. Because they’re definitely using you.
and they will definitely dispose of you like trash.
Many companies are like that. The problem is if/when we expect them to be our friends or like our family. That's not what the workplace is for
Do the job you agreed to do & get paid what they agreed to pay. Simple
@@AkeruZikoraSo basically just do the job expectations and nothing else even when they expect more than the listed job expectations? Smart thinking and common knowledge
Yeah. Keep doing just the minimum. And wonder why people who put in more effort keep pulling ahead.
@@codycast I must respectfully respond to this one. I never said to do the minimum. If you think going above and beyond working as an employee will get you ahead then you are already behind.those getting ahead aren’t doing it by being corporate lackeys or wage slaves. They’re doing it by going above and beyond on their own personal business ventures. Those getting ahead in my circle are specifically those that ARENT burning themselves out doing extra at work. They do what they are paid for at work, nothing more. Nothing less. With the energy saved they work on expanding their business ventures and getting ahead. Ultimately Working as an employee is nothing but a transaction. A company exchanges a set amount of money for an expected amount of time and results. Why would anyone do beyond what is required for free? Time is valuable. Get paid for it. If they expect more. Then they should pay more.
This is a rude awakening caused by the Big Tech entities. They romanced talented people, but through ruthless data-driven and optimization efforts, have caused the tech sector to be an unstable nightmare to work in. If people don't feel they can count on a company to provide them a sane work environment and stability, they will go to places where they can get it.
They are not getting it anywhere in today's world. Big Tech has definitely overpaid their employees and treated them like royalties (at least in USA). That's why the smartest people go there. Smart people don't make irrational decisions.
I'm not sure if that's what he meant. Besides, this is applicable to any business, not just big tech
All that matters is the share price and people believing they aren't monopolies
No company will provide it. They are formed to extract money. You as employee is just a mean to make money.
@@AkeruZikoraany private business*
Big tech has pivoted from innovation to rent seeking.
Nailed it
When did this pivot take place? 2009?
Why the F would big tech have trouble hiring, when they're the ones that lay off the most every year? I don't get it.
My friend from amazon in EU told me. They fired a lot of engeneers and month after that hired most of them back (most ex employees got offer, many refused). Big tech layoffs is cutting really shit projects, but mostly is game with investors like "year market is bad, but we doing something, see how we fired some employees". Its eu situation, may me Silicon Valley its different.
@user-vo9wd6tx6c collectively yes. probably. But within the company, these are decisions made by, supposedly, rational people. Workforce management is not a market process. Like, does it not contribute to the bottomline by becoming efficiently managing manpower?
@@БеловБорис-у4щ I see. so playing around with investor sentiment. It's not a matter of efficiency at all. that's so weird.
It's covered by the video. They end up hiring many opportunists instead of true engineers, so they need to clean the house and recruit again. The trouble is with quality, not quantity.
@@timkim7 in that case, how loose is their recruiting process that they end up hiring "not true engineers"? It's still seems so wasteful.
As someone in one of these roles, I can assure you that fixing bug #2001 is not the daily work of higher level software engineers. Honestly, if that was the daily work, that might actually be more fun. The reality is that you're in 12 hours of meetings in an 8 hour timespan, since any top contributer will immediately get noticed by their manager and turned into a leadership role, where your technical designs become political negotiations. You'll be lucky to open your IDE once per week in an L7+ role. Spending hours of your life convincing some TPM to remove an unnecessary requirement, only to have them flip back the very next day. Most good software engineers entered the career because solving problems is fun, not to play office politics at a trillion dollar conglomerate.
@@boumajohndoers and fixers, but not pointers.👌🏼
Hello! What advice would you give on how to become one of these "superstars" the video mentions? Thank you.
You should give yourself more credit, daily manipulation of the space time continuum is impressive.
This is a down to earth dissection of how institutions and companies rot from the inside.
It's the old pitfall of "when a metric becomes a target"
@@The_Conspiracy_Analyst Indeed big tech hiring is broken. The white board challenges and system design interviews are far removed from real engineering.
Many decades ago, IBM was identified as the primary tech company. When recruiters were scouring college campuses for the best and brightest, a key sales pitch was "We're not like IBM."
Honestly, as a professional software developer, I don't see the point of working for big tech.
Hahaha
I'm early in my career, and it seems like a step up from my small non-tech company that gives loads of money while boosting your resume.
@@TheGameMakeGuy As pointed out in the video, it's just not there like it once was. On top of that it's fucking infuriating working for FAANG companies. They've all reached such a high level of saturation that your job ends up being chasing fractions of a fraction of a percent increase in efficiency, user retention, etc. It's just boring bullshit. Working a tier or two down from FAANG on fun up and coming industries is far more worthwhile.
Same. Soul draining
@@TheGameMakeGuy Think about it like this: You're a footballer (aka Soccer player) at your prime and you're in great condition. Would you rather go to Saudi Arabia and trade your personal freedom and fade out your name by playing in a mostly unknown team for the money, or move to a big European team to earn less but gain more personal development and prestige? Or even yet, go to a lesser known European team, build up their morale, score their first major tournament and write your name in history?
I love the corporate environment. I'm still a junior with 2 years of experience and I love my job for the sole fact that it is boring. I just go to work, do my job for 8 hours, come back home, take a nap, and then start work on my game hobby project. I may not get the highest pay, I'm paid with industry standard, not a cent more or less, but the fact that I'm not stressed and I can work on my passion in the free time, and to just be able to think of this job as just a regular one, not being required to do overtime, it keeps me happy.
Good! I’m tired of seeing countless TikTok videos “a day in a life of a tech bro” lmao!
Oh yeah! Like what work do you actually do.
It's all about opening laptop, checking mail, coffee break, talk with colleagues, lunch break, some work, leave for some corporate event, then some fancy snack, etc.
Like what!
@@rajanlad those are usually HR bunnies, not actual tech workers
Lol. You can just skip the videos & spare yourself from the cringe & stress 😂
Lmao I work in big tech and those people are a joke to us
It will be funny when you realize you built your own Tech prison but I'm sure you won't even notice lol
You depicted the 3 catergories very accurately but you forgot the one saving these companies: The immigrants.
I was part of this bucket. Many many engineers get better salaries than they ever would from their own countries, have higher difficulty changing jobs because of visa issues and delays, and are very qualified. This is what saves the big tech today.
Yeah that is kind of part of the "groomed" but I do think he could have mentioned the H1B "hostages" that cant just job hop once they get their opportunity.
There's nothing wrong with securing the bag. As a Software Engineer myself, I am my first priority not the company
Software Engineering is easy
Amazing how corporate leaders seem to believe they can expect loyalty while showing none
Corporate leaders are just ran by rich kids whose parents hooked them up with a full ride at a top university. They’re spoiled rich kids. They have little to no empathy for people. They just look at numbers on screens and decide from that. Not as surprising when you realize that
FaceBook has you do a summer camp like thing for Sr Engineers. You go, interview, then you get on a small team and do a project, after that the departments will pick and choose like college football players getting drafted into the pros.
Also, we hate being called "rockstars" "ninjas" or "super stars". We are not children, we are professionals and we know you are pandering.
What did you create a PPT?
We need small tech companies who cares for their work and their employees. 😢
I’m in Big Tech now, looking to jump ship by the end of the year (if I don’t get laid off first). I just have no motivation anymore to do this monotonous incremental work bogged down by bureaucracy. If everything works out as planned, my next job will most likely double my hours worked while cutting my pay, but at least it’ll be for something I’m actually passionate about.
which company are you at! Are you on the product side or SWE?
SWE, would rather not specify my employer but it’s in FAANG
and what will you be doing next? if you don mind sharing@@Castal-xo1yz
It is not a bad choice, the entire attraction of big tech is the job security associated with working in a too big to fail company, but that went out the window when they started laying off. Now you can be in a company where you have more control of what happens.
Tech is its own worst enemy. Not offering junior roles to train up younger talent, leetcode (the WORST way to gauge a software developers skills), 4+ rounds of interviews for a single job....the list goes on and on.
I am a machine learning engineer for Boeing and i love my job. I was self taught so it hits different for me to be there.
You should fix your plans
Indian i presume?
plans?@@tuckerbugeater
@@lv1543 nope just an average white guy. Worked at Chuck E cheese five years ago
Please make video on HCA healthcare and also how hospitals make huge profits in the usa
Thanks for the suggestion Abdulaha
Hospitals don't even hold a candle to US private insurance. Even the largest hospital systems are like one percent the size of the major US health insurers. If you want to see how a monopoly/oligopoly works, look at US health insurance. Many, many problems in US healthcare have roots in the fact that health insurers basically operate like a cartel: they don't compete on price, they use their market power and anticompetitive measures to crush competition, they engage in de facto price fixing and other extractive business practices, and they use their giant size to lobby for whatever handout they want from Congress. The big three insurers have been described as being more powerful and more frightening to congressmen than the oil lobby.
Past generations in the US really leaned into privatized health insurance, with citizens and businesses thinking it would give them more control and more choice than a nationalized system (ie, if I don't like this health insurance plan, I am going to shop around or go to your competitor). Sadly, we wrongfully allowed a bunch of mergers and acquisitions such that only Aetna, Cigna, and United remain, and at this point, it is totally impossible for competitors to enter the market. The regulations and market conditions have come together in such a way that everything has hardened into catering to what Aetna/Cigna/UHG want... and that's it.
So, if you don't like your health insurance plan, that's too bad, because their competitor is doing the exact same things and charging the same prices. And good luck switching, because unless you're a business, you typically can't actually chose another provide. Like any oligopoly, the three companies in the cartel are all doing the same things, and have little distinguishing them from one another.
So we don't actually have any choice in the matter, there is no competition and no market discipline from customers, providers, or pharmaceutical manufacturers. It causes so many headaches at a macro scale, because they can just wring blood from a stone, engage in rent-seeking, and extract higher and higher prices while offering nothing in return.
Also universities, family courts and domestic violence shelters.
people filled lucrative positions not out of necessity; but to keep them from starting something else- or working for someone else. They have been let go; they don't believe it's possible for you to ever rise above them.
I used to work for google for a 6 figure salary but living near work was so expensive.
Moved overseas to Malaysia working remotely for a smaller company for 80k now. I am much more happier with way lower living costs and stress.
Are you from USA?
As a dev the last company I'd work for is one of the big tech ones. There are so many reasons.
100% true! I had offers from Amazon, Meta, Google many times but never joined. Lots of office politics from skill-mimatched people in power combined with a low scope of work is a problem. My recommendation is to specialize in something and join a smaller company with a better scope of work and ownership and low politics. Doing a startup or consulting are other good options.
Why were you interviewing with them so many times?
@@pb25193 It was on different years (once you reject an offer, you can change your mind within a year) for different levels and different teams (not always). They were all genuine efforts when I was planning to switch my job. I still recommend interviewing at those companies as you will know your market rate and level at that time. You might get a genuinely great project and team. For me, other companies provided more meaningful offers and jobs. FAANG still focuses too much on generalists (for scaling the company) and doesn't know how to use specialists (small companies do this well).
It was on different years (once you reject an offer, you can change your mind within a year) for different levels and different teams (not always). They were all genuine efforts when I was planning to switch my job. I still recommend interviewing at those companies as you will know your market rate and level at that time. You might get a genuinely great project and team. For me, other companies provided more meaningful offers and jobs. Big Tech still focuses too much on generalists (for scaling the company) and doesn't know how to use specialists (small companies do this well).
Logically Answered always uploads the best content!!
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By brain drain, I thought I meant how big tech makes us stupid as we are spending more time staring at the screens instead of actually thinking
lol I could tell in the first minute that these incredibly logical people know that there's no loyalty from these companies, and that they don't owe it in the first place. And then the companies act "baffled" and "confused" as to why they're being used like this.
9:08 I am an Asian from HK. You have a good observation. Many Asian parents “force” their children to be “successful”.
I am not the groomed. I didn’t study that much (at all) when I was in high school.
However I luckily I end up “OK”, graduated from the top 5 engineering school with MSEE working in the Semiconductor “Fab” which was a very bad/horrible career choice.
It is another story! I always regretted I did not go for Software engineering since I truly like programming.
If I were a programmer, I would find all kind of problems as my current career I am sure!
I really like your content. Thanks for sharing.
I'm curious why working at the Semiconductor Fab was a terrible career. Are you constantly required to do overtime? Does the boss expect you to pull off miracles every other week?
This is great, but a caution for the slammers: Strive to be greater than them, don't repeat the same mistake with your start-up or work.
It's more often that we repeat pattern we learned, esp. after graduating from big companies.
EDIT: I forgot to add that usually big companies purchases small promising company.
Love your vids bro keep uploading
Thanks Humza!
Your analysis can apply to other disciplines. Very good work!
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Great video as always
Thank you as always Balpreet!
Startups are the future. Motivated, talented people from all around the world.
Great video, keep covering these topics 🙌🏻
Thanks man, will do!
When I joined Philips in the UK 30 years ago, they had employee support in place to help you buy a home, securing you in the location. With outrageous cost of homes now, that's not an option. So of course employees are mobile. One of my friends at Philips from 1989 never left the organisation and retired to the same home he had when I first met him.
I always wanted to avoid that. Im a self taught and I realize the amount of effort requires to get into a big tech tends to lead to the gunner types (which doesnt vibe with my personality). When they become startup founders they lack real ideas, thats why they all end up pitching VC the 20th iteration of "uber for pets".
Big tech is made of a few types:
1. Super genius, there to work on super valuable problems and grab big checks. Usually super low key and not really flashy.
2. Gunner opportunists
3. The ones that lucked into position or networked
Wow, this was actually really accurate, good job mate! And yes, you are 100% spot on, what "Rockstars" (or just good old nerds) want is primarily to build cool things with cool people. Money is a small part of the equation. The companies that can cater to those people and build teams with them are the next Google's.
Burn out, toxic management, unrealistic expectation, office politics and lack cooperation between teams and department, that compete against each others to survive, just name a few with big tech. No matter how good you are, that you can never realised your full potential.
As an ITsec analyst at a well-known large company (ill leave name out) I can confirm your assessment of recuiters handing out offers to select groups of specialists.
I also turned down an offer that was 20k annually more than my current role becasue i wanted to avoid politics and not wanting to commute
It was always clear that the working pool behind YouselessTube for the last 5'ish years was a cesspit.
But it is nice to know what to call them all now.
L6 or L7 means you aren’t a Software Developer anymore one is by then a manager.
You hit the nail on the head with this video
Bro big tech has scarred the engineering job seekers for the next decade. After the massive 2023 layoffs no one is even willing to touch big tech with a 10 ft pole .
Hahaha, we’ll see
awesome video, nobody, literally nobody on earth has such close to ground insights.
Same thing can be said about the military officers (mainly air force and navy). Many leave because they know their skills and are being payed well by private companies.
This is exactly what i did. Worked in big tech long enough to be financial independent. Then took a job with better work life balance that I was more interested in doing
Working for bog tech would make me feel dirty.
Big tech will always be big tech, it will always attract talent. They still work on interesting projects and pay well. You've really oversimplified it. But you are on to sth with respect to the patterns of how people see it as means to an end, and how ambitious people see it as a stepping stone. But still, a lot of talented people stay put in big tech or try to get into big tech.
Nailed it!
Bro, your videos are so well done
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Is the audio track not in sync with the video, or is it just me?
I bet you could work at Big Tech as a video producer or similar. You've certainly got the resume.
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He already works at TH-cam, just without job security or benefits
@@pb25193 True!
This explains why most bug tech software is so piss poor and half baked.
You can tell that most of the products were built in like 6 months, and have just been slowely patched for decades now only when theres some pressure for some specific feature. Theres no motivation for real innovation and improvements on most products.
Trust me when I say the motivation for innovation is there… but it’s juxtaposed to middle managements targets. They’re incentivized to make decisions that are detrimental to the creation of a solid product.
I’ve learned to steer clear of corporate companies for any job. They are ruthless and treat their employees like crap.
It's interesting how big tech is simultaneously laying off a bunch of people while getting rejected by a bunch of people
It was attractive when they started since the early developers had a chance to get amazing return for their time working at those startups. Now they are no longer startups but there are new startups that can have even more potential.
Well, that and all the layoffs.
Nothing wrong with pursuing a passion. Life's too short to just work on someone else's dream.
These companies should split.
Don't worry, their diversity directors are well paid and will definitely carry these companies.
Why the hell is Netflix in Fang? Isn’t that nvidia?
Oh nvm I get it now. Lost sight of what Netflix pioneered.
I see Google and MS to be next IBM, CTS and Infosys
Great take! Thanks.
8:51, why are you dissing me?
We are heading towards a wake up call when it comes to jobs/employment. Many missed the big picture and it will start to show the coming years.
The video background music is annoying. please change
Well... with current high interest rates I don't think you will have much choice.
i would rather live in a tree stump and eat bugs than work at a company whose biggest problems were solved 10 years ago
@@stuartcarter4139 Lmfao the Hakuna Matata description took me out
@@notanotherone5564?
Good video. You did miss the DEI group which is a poison to any company.
When corps treat employees as disposable, the feeling becomes mutual. And their wages are decreasing also, driving down demand
Think this is similar to cybersecurity … I am consider my own move working for a big company feel like more and more guys know less and less and I am fixing all the issues due to others selling our work wrongly or team members I am working with has no skills outside of multiple certifications that shows hr them in … vs actually having skills
satya nadela , sundar pichai are both in last category individual
"If the superstars aren't joining, then who is?"
Diversity hires
I know only 5 decent techs that work for big tech companies, and none of them are in the top 100 national rank of their forte field. Generally, only very young kids that like bean bags, pool tables, and ping pong tennis tables for perks work there, with the exception of their top techs, who are quite well compensated and have their own offices should they desire to even come in to the office. Experienced, expert techs don’t go to work to play games or sit on bean bags; they go to work, get things done, then go home to work on their own agenda, like family, their own code projects, etc. All of these companies have offered me jobs over the years and all of them rely on their trademark name to put them over others with names like Bank of America, USAA, AIG, etc., who pay much better and offer a much more professional work environment than the bean bag millennial playground.
If you're smart enough to work for Facebook, you're too smart to work for Facebook
I see this take more from someone who is still maturing, who thinks their identity is somehow mapped directly to the company they work for.
As an e.g.:
Big tech is where people who want to maximize prestige (and other vanity metrics in life) would go, but previously it was said People would rather work in ChatGPT than in Bard. Aren't they the same people?
The more matured engineers know not to mix your identity with the company or product that pays the bills. You go do you outside the company you work for, and then do what is needed of you inside the company.
Whatever has the potential to make you more money and you don't hate working on, is fine as the work you do for basic survival needs. Be it at Big Tech or Startup.
hi would be someone so kind and let me know what movies were the scenes from in this video, please? Thank you.
Bro really regrets not taking computer science in college😂( just kidding)
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Working in big tech certainly offers some credibility but so does making cool stuff
Used to be many wanted to join big tech, but many that I know are put off by the format of trying to get into big tech. The interview process is ridiculous and doesn’t necessarily get the best talent. Many don’t want to go through the multiple rounds of interviews, being asked to code sortation that some haven’t done since college, etc. Also Big Tech practices ageism and lacks hiring people with many years of experience.
Honest playing politics is pretty normal the higher the level you are in the company. You’ll need it to grow within the company. You’ll need to sell yourself when switching companies and when getting promoted. Those issues are not entirely new at all. The only concern you should have is whether employees care about the product they build, which you can filter for in the interview. Especially nowadays companies can take their time hiring the right people instead of over hiring.
All I can expect now is for the terminal enshitification stage of big tech and the buckling of today's enshiternet they've built.
By the last form of opportunists you are ref. to the bootcampers who jump to IT because of a big salary meanwhile you are in the office "drinking Starbucks fancy frappes".
5.03
...targeting think.. That would be ..targeting things? A keying error in the text, which a human reader would correct?
"Those who build tall houses, don't live in them" - Old saying
Bro companies are always a means to an end I'm not deriving meaning out of my job. I'm only there cuz they pay me.
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This video is funny it says people want to move to startups to seek career growth but then in next chapter it says people are opportunist for seeking career growth at a big tech company. Its like literally the same thing but the commentary just paints it differently to sell you an idea.
A look at blind posts will reveal that the info in this video is mostly not correct about what tech engineers want.
please turn down the music compared to the voice... i thought im watching a music video :)
Hey hey take it easy on “quant engineers” we aren’t all that shallow. It’s actually interesting work.
GOOD One bruh 💯💯🤣🤣
love the last 3 mins
No matter how much they pay you, it will never be enough to buy back your soul.
Just want to say that I do not think it is not worth mourning for large companies. If anything, mourn for the time that our relationship with technology served us, not it and its beneficiaries.
I don't agree with a lot of the claims in the first 2/3 or so of this video.
Being a quant isn't dull or monotonous exactly. I would say it's more intellectually challenging than a lot of standard Big Tech roles. The drawback is that at the end of the day you aren't really building anything or doing something meaningful to society, unless you consider making markets more efficient a virtue in itself.
I don't doubt the best of the best want to focus on AI, especially if it's a role with a lot of upside, but the bar for doing truly meaningful AI work is quite high.
The narrative about people playing big tech offers off each other and aggressive recruiters was accurate in 2021 but I think is less so today. Now it's more hiring freezes and layoffs. You see some people making moves but many are just staying put.
This is great news. NO monopoly of brains for these horrible companies
It's a little distracting that the audio's out of sync with the video. 😵💫 It's giving me uncanny valley.
Oops, appreciate the feedback man
Well i guess we all have same thoughts after all 😮
I would hardly call a quants job monotonous
There is nothing about their job that is repetitive other than the fact they have to write code
So many parallels to the biological aging process, this decay that happens to companies and countries