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Also, the big company jobs are only a portion of the tech jobs many of which are in unglamorous companies and government agencies outside the tech area and need the workers to keep them running.
In the current round of layoffs, the estimates of jobs lost range from 175,000 to 225,000 on a much bigger base.
And 225,000 layoffs are only 4.3 per cent of the total US tech jobs which Statista puts at 5.2 million.
Of the total tech sector layoffs only a fraction of them will be Indian H1B workers - it is impossible that all of the layoffs will be of them.
However, the biggest threat to the estimated 400,000 Indians on the temporary H1B work visas is from the Green Card<\/a> backlog that Congress has been unable to resolve.
The wait time for Green Cards, the permanent resident status, based on employment stretches to an impossible 90 years for Indians and the latest attempt to find a legislative solution died in the last Congress session despite having support across party lines and from President Joe Biden<\/a>.
A Carnegie Endowment survey showed that 36 per cent of the 400,000 H1B visa holders have already been on the visa for 10 years.
This puts them in limbo, making them vulnerable to not just the headline-making layoffs but the everyday ones that occur throughout the year in small numbers, while their children reach adulthood and lose their visa status.
The history of massive layoffs shows a cyclical pattern because of financial compulsions, business reorganisation and changes in technology.
The last massive retrenchment was during the Great Recession of 2009 that saw 174,000 jobs disappear, and before that during the 2001 Dotcom Bust, 695,581 workers were laid off, according to data from sources tracking the tech sector employment picture.
There are currently an estimated 400,000 Indians in the US on H1B visas, so only a fraction of them will be affected when contrasted against the overall numbers - it is an impossibility that all the layoffs are of Indians on the temporary work visas.
IBM<\/a>, which announced the elimination of 3,900 jobs on Wednesday had laid off nearly 10,000 workers in 2009.
Microsoft<\/a> cut 14,000 jobs in 2014 and in 2009 announced plans to eliminate 5,000 positions, while the current round is for 10,000 jobs after having hired about 75,000 people in the last three years.
Even Google<\/a> laid off at least 340 workers in 2009.
The 2009 layoffs were due to causes beyond the tech sector resulting from financial industry meltdowns and the housing sector bust that bled into technology.
The 2001 job cuts were because of the overvaluation of the tech sector and the realisation that it could not live up to the hyped-up promises.
The factors behind the current layoffs are a combination of the two -- the effect of the economic downturn that can be ascribed to the Covid fallout, the inflation, the higher interest rates and even the collateral effects of the Ukraine war, and to the overbuilding in the tech sector in the last two years on what turned out to be a temporary phase.
Shares of Alphabet, the Google company now, were down 39 per cent last year, Microsoft shares lost 33 per cent, and Meta<\/a>, the Facebook company, lost about 70 per cent of its value.
Such bloodletting of jobs will happen again because of the US business that is driven by pressures to show financial results in the short term as well as the changes in technology and demand.
Another perspective on the current layoffs is that technology employment is not confined to the tech giants grabbing sky-is-falling headlines.
A larger number of technology workers are employed by banks, insurers, telecom companies, retailers, health service providers, manufacturers, government departments and agencies right down to municipalities, and so many others.
These have not seen similar cuts of technology workers.
In fact, Indian technology outsourcing companies like Infosys and Tata Consultancy<\/a> that provide workers on contract to a range of US companies have slowed hiring, but not announced massive layoffs.
Tech sector managers that IANS spoke to said that there are lots of jobs open for technology workers outside of the big tech companies - these are positions in the technology operations that gird the companies far removed from pure technology.
They lack the glamour of the companies like Alphabet (Google), Microsoft and Meta with very high salaries - the median salary at Alphabet and Meta was over $290,000 last year - and perks like free gourmet food and even laundry service that Meta recently ended.
But the tech jobs elsewhere pay fairly well, between $85,000 to over $200,000 depending on the skills, the managers said.
The availability of certain types of tech jobs was also reported by CNBC quoting a survey by the employment website Indeed.
It found that overall eight of the ten jobs with the best prospects this year were in the tech sector and included positions in areas of cloud computing, site reliability, machine learning and product design areas.
Another issue for job-seekers, they said, was that many of the jobs on offer were contract positions because the companies wanted to have the flexibility to shed jobs without announced layoffs of staff and also to not have to offer perks.
A manager who did a quick sampling of postings for some categories of technology workers said that at the associate level, there were about 5,500 open positions for Java developers, and over 25,000 for programmers.
A manager who started out as a programmer in the 1990s and survived the 2001 and 2009 layoffs unscathed and rose through the ranks successively at a bank, a health insurer and a telecom company said that it was essential for tech workers to constantly upgrade their skills and acquire competency in new technologies.
The only layoff the manager faced was in 2019 when there was a reorganisation in the company that he worked for at that time.
Despite the availability of tech jobs, a problem laid-off workers on H1B visas face is that they have 60 days to find a new position and have the new employer petition for a similar visa for them.
A longer-range threat to technology jobs comes from automation, a manager said citing the quality assurance and testing areas where automated processes have reduced the number of jobs.
But a recession as severe as in 2009 could also impact tech workers as it would all other workers in their companies.
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同时,大公司工作只是一部分科技工作的许多在乏味的企业和政府机构在科技领域和需要的工人让他们运行。
在当前一轮裁员,失业范围的估计,从175000年到225000年在一个更大的基地。
和225000年裁员只是总数的4.3%我们Statista将在520万年科技工作。
科技行业的裁员总数的只有一小部分人会印度H1B工人——这是不可能的,所有的裁员将。
然而,大约400000印第安人的最大威胁的临时H1B签证工作绿卡积压,国会一直无法解决。
绿卡的等待时间,基于就业的永久居民身份,延伸为印第安人和一个不可能的90年的最新尝试找到一个立法解决死在去年国会会议尽管跨越党派界限和总统的支持乔•拜登(Joe Biden)。
卡内基国际和平基金会的一项调查显示,36%的400000年H1B签证持有者的签证已经10年了。
这使得他们在地狱,不仅使他们容易受到头版头条的裁员,但全年日常发生的小数字,而他们的孩子成年后和失去他们的签证状态。
大规模裁员的历史,展示了一个周期性的模式,因为金融强制、业务重组和技术的变化。
最后一次大规模紧缩是在2009年的大萧条,174000个工作岗位消失,和在2001年网络泡沫破灭之前,695581名工人被解雇,根据来源的数据跟踪科技行业就业形势。
目前估计有400000印度人在美国H1B签证,所以只有一小部分会影响相比对整体数据——这是一个不可能,所有的裁员是印第安人的临时工作签证。
IBM周三,宣布消灭了3900个工作岗位在2009年裁员近10000人。
微软裁员14000人在2014年和2009年宣布计划减少5000个职位,在新一轮的10000个工作岗位后雇佣了大约75000人在过去三年。
甚至谷歌在2009年至少有340工人下岗。
2009年裁员是由于科技行业以外的原因造成金融业危机和楼市泡沫破裂,流血成技术。
裁员2001人被高估的科技行业和意识到,它不能达到浩大的承诺。
当前的裁员背后的因素是两者的结合,经济低迷的影响,可以归因于Covid影响,通货膨胀,利率越高甚至乌克兰战争的间接影响,以及过度建设的科技行业在过去的两年里变成了一个临时的阶段。
字母的股票,现在谷歌公司,去年下降了39%,微软股价下跌了33%元Facebook公司损失了70%的价值。
这样放血的工作将再次发生,因为我们业务是由压力显示短期财务业绩以及技术和需求的变化。
另一个角度对当前裁员是技术就业并不局限于科技巨头抓住天要塌了头条新闻。
更多的技术工人受雇于银行、保险公司、电信公司、零售商、卫生服务供应商,制造商、政府部门和机构市,和很多其他人。
这些还没有看到类似的削减的技术工人。
事实上,印度外包公司Infosys和技术塔塔咨询提供合同范围内的员工我们公司招聘放缓,但没有宣布大规模裁员。
科技部门经理药剂喷向说,有很多工作对技术工人开放之外的大型科技公司——这些在技术操作准备的公司远离纯粹的技术。
他们缺乏魅力的公司像字母(谷歌),微软与很高的薪水和元-工资中位数在字母和元去年逾290000美元——和福利甚至免费的美食和洗衣服务元最近结束了。
但在其它地方科技工作支付相当不错,在85000美元到200000美元之间根据技能,经理说。
某些类型的技术的可用性工作也是CNBC报道援引一项调查显示,就业网站。
它发现的八个十今年就业前景最好的技术行业,包括在云计算领域,网站可靠性、机器学习和产品设计领域。
求职者的另一个问题,他们说,是许多工作合同职位,因为公司想要灵活地裁员没有宣布裁员的员工并没有提供津贴。
经理做了一个快速采样的帖子对某些类别的技术工人说,在副级,大约有5500个空缺对于Java开发人员,和超过25000个程序员。
经理一开始作为一个程序员在1990年代和在2001年和2009年裁员毫发无伤地通过排名先后在银行和玫瑰,健康保险公司和电信公司说,这是必不可少的科技工作者不断提高他们的技能和获得新技术的能力。
唯一的裁员经理面临的是在2019年有一个公司的重组,他工作了。
尽管技术的可用性工作,下岗工人H1B签证脸上一个问题是,他们有60天找到一个新位置和新雇主申请类似的签证。
远程的威胁来自自动化技术职位,经理说引用质量保证和测试领域自动化过程减少了工作的数量。
但在2009年经济衰退,其严重程度与技术工人也可以影响所有其他工人在他们的公司。
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