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[quote=Anonymous][quote=Anonymous][quote=Anonymous]My 2024:CS grad was hired out of school with a salary of approx 180k.  He knows he may get fired.  He is saving all he can right now and will figure out next steps when he needs to.  Seems silly to not make the most of the current situation.[/quote]

I guess therein lies the question.  If you know it's a declining field, why go into it?  Totally understand the "redefining need" comment but redefining means fully rescoping how many kids are going into the field in the first place.  Anyway, guess when kids run into the unemployment wall, then it'll be the wake up call.  Hopefully, kids have a back up plan that works out.

To the tech worker poster who identified the IBM article.  Follow up on that and you'll how the number of jobs in the US compare to the number of job postings in India.  So sure, if your kid wants to move to India and tries to apply from here, no problem!  But whatever, live under the rock that you're accustomed to living under.  [/quote]
The jobs in India are mostly low level, and this has been happening for decades.

I'm that PP and have worked in tech for 20+ years in Silicon Valley.  Have you ever worked in the tech field? For how long?

And my kid had 5 internship offers for the summer.  The one they chose is paying them $96/hour with 20K signing bonus.  I realize they aren't the norm, but even their friends who aren't getting these top CS internships are getting internships that pay $60hour.

Are there layoffs, yes.  As stated, the landscape is changing and younger people are in a better position to pivot than older workers.

When I started out in tech I picked a hot field for that time and was able to make a lot.  That field is now dying and being replaced by new tech.  That's how the tech industry works.[/quote]

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