5GRNO
January 18, 2023, 10:31am
1
Hi All.
Since last few months, many companies portraying recession crsises.
But as far as we see, there is a shortage in resources everywhere and in Telecom, ICT and other fields.
And companies are unable to hire good resources due to unavailability.
What is the actual fact? Anyone can explain?
We are still not in recession.
Most companies are anticipating recession and taking pre-emptive actions.
Expect recession in Q2/Q3 of 2023.
Companies will be forced to cut jobs in recession.
People who were not working in 2008/2009 may not properly understand the gravity of the situation.
5GRNO:
But as far as we see, there is a shortage in resources everywhere and in Telecom, ICT and other fields.
And companies are unable to hire good resources due to unavailability.
It is not like this.
10-15 years ago I used to receive 5-6 emails per days with job offers. Nowadays I get maybe one offer per month! Very few job offers.
Also profile of jobs changed a lot. Nowadays they want a guru for every job offer, something like 10-15 years ago 3 people were doing now they want it done by one single guy.
2 Likes
ali2
January 18, 2023, 10:34am
4
You are absolutely right.
1 Like
And after 5 years Zero Guy. (All AI Based )
Don’t be so sure AI will do all the job.
3 years ago Huawei said that in 2 years all their network will work fully on SON.
Time passed and they are not yet there.
But I agree this is the trend: automatization in everything.
There is certainly Job cuts, hope there is new ways to recover… in my opinion there is chances for recession in telecom >
What is happening since few years ago is that optimization is not parameter related like back in 2010 (handover parameters, timers, thresholds… not it’s better to relay on SON, AMO, ANR, etc for this kind of optimization)… now is every vendor to develop their features, and is the consultant that needs to know and understand the feature description per vendor so you con advice your clients about whats the road map and strategy to follow… time changes and every one of us needs to change with it.
There will always be RF consultancy jobs
Even AI gets more and more commercial.
1 Like
Time changes everything indeed.
There are now less than 10% of the RF jobs that were on the market in the year 2002-2004.
You may not know but an RF engineer was paid with over 1000 usd per day during those years.
Today if he makes 300 per day he is happy.
AlexB
January 18, 2023, 6:07pm
10
It has already begin…
Microsoft Joins Wave of Tech Layoffs as Slowdown Spreads
Microsoft Joins Wave of Tech Layoffs as Slowdown Spreads
Silf
January 26, 2023, 10:20am
12
23.06.2022 Netflix - 300 - Netflix Layoffs Continue as 300 More Employees Are Fired - Variety
01.07.2022 Parallel Wireless 500 - Telecom gear firm Parallel Wireless lays off 500 employees including in India | Business Insider India
26.07.2022 Shopify 1,000 - Shopify Laying Off 1,000 Employees, CEO Says in Memo
31.08.2022 Snap 1,000 - SnapChat Will Lay Off More Than 1,000 Workers
03.11.2022 Stripe 1,100 - Stripe cuts 14% of its workforce, CEO says they 'overhired for the world we're in' | TechCrunch
09.11.2022 Meta 11,000 - Meta Confirms Layoffs—11,000 Jobs Cut At Facebook’s Parent Company
18.11.2022 Carvana 1,500 - https://www.cnbc.com/2022/11/18/carvana-to-lay-off-1500-employees-amid-economic-uncertainty-.html
22.12.2022 Tesla 6,000 - Tesla Readying To Cut Jobs And Freeze Hiring | Carscoops
04.01.2023 Salesforce 7,000 - Salesforce to cut 10% of workforce after hiring "too many people" | Reuters
05.01.2023 Amazon 18,000 - Amazon to axe 18,000 jobs as it cuts costs - BBC News
10.01.2023 Coinbase 2,000 - https://www.cnbc.com/2023/01/10/coinbase-to-slash-20percent-of-workforce-in-second-major-round-of-job-cuts.html
18.01.2023 Microsoft - Microsoft announces big layoffs that will affect 10,000 employees - The Verge
19.01.2023 Twitter 3,700 - Twitter Layoffs: More Job Cuts Likely, Employee Count May Slip Below 2000, Says Report
20.01.2023 Google 12,000 - Google parent Alphabet to cut 12,000 jobs - BBC News
25.01.2023 IBM 3,900 - IBM cuts 3,900 jobs, misses annual cash target | Reuters
06.02.2023 DELL 6,650 - https://www.cnbc.com/2023/02/06/dell-to-lay-off-6650-workers-or-5percent-of-its-workforce.html
08.02.2023 DISNEY 7,000 - https://www.cnbc.com/2023/02/08/disney-reorganization.html
09.02.2023 YAHOO 1,600 - https://www.cnbc.com/2023/02/09/yahoo-will-lay-off-nearly-1000-employees-by-end-of-2023.html
20.02.2023 ERICSSON 1,400 - Ericsson to cut 1,400 jobs in Sweden | Reuters
After recent explosive growth in Big Techs, employees (and companies) are now with challenges:
Overhired for the “World we’re in”
Interest rates (high) and stock prices (down)
Investor pressure
Competition and privacy
Some companies has doubled the number of people they employed.
IA coming to replace them.
As a result, companies are firing!
Has the Bubble Burst? Are Big Tech in trouble?
Or - my opinion: Companies think that salaries are too high, inflated, and with that, they will manage to level down?
RFGirl
May 30, 2023, 3:23am
16
Vodafone to cut 11,000 jobs as new boss says firm ‘not good enough’
Too much investment in 5G with almost no extra revenue. The bill has finally come…
Industrial 5G use hasn’t been as much as expected.
Sometimes I do not understand MNOs.
Users are willing to pay for QoS like 50 USD per month (for example a guaranteed 10 Mbps everywhere anytime).
But MNO do not offer this yet they offer unlimited data with Gbpsec for 5 USD per month.
Something is NOK in this business model.
Especially companies need 10 Mbpsec anywhere anytime and are willing to pay for this. Yet this is not on offer.
I think this is because no one can guarantee that you would get 10 Mbps (For example) anytime anywhere, even though this is done through GBR QoS.
For example, at cell edge, at crowded places it not possible to maintain Qos for every user (Who paid for).
Hence no money.
And MNO live on ARPU of 10 USD per month.
Thats true.
Forget about revenue, but Indian operator failed to get expected congestion relief on 4G.
Did you ever thought why do we have to discuss about why there has to be a cell edge in the city?
I would expect RSRP better than -110 dBm everywhere with enough cells.
It is the same issue since 20 years ago: not enough sites and layers.
RAN did not get enough investment over the years. There is so much SON yet we are not able to predict well enough traffic and to adjust network settings in real time.
Not only about RSRP but SINR as well.
With too much cells difficult to maintain quality.
This is an example of 5G experience: