A few comments on the terrible job market and how overly critical the hiring side is on this right now:

A few comments on the terrible job market and how overly critical the hiring side is on this right now:

If the job market changes a lot of companies and some recruiters (probably more on the company side since a lot of recruiters are good at what they do and don't get enough credit) are going to be in big trouble because the people getting the jobs now will be leaving as soon as it turns.

If employers are supposedly so committed to getting the perfect candidates, they should use this time to get rid of the low performers. In reality, there is a lot of waste at companies due to low performers who are generally the reasons why things take way too long or are not accomplished. Additionally, low performers are going to be the most likely to fight dirty and mob more productive employees. Most job advice is centered around catering to the low performers when the ROI here is non-existent or not worth keeping them around. LOW PERFORMERS NEVER WILLFULLY LEAVE BECAUSE THEY HAVE NO OTHER OPTIONS (I am not talking about people who are not top performers but put in effort and seek to understand others, these types are solid performers who can benefit from good management and upskilling, very different story).

In some cases, the people getting the jobs in this environment might be some of the worst candidates for the role due to the fact they might be more willing to throw all integrity out the window to get a job in this environment. To add to this, the ones who don't have integrity issues but were chosen for impeccable backgrounds/ability will not be sticking around if this becomes an employees market again.

AI is not going to help if the job market spins in the other direction (or even stays in this one). The reason for this is that in some fields, the usefulness of AI really is dependent on the ability to validate and test and monitor results. This is a skill that is missing in some fields where it was already vital before AI and AI will make this even more necessary. It is going to be very difficult to teach coaster types how to do this when they have gotten by on self promotion and malignant politicking and have years of mediocre habits at best under their belt (will be even worse for those who are in relatively higher level positions). Again, the low performers excel at fighting dirty and have gotten by on chasing more thorough thinkers away for a very long time.

In some fields, job hopping was common for many years leading up to our current market because these positions were so in demand, anyone would be slammed with requests that offered significant raises or higher level job titles. This is now viewed a lot more unfavorably as if this never happened.

For more seasoned job seekers who have all the experience to train and transform teams (even for AI initiatives), we are seriously considering leaving our fields entirely because we are not in a financial hardship situation and we have no intention of putting up with this bullshit job market. We've saved and invested. We kept up with all the changes, we know more about them and how to implement them than lesser experienced, lesser skilled people, but unfortunately we bought low and sold high and have the capital to exit the workplace completely. I myself am absolutely going to be throwing in the towel if the right thing does not come along in the next few months. It's fine by me if I make more money sitting home and doing nothing but making a few short term trades than leading a team. If they don't want us, they don't need us.

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13 Comments

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  1. Anonymous

    Also, American companies who are doing lay offs but retaining any low performers/visa workers have no room to have any kind of heightened standards for job seekers. Expect a lot of upheaval in your staffing if this turns around in the next year, people will be leaving in droves.

  2. Anonymous

    I wouldn't put my visa employees and low performers in the same category. We absolutely kept our visa employees through layoffs because they are essentially our best employees.

  3. Anonymous

    that's interesting. we are going to have get rid of around twenty visa workers and have been working with a legal team on this. the reason we have to terminate their employment is because they can not do the job they were hired to do (apparently they lied about their skillset) and they are openly practicing the caste system, so we can't have employees who both discriminate and are dishonest and incompetent. this seems to be a big issue that is widely talked about. maybe you don't know how to assess actual performance and enjoy blatant use of the caste system?

  4. Anonymous

    Just because that is your experience, doesn't mean every visa employee is like the ones you hired. Have you considered that you weren't very good at interviewing and vetting them before you hired them? A few well-placed questions can tell if someone has the skills or is blowing smoke, especially in technical roles. I have hired and kept several visa employees when I was working in IT, and they were both well qualified and hard-working. None of them resembled the "caste system" you talk about, and yes, I know when that card is played. I've seen it often with people born here who feel entitled because of the names they can drop. The same can be said for "so-called" DEI hires. I never hired to fill a quota. I hired and promoted based on ability and performance.

  5. Anonymous

    Most of my visa employees are some of my hardest workers (primarily engineers).

  6. Anonymous

    I’m confused by this post. Are you unhappy in your job you’d be willing to join the thousands of other qualified candidates? I’m a former recruiter, there are 10 top people out there just like you. Leave your job you lose investments you then lose the ability to explain to a potential new employer why you walked. Opinions of the job market does not make you more marketable. It taints your ability to get something better after you leave. Point is try to get something better while employed, you’ll look more attractive. Low or high performers are getting work. Former recruiter and I currently have tons of connections within tons of companies. New hires are getting tons of jobs. Mid-levels are leaving for better roles and higher level managers are struggling to find the same level they were.

  7. Anonymous

    I'm just talking about the job market right now in general. I might just decide never to work again because I made enough money to walk away by investing in the stock market (ironically investing in AI companies that are doing very well right now). I was an early adapter in my field and did everything I was supposed to do. Because of that and my financial situation, I'm not really going to tolerate any crap in the job search, so most likely won't find a job again.

    I think employers are playing this all wrong in certain fields and the job seeker is in a terrible spot because of the volume of applicants they are competing with combined with many resumes being crafted dishonestly due to AI's help. My suspicion is that the people getting the jobs are either the people who are willing to lie to get the job, or truly are the top people for the job (in which case, they will get tempting offers when the job market turns around assuming it does).

    I'm also really fascinated by the timing of all of this, because I think by the time the market turns around, companies are going to be pursuing AI more than they are now, so the timing is going to be very misaligned. In some fields, AI is only going to work if there is a very high level of proficiency with validation and knowledge specific to that field, so a lot of the b players aren't going to have these skills.

    Finally, in this market I almost think it would benefit companies to hire through recruiters for many types of roles just to filter out AI resume big talk and better handle the volume of applicants.

  8. Anonymous

    Curious what field you are in.

    I'm an HRM for specific industry and we are currently hiring for an engineer role. Because of my role and the fact that our HR team in general is so lean (layoffs), I am reviewing resumes before they are sent on to the hiring manager. I can tell you, the resumes I've been reviewing have not been AI-generated. And I can also attest to the fact that people will apply whether or not they meet qualifications - and for our little company, we got a ton of applications (so, side note...just because the number on linked in says 'X number applied or clicked' does not mean all those candidates are qualified).

  9. Anonymous

    Sitting on a stock portfolio can be playing Russian Roulette. I was sitting on half a million dollars in IT stocks with some margin loans. I lost most of it in the crash of the IT markets in the early 2000s after my company laid me off. I had to do a job pivot, so unless you have a couple of billions that classify you as one of the one percent, you have absolutely no protection. If you don't diversify your portfolio, you risk losing it all when the next sexy technology replaces AI.

  10. Anonymous

    I hired IT professionals for years and went through market crashes, 911, etc. When the market is saturated, as in a "candy store", AI is not the competitor, AI will not replace humans doing, and if one is lying on their resume, background checks will find it. Congrats to you for making it big in the market. I must ask a few questions though. What the heck are you doing on this website? If you truly are a well-to-do-I-don't-ever-have-to-work-again-person, have you or will you help others either learn to invest, or at least donate to those and work directly in person with those who cannot find a job, need funds for groceries, a roof over their head and also, help those who are struggling in general? Where much is given, much is expected as they say. You could certainly use your skills to help others and I hope if you do not ever have to work a day again for an employer, that you work to help others in the world.

  11. Ayian

    This is essentially an opinion piece and not seeking advice.

  12. Anonymous

    Yes, that is true, but if you put an opinion out we can reply to it.

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