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'90% engineers can’t code': Founder says he fires new hires within weeks; Reddit slams hiring process, not coders
Business Today
·
1m ago
Medial
A Reddit post has sparked debate by claiming 90% of Indian engineering graduates can't code, highlighting issues with tech talent and hiring practices. A founder admitted firing new hires frequently, despite significant salary offers, due to a lack of job readiness. Critics argue this reflects flaws in the hiring process, not necessarily the candidates' abilities. The discussion emphasizes the mismatch between fresh hires' expectations and the skills demanded in high-pressure startup environments.
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'Pick up a second job if pay is too low': Redditor slams Indian HR for for time-wasting, insulting pay negotiations
Business Today
·
5m ago
Medial
A Reddit user shared their experience of returning to India after working in the U.S. and facing challenges during the hiring process. The process was described as gruelling and time-wasting, with shockingly low salary offers. The user criticized Indian HR practices, highlighting how candidates tend to underperform when they feel undercompensated. The suggestion was made that individuals should consider secondary jobs if their primary income is insufficient.
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Go read this report on AI’s effects on Amazon’s software labor force.
The Verge
·
2m ago
Medial
Amazon's software engineers are experiencing increased pressure to meet higher output goals with reduced team sizes, largely due to the integration of AI technologies. The New York Times reports that engineers are now expected to deliver the same volume of code as before, despite their teams being halved. This mirrors Amazon's warehouse operations, where robots have significantly increased productivity levels. The shift is leading some coders to feel their roles are becoming akin to warehouse work.
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Microsoft layoffs hit coders hardest with AI costs on the rise
Economic Times
·
2m ago
Medial
Microsoft's recent job cuts mainly affected software engineers, with over 40% of layoffs in Washington state coming from this group. The company is investing heavily in AI, influencing its workforce adjustments. AI tools are increasingly automating code writing, reducing the need for human coders. Other roles like product and technical program management were also impacted. Despite layoffs, Microsoft aims to manage spending amidst AI investments, targeting roles mainly outside customer-facing departments.
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India’s AI talent gap widens as demand surges
Economic Times
·
11d ago
Medial
The increasing demand for AI skills in India is highlighting a significant talent gap, as only 15-20% of the workforce is AI-equipped. This shortage is affecting hiring strategies across technology firms, with companies like HCLTech and startups like StaqU seeking adaptable, self-taught engineers rather than experienced coders. Salaries for AI roles have spiked, reflecting the market's competitive nature. The deficiency is further exacerbated by limited research infrastructure and funding in India, necessitating upskilling efforts.
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12,000 applicants, 450 interviews, zero hires: Tech firm rejects all applicants for coder's role; Reddit questions hiring patterns
Business Today
·
1m ago
Medial
A tech firm received 12,000 applications and conducted 450 interviews for coder roles but hired none. Candidates struggled to explain their submitted code or discuss its complexity, despite being allowed to use AI tools like ChatGPT. The hiring process will now shift to a quiz-based evaluation via DoSelect, followed by Google Meet interviews. The roles, including Junior Frontend Devs and Backend Devs, offered salaries up to ₹20 lakh.
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‘They take revenge, not interviews’: Techie slams insane hiring process in India
Economic Times
·
1m ago
Medial
A software engineer criticized the complex hiring processes in India, contrasting them with simpler European interviews. Sharing his experience on Reddit, he noted that Indian interviews demand extensive, often unnecessary technical expertise. Some users suggested the difficulty stems from abundant candidates, while others argue it's a strategy to filter Tier-2 and Tier-3 college graduates. Frustrations with ego-driven interview cultures were echoed by other users, highlighting experiences of grilling and unclear rejection criteria.
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Wipro is returning to campuses. But there's a catch
Livemint
·
11m ago
Medial
IT services major Wipro Ltd is planning to increase its hiring target for freshers in FY25 to around 22,000. The company had initially aimed to hire 10,000 freshers, with salaries starting at ₹3.5 lakh per year. The hiring will be focused on project engineer roles from non-IIT and non-NIT engineering colleges. Wipro will resume campus hiring in the next two weeks. The decision to hire primarily from non-elite colleges is based on the belief that it is easier to retain engineers from these institutions and that they can become project-deployable more quickly.
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Wait. Why is Reddit losing so much money?
Business Insider
·
1y ago
Medial
Reddit, the popular social media platform, is going public with a business model similar to Facebook and Twitter, relying on user-generated content to sell advertisements. However, despite generating $804 million in revenue in 2021, the company still reported a loss of nearly $91 million. The company argues that it only started meaningful monetization efforts in 2018 but has been heavily investing in hiring engineers, with research and development costs accounting for 55% of its revenue. While Reddit continues to gain users and has secured additional revenue through data deals with Google, the high spending and losses raise questions about its $5 billion valuation.
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OpenAI introduces CriticGPT, a GPT 4-based model that can detect errors in ChatGPT’s code output
Money Control
·
1y ago
Medial
OpenAI has launched CriticGPT, an AI tool designed to identify errors made by the popular chatbot, ChatGPT. Unlike other language models, CriticGPT is specifically built to provide feedback and critique on ChatGPT responses. It aims to help human trainers and coders spot mistakes during the reinforcement learning process. OpenAI claims that CriticGPT improves code review outcomes by over 60% compared to previous models. However, CriticGPT currently has limitations in generating longer critiques and is trained on shorter ChatGPT answers. OpenAI has plans to expand its capabilities and address these limitations in the future.
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Microsoft-Backed $1.5 Billion Builder.ai Collapses, 700 Indian Engineers Exposed, Over 500 Laid Off | DeepNewz VC
Business Bytes
·
1m ago
Medial
Builder.ai, a company backed by Microsoft and once valued at $1.5 billion, collapses, leaving 700 engineers in India facing uncertainty. Allegations include the firm hiring developers to mimic their AI capabilities instead of integrating actual language models for code generation. Additionally, accusations of accounting fraud have surfaced. Despite these issues, Builder.ai had managed to raise $450 million in funding. The situation highlights significant questions around transparency and practices in the tech industry.
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