Intel implemented significant layoffs in 2025 as part of a major restructuring under new CEO Lip-Bu Tan, aiming to reduce its core workforce by about 25,000 (roughly 15-20%) by year-end to streamline operations and cut expenses
Then you’ve got Kalshi… paying $110-140k, then working you to the bone on Christmas Eve.
Like, you’re better off as some schmick front end developer at a midcap company than a “top tier” developer at a code mill in Silicon Valley.















I mean, they want people who can do the job. And most businesses don’t need a guy who can program fantastically complex solutions in obscure languages at a breakneck pace.
They also don’t want to pay above the “going rate”, which is inevitably less than what the market actually demands.
So while programming contests are fun, they don’t do much to improve your pay scale. Much better to climb the management chain and lead programmers than excelling at the actual work. Then you get to take credit for whole teams and land an outsized bonus as a result.