LAS VEGAS, NEVADA - JANUARY 06: Attendees visit the Google booth at CES 2023 at the Las Vegas ... [+] Convention Center on January 06, 2023 in Las V

The Great Tech Wake-Up Call: VCs Discover Billions Wasted On Inefficient Engineering Teams

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2024-11-28 06:30:09

LAS VEGAS, NEVADA - JANUARY 06: Attendees visit the Google booth at CES 2023 at the Las Vegas ... [+] Convention Center on January 06, 2023 in Las Vegas, Nevada. CES, the world's largest annual consumer technology trade show, runs through January 08 and features about 3,200 exhibitors showing off their latest products and services to more than 100,000 attendees. (Photo by Alex Wong/Getty Images)

A viral social media thread by VC industry figure Deedy Das has ignited a fierce debate about engineering productivity at some of America's largest technology companies. This comes as one of many efficiency arguments after billionaires Elon Musk and Vivek Ramaswamy—co-heads of the Trump administration’s Department of Government Efficiency (or “DOGE”)—say they want to slash federal spending by $2 trillion.

The revelation? Many software engineers at major tech firms are making between $200,000 and $300,000 dollars annually while pushing as few as "two code changes a month." The companies in question aren't limited to small players or struggling startups. According to the viral thread, this pattern of low productivity appears at some of tech's most established names, including: Oracle, Salesforce, Cisco, Workday SAP, IBM, VMware, Intuit, Autodesk, Veeva.