4 ms·
I'd hardly call it normalizing. The acceleration of layoffs has decreased, nearing a zero-crossing, but we've still got 100,000s of unemployed engineers floatin
by tuckerpo 3y ago
I'd hardly call it normalizing. The acceleration of layoffs has decreased, nearing a zero-crossing, but we've still got 100,000s of unemployed engineers floating around in the market.
- deleted 3y ago[deleted]
- sarchertech 3y agoBLS says tech sector unemployment is down to 1.8%. Given the size of the tech sector there can’t be hundreds of thousands of unemployed software engineers.
- red-iron-pine 3y agowhich market? where? layoffs.fyi suggests 964 tech companies w/ layoffs ∙ 231349 employees laid off in 2023, and if you look at the actual site, a whole freakin lot of them are in different countries. additionally they don't make a distinction between DEI and STEM workers, just layoffs. there may be 100k actual programmers -- IT staff, Product Managers, DEI, etc. -- but 50% of them are in India, London, Israel, or Croatia, and most of them were never going to interview for jobs outside of their country.