Nearly 300,000 tech employees have been laid off since last year, data shows.

It’s a dark time to be a tech worker right now::Nearly 300,000 tech employees have been laid off since last year, data shows.

    • Pohl@lemmy.worldEnglish
      181·
      11 months ago

      Unemployment is at record lows. Some sectors are hiring a lot more people than the tech sector is shedding. It’s not really complicated.

      Job sectors come and go, grow and shrink. Imagine how silly I would sound if I said: “there is almost no work for horse cart builders but the gov says that unemployment is at record lows, how can this be?”

    • EatATaco@lemm.eeEnglish
      4·
      11 months ago

      Because the economy has added more than 300k jobs in 3 single months over the past year. If you go back to the beginning of 22, that number goes up to 9.

      While 300k jobs sounds like a big number, represents a small fraction of our economy. It doesn’t even account for 0.2% of total employment. And that’s over a year.

      That being said, I’m glad I snagged my job when I did and that I’m being treated like I’m excelling at it.