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.
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.
Explain me like I’m five - why?
Because the big tech companies are laying off, all the tech companies have decided they too need to layoff people to lower costs, improve profits, report better earnings, etc.
Fast forward to next year when they’re up shit creek because their skeleton crews can’t possibly do All The Things. Executives retire, take huge bonuses; repeat.
There’s no evidence that the layoffs at these firms are actually tech workers. Tons of other positions exist at these companies, like managers, sales, marketing, support staff.
My money is on administrative/clerical. This is the easiest to automate.
What on earth do you mean no evidence? I mean just check layoffs.fyi which specifically tracks this.
I’m trying to find where on the site where it tracks the type of employees laid off but it doesn’t seem to track that at all?
For companies/employees that choose to share (eg in hopes of getting recruited to a new job) you can even get individuals information from that site. That includes actual job titles.
These companies tend to be very light on administrative roles anyway. So the ratios make sense even if they just laid off 5% of staff in total.
I’m not seeing that at all. Only total employees laid off and the industry the company is in.