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Tech Jobs Have Dried Up - and Aren't Coming Back Soon
The once-booming tech job market has contracted sharply, with software development postings down over 30% since February 2020, according to Indeed.com. Tech companies have shed around 137,000 jobs since January, Layoffs.fyi reports. This downturn, following years of aggressive hiring, marks a sig...
The once-booming tech job market has contracted sharply, with software development postings down over 30% since February 2020, according to Indeed.com. This downturn, following years of aggressive hiring, marks a significant shift in the industry's labor dynamics. Companies are pivoting from growth-at-all-costs strategies to revenue-focused approaches, cutting entry-level positions and redirecting resources towards AI development.
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