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Where have all the laid-off tech workers gone?

economist.com

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Re: Where have all the laid-off tech workers gone?

#23

I can't find another job even with a FAANG background. The market is brutal. Maybe my only choice is to start a startup.

Are you expecting a salary similar to the one you were getting at a FAANG though? Because that seems to be the main issue - FAANG people thinking they're worth way more than they actually are.

Re: Where have all the laid-off tech workers gone?

#25
post #18

We actually tracked every laid off individual from Google to understand the story behind the layoffs. Here's the summary: - 747 out of the 2,762 laid-off Googlers have since updated their profiles to indicate a change of employment status in the last 4 months since November 2022. - Only 56.7% of these people joined a tech company. - 1/3 of these ex-Googlers joined startups. See the full blog post here: https://nubela…

Google layoffs started in January 2023. How is the November date relevant?

Re: Where have all the laid-off tech workers gone?

#26
post #14

Answer: "Working somewhere else mostly, but some started their own company."

What a scoop! Time to write an article behind a paywall

This is the Economist, they don't really go for scoops much. (And I think that makes them the only somewhat decent newspaper)

Re: Where have all the laid-off tech workers gone?

#27
post #18

We actually tracked every laid off individual from Google to understand the story behind the layoffs. Here's the summary: - 747 out of the 2,762 laid-off Googlers have since updated their profiles to indicate a change of employment status in the last 4 months since November 2022. - Only 56.7% of these people joined a tech company. - 1/3 of these ex-Googlers joined startups. See the full blog post here: https://nubela…

Do you have any data on accuracy/completeness of LinkedIn profiles to accompany this? I get that LinkedIn is the most used platform, but as someone who doesn't use / update it (I have a largely dormant profile), I got the impression my demographic, while a minority, is still a relatively large minority.

Presumably the "total number of identified LinkedIn profiles" & the "total reported layoffs" figures don't match up: what happens to the data gap in your reporting?

Re: Where have all the laid-off tech workers gone?

#28
post #18

We actually tracked every laid off individual from Google to understand the story behind the layoffs. Here's the summary: - 747 out of the 2,762 laid-off Googlers have since updated their profiles to indicate a change of employment status in the last 4 months since November 2022. - Only 56.7% of these people joined a tech company. - 1/3 of these ex-Googlers joined startups. See the full blog post here: https://nubela…

“every laid off individual” should be “every laid off individual with a LinkedIn account”.

Re: Where have all the laid-off tech workers gone?

#29
post #25
post #18

We actually tracked every laid off individual from Google to understand the story behind the layoffs. Here's the summary: - 747 out of the 2,762 laid-off Googlers have since updated their profiles to indicate a change of employment status in the last 4 months since November 2022. - Only 56.7% of these people joined a tech company. - 1/3 of these ex-Googlers joined startups. See the full blog post here: https://nubela…

Google layoffs started in January 2023. How is the November date relevant?

Because you want to marginalize out non-layoff-related variables?

Re: Where have all the laid-off tech workers gone?

#30
post #18

We actually tracked every laid off individual from Google to understand the story behind the layoffs. Here's the summary: - 747 out of the 2,762 laid-off Googlers have since updated their profiles to indicate a change of employment status in the last 4 months since November 2022. - Only 56.7% of these people joined a tech company. - 1/3 of these ex-Googlers joined startups. See the full blog post here: https://nubela…

> We then used ChatGPT to clean up and categorize all 2-thousand and more roles into 9 main categories. Finally we did a quick manual comb-through to correct any discrepancy.

Yet another example of how times are changing!

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