Tech employment now significantly worse than the 2008 or 2020 recessions
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Re: Tech employment now significantly worse than the 2008 or 2020 recessions
#2the 2020 ‘recession’ wasn’t really bad for tech employment at all
Re: Tech employment now significantly worse than the 2008 or 2020 recessions
#3the 2020 ‘recession’ wasn’t really bad for tech employment at all
In fact in sectors like the game industry the pandemic resulted in a massive hiring boom. The layoffs only materialized after the pandemic was well and truly over.
Re: Tech employment now significantly worse than the 2008 or 2020 recessions
#4There's still the hangover from free Covid money. I think the number one reason that it feels worse is that there's a LOT more people in the industry now than back in 2020. Much more competition than before.
Re: Tech employment now significantly worse than the 2008 or 2020 recessions
#5the 2020 ‘recession’ wasn’t really bad for tech employment at all
on a personal level I was hired (by Microsoft, my first and only "big tech" job) in April 2020 and I am still working here... all these companies "over-hired" during the pandemic, and the term "covid hire" is even a thing..
Re: Tech employment now significantly worse than the 2008 or 2020 recessions
#6Re: Tech employment now significantly worse than the 2008 or 2020 recessions
#7the 2020 ‘recession’ wasn’t really bad for tech employment at all
on a personal level I was hired (by Microsoft, my first and only "big tech" job) in April 2020 and I am still working here... all these companies "over-hired" during the pandemic, and the term "covid hire" is even a thing..
I remember interviewing someone who got hired by Facebook, sat around for a few weeks for a team to open up while they went through onboarding / Junior training, then was let go.
COVID did weird things to the industry, that's for sure.
Re: Tech employment now significantly worse than the 2008 or 2020 recessions
#8The ideal software engineer will code himself out of a job and be happy about it.
Be that ideal. The shareholders are counting on you!
Re: Tech employment now significantly worse than the 2008 or 2020 recessions
#9Interesting, this shows growth in open positions: https://www.trueup.io/job-trend
Re: Tech employment now significantly worse than the 2008 or 2020 recessions
#10The chart in the tweet represents year-on-year growth. Based on these figures alone the actual number of people employed in tech is still really high, and the numbers can't just go up forever.
Also this only captures 6 industries, which is a narrow view of what would define "tech" these days.
Not to say that the job market isn't tough but this graph is a very narrow view