In total, more than 118,000 people have lost their jobs in tech this year, but don’t fret plenty of companies are still desperate for talent.
, or 13 percent of its workforce. Snap, Lyft, and the payments company Stripe have also recently shrunk their payrolls, collectively shedding around 3,000 workers., a site that tracks publicly reported job cuts in the industry. At the same time, companies including Amazon and Apple have slowed or frozen their hiring, reducing the number of open roles in Big Tech that can soak up people suddenly out of work.
Despite their command of the headlines, Big Tech companies are just one niche in the broader tech industry. Many smaller firms and companies in adjacent industries are still hiring tech workers, albeit at slower rates than tech giants recently did, and potentially for lower salaries. Some companies are now jumping at the chance to attract people previously monopolized by recruiters from the largest companies.
“These workers are at a huge advantage,” says Julia Pollak, chief economist with ZipRecruiter. “There is still strong demand for tech talent in a wide range of industries, from government to retail to agriculture. Those industries for the past years have been left in the dust.” The Big Tech forced exodus is also opening new opportunities for startups and investors aiming to create the next big thing. “To everyone affected by the Meta layoffs: Monomi Park is hiring,” Nick Popovich, CEO of an independent gaming studio,
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Tech sector layoffs warning sign of broader job lossesTech companies are beginning to lay off workers, a warning sign for broader layoffs across economic sectors over the next year.
Weiterlesen »
Layoffs in tech and banks will have a ripple effect in other industries, says Jason Greer'What we're seeing overall is a basic market recalibration,' Jason Greer, Greer Consulting founder and president, says of layoffs across industries.
Weiterlesen »
Booming AI under the knife: Tech layoffs slay 20% of popular startup's workforceThe recent announcement of Scale AI layoffs has served as a reminder that even the most promising startups and IT giants are not immune to the problems of the collapsing tech market.
Weiterlesen »
Jim Cramer warns investors not to ‘gamble’ on tech stocks despite recent gains'These short-term sector rotations like we saw today – they're irrelevant because they can't last,' he said.
Weiterlesen »
Police Fight TikTok's Viral Kia Challenge — With Low-Tech Solution to High-Tech GlitchIt’s a TikTok challenge that’s fueling stolen cars across New York City and the country, as a USB plug has become thieves’ tool of choice — but now there’s an easy way to protect the targeted vehicles.
Weiterlesen »
What a Speaker McCarthy means for Big TechThe California representative has a long history opposing antitrust reform.
Weiterlesen »