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.

  • eyes@lemmy.worldEnglish
    0·
    7 months ago

    The industry is experiencing historic shrinkage post COVID due to unsustainable growth during COVID.

    • MajorHavoc@programming.devEnglish
      0·
      7 months ago

      Any evidence to back up using the word “historic”, here? The dotCom burst was historic, but by the numbers I’ve seen, this doesn’t come close.

      I would argue “interesting footnote in the boom/bust cycle”.

      I know that’s not how it feels to the folks going through job searches right now, though.

      • rambaroo@lemmy.worldEnglish
        0·
        7 months ago

        It’s the worst market since 2008. I don’t know why people feel the need to minimize it. It’s certainly more than a footnote.