Amid mass tech layoffs, some workers with years of experience or deep technical expertise are having trouble getting hired again while some seek non-tech jobs
Google, Amazon, Microsoft and a raft of others fired thousands of workers in January, continuing a layoff wave that began in 2022. Threads: @beth4158 . Mastodon: @carnage4life@mas.to and @remotesynth@mastodon.xyz X: @washingtonpost and @winwinirwin . Forums: r/technology Threads: Beth Kujawski / @beth4158 : I was glad to see this included: “Now, executives are looking for more places where they can squeeze more work out of fewer people.” Yup. But that's going to bite them in the ass soon. The pendulum has swung too far in the layoffs direction. I hit my breaking point at work this week. … Mastodon: Dare Obasanjo / @carnage4life@mas.to : Companies like Google and Microsoft are laying off workers despite the overall economy adding jobs and those companies specifically making tens of billions in profits. — As revenue growth has slowed, growing profitability by cutting jobs is the only way to appease Wall Street. … Brian Rinaldi / @remotesynth@mastodon.xyz : I've been in this industry for a long time (25+ years), and I can say this isn't new. 2000 and 2008 were both awful and the tech job markets were arguably worse in both. — But this is definitely the ugliest tech job market in a good economy. This is the “the tech job market is awful for dumb reasons” economy. … X: @washingtonpost : The U.S. economy added 353,000 jobs in January, a boost that was around twice what economists had expected. And yet, Google, Amazon, Microsoft, Discord, Salesforce and eBay all made significant cuts in January, and the layoffs don't seem to be abating. https://www.washingtonpost.com/ ... Jon Irwin / @winwinirwin : For people lamenting layoffs in the games industry, a good reminder that the issues are not endemic to gaming but a part of a broader problem in all tech jobs Forums: r/technology : The U.S. economy is booming. So why are tech companies laying off workers?