Sea_Mathematician_84 t1_j5g3kgb wrote on January 22, 2023 at 7:39 PM

Reply to comment by National_Smoke4580 in The dichotomy of FT by Johs92

There aren’t millions being laid off in tech. Big names laying off 10k but with the nuance being they hired 30-40k last year.

There’s about 12M tech workers in the US broadly speaking (and I mean BROADLY, as most estimates say 5-7M. **12M is all employees, including clerical corpo etc. ). If there were millions laid off we’d be talking about a catastrophic impact. Most of these people will be swept up by smaller firms and especially cybersecurity firms which pay just as well and have been taking off in the last 5 years like crazy thanks to the GDPR and other PII laws.

ronincelwarrior t1_j5gmxel wrote on January 22, 2023 at 9:41 PM

There’s also things like permanently open jobs in government for lower salaries because they need people but can’t compete with Google’s salary range. That said, demand for people who can code is basically infinite, the top tech firms laying people off are mostly cutting expensive management, junior devs, and non technical people.