Things feel like the 2008/2009 time period for hiring, but stock valuations and earnings are still extremely high, which is kinda odd. It feels so strange right now for employment prospects.
I don’t know if anyone else feels it, but the constant under resourcing and do more with less mindset since 2021/2022 have probably made things worse too.
Obviously. Money isn't free any more, times are uncertain, both businesses and individuals are cutting back. The recession isn't coming, we are already in it.
When it comes to software industry, we’ve been in a recession for almost three years now.
The numbers in the article don’t add up, it uses different terms like “sector” and “industry” in meaningful ways when there is no actually meaningful difference and ends with the sentiment that it’s actually lookup up.
Interesting data, but I’m not convinced AI is actually behind these job losses, there are some percentage jumps, but I didn’t see any hard data or analysis tying the layoffs directly to AI adoption, it feels more like correlation being dressed up as causation.
tech is now overwhelmingly fraud. its allowed because its a large portion of GDP and a key part of federal politics now. you dont want to work in tech, or in big cities. these things are not sustainable and are failing.