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Tech Jobs Have Dried Up - and Aren't Coming Back Soon

jeudi 19 septembre 2024, 18:01 , par Slashdot
Tech Jobs Have Dried Up - and Aren't Coming Back Soon
The once-booming tech job market has contracted sharply, with software development postings down over 30% since February 2020, according to Indeed.com. Tech companies have shed around 137,000 jobs since January, Layoffs.fyi reports.

This downturn, following years of aggressive hiring, marks a significant shift in the industry's labor dynamics. Companies are pivoting from growth-at-all-costs strategies to revenue-focused approaches, cutting entry-level positions and redirecting resources towards AI development. The release of ChatGPT in late 2022 sparked an AI investment frenzy, creating high demand for specialized AI talent.

Read more of this story at Slashdot.
https://tech.slashdot.org/story/24/09/19/1557229/tech-jobs-have-dried-up---and-arent-coming-back-soo...

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