this post was submitted on 09 Feb 2024
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[–] JasSmith@sh.itjust.works 7 points 9 months ago (3 children)

Industry figures indicate employment in IT is still above pre-covid levels. Companies over-hired and are normalising. We’re not seeing this labour activity in most other sectors. There’s no reason to panic.

[–] voltaa@lemmy.ca 6 points 9 months ago (1 children)

That's one way to look at it, if you're looking to downplay the human impact. The way I look at is these companies had a short sighted hiring spree and now thousands of people are without income and can't just get a new job as the industry is laying off everywhere. That seems like a reasonable source of panic for the people with no income and not a lot of prospects.

[–] spez_@lemmy.world 1 points 9 months ago

Workers are numbers

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