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It’s a dark time to be a tech worker right now (finance.yahoo.com)

submitted 9 months ago by L4s@lemmy.world to c/technology@lemmy.world

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It’s a dark time to be a tech worker right now::Nearly 300,000 tech employees have been laid off since last year, data shows.

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[–] rambaroo@lemmy.world 2 points 9 months ago* (last edited 9 months ago)

I don't think the money is magically just going to come back this time. I doubt that interest rates will ever drop to the levels they were at before the pandemic.

I fully expect this lull to last at least a few more years, and I doubt the industry will ever recover to pre-pandemic levels. History rhymes, it doesn't repeat, and two very different situations from the past are not necessarily indicative of the future. Plus even if it does recover, you still have to get noticed with 1000 scrubs applying to every job they see. Or pray that your network lands you something, if you're lucky.