Im a tech guy. In the last week, I have received 4 cold calls about new positions and a couple more emails. This month ive seen more anecdotal hiring going on in my friend group. Is there something going on? I’m not looking, haven’t updated my linkedin in years etc…etc…
For the past year, hiring in software development has been dismal and all of a sudden im seeing a huge spike.
Anyone else seeing this or am I just cherry picking?
Companies are still having mass layoffs. They overhired in covid, and AI is just their excuse for laying everyone off.
I wonder how long until people stop using over hiring during covid, its a bullshit excuse. Its called being fully staffed and the profits that were made shows running skeleton crews doesn’t make long term sense.
They overhired in covid because there was a surge in demand, and they expected that demand to stay. When it didn’t they were overstaffed for the demand. Not everything is running on a skeleton crew. Especially in tech where there’s been a huge influx in people in the last 20 years. Tech has been an oversaturated field, even before covid.
so where did all the over hired people come from before covid?
I wonder sometimes because the BIG companies announce layoffs…those people don’t just sit there. They get other jobs most of the time.
Ive seen it locally where a big company removed close to 1000 people and a bunch of smaller places ate them up really quick. And then because they are smaller, they don’t have to announce layoffs later on (in theory?).
So it looks like the area is going through some kinda downturn…whereas whats actually happening is headcount is exploding all over with smaller places.
I wish I studied economics. This looks fascinating. Maybe someone else can be-bunk what im saying.