How Tech Workers Are Rebounding From Layoffs And Finding New Jobs | Business Insider Explains

Nearly 50K tech workers have lost their jobs since the start of this year. Now, Gen Zers are looking at a different sector for job security.

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CHAPTERS:
00:00 - Intro
00:27 - Good Ol' Days Of Tech
01:13 - Tech Is Cutting Back
01:22 - Reasons For Tech Layoffs
03:25 - Perks Of Government Jobs
05:18 - Credits

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How Tech Workers Are Rebounding From Layoffs And Finding New Jobs | Business Insider Explains

[GYS]

Millenial here (early thirties), and switched to government job in Belgium 2 years ago. Glad I did.

[rcnightlife]

400k layoffs in 2023 and 50k layoffs in under 2 months in 2024. Almost half a million got laid off.

[rygregory]

I’m in tech. Got laid off 2 times in the past 2 years. However, I started my career in higher education at a public institution. I’ve recently started submitting my resume to higher ed jobs again. It was stable and relatively stress-free. Also, no one reached out to you during the weekend because of a work “fire” that needed to be put out.

[nd-gsnz]

When a generation sees government jobs more attractive than the private sector tells me that you are heading in the wrong direction. I am from Argentina so I know the negative impact it had in my country, and now to get out of it we had to go to the complete opposite and get a libertarian president. Well, you guys in The US are rich so you are a long way to poverty....but I promise with a big government it will come!

[sadpee]

what is going on with the audio mixing? it sounds like someone slapped a flanger plugin effect on the mic output or smt. some autotune or audio normalization? i dunno how or what caused it but i know it sounds weird asf

[fosterwhales]

With the current recession and financial crises world wide I think getting a job isn’t the best solution to attaining financial freedom

[gmt]

Met a SW Dev last month worked at Nvidia and Intel. Got laid off at the former now for for the government, makes less but told me he now has peace of mind

[txwombat]

Gen Z? - how about all generations these days looking for Job Security. At least Gen Z has time to recover.

[HannahS-flqn]

I left Google in 2023 for a public service job. I was constantly under stress back then. Every month another coworker of mine got laid off. I’m much more relaxed now. I’m getting more meaningful work done. I get paid less, but I don’t have to work weekends as often anymore. This was a wise decision.

[coen]

Is this the generation that was telling boomers "Learn to code"

[bonle]

Go to trade school. Now we have more college student at a uni than journalists in USA. College does not equal status. Its the money. Somehow people going from college = job = status to college = status. And dont tie urself to those debts

[psycloneedits]

The entire writing, pasting, putting stuff in the bag is irritating af, fr stop that crap

[michaelfrench]

I advise getting a job in the trades. After being a commercial fisherman for just over 20 years. I got married and decided to settle down. I got my associate's degree in precision machining technology. Left college with $6, 000 in student loans which are already paid off. And I make $40 an hour as a CNC programmer

[tkanderson]

HA! I have not see a government job in my area that does not require coming in with a clearance. Good luck with that.

[isac]

I actually worked a few govt jobs and they do outsource - may not lay off but there is still some instability there.

[thestoiccoach]

I would never work for the government. Sounds like a horrible idea.

[MrMetta-cxpc]

Y people are becoming mad at software tech. It's not the only companies running the world

[devman]

They didn't even touch on just how much less intense government jobs are...

[sprogg]

Want to know a secret there's another industry that's, booming right now, that's the defence industry, geo-political instability and risk of war highest it's been since the cold war, means every defence budget has increased in every country, and defence contractors are hiring like crazy.

[andriytroyan]

The market is tough. I got laid off in another industry however I was extremely lucky to find a job within 15 days.