Yep, this shows clearly how much tech overhired during and after COVID.
This is a correction.
Thousands and thousands of people went into tech because it was so “profitable.” This kind of hype happens every ten years or so and there’s always a correction.
The last one I remember was the coding bootcamp surge, which filled the industry with mediocre people looking for good-paying jobs. These booms and busts been happening my entire career!
Also, love to see people downvoting right away. Poor baby, did you go into tech at the wrong time?