• JasSmith@sh.itjust.works
    link
    fedilink
    English
    arrow-up
    11
    arrow-down
    4
    ·
    11 months ago

    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
      link
      fedilink
      English
      arrow-up
      7
      arrow-down
      1
      ·
      11 months ago

      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.