This article was first published by Branden Lawrence on Medium. Week after week, we’ve heard that X company will be going through a round of layoffs. In fact, according to layoffs.fyi, 128,202 tech employees were laid off in 2023 alone when this article was published. For comparison, in all of 2022, 161,411 tech employees were laid off. This has left many looking for a new job, others uncertain about their software engineering future, and prospective junior engineers unsure how to get their foot in the door at any company. So how can engineers find their feet at
Software engineering is the best job in the US, according to the US News & World Report’s list of the 100 best jobs. But with layoff announcements showing little sign of slowing – it can be hard for those working in the industry to know where they stand. Hired’s annual report on the state of software engineers in the tech industry aims to cut through the noise and reveal the facts about the job market for software engineers. “It’s been a challenging time for the tech industry,” writes Hired CEO Josh Brenner. “Despite
This article was first published by Priyanka Jain on Medium. What a weight off my shoulders!! I opened my to-do list and scratched off all the items tagged work. After 20+ years in the tech industry, I experienced a first last week. I was unceremoniously let go from my position as Director of Engineering on a Zoom call that lasted 5 minutes at the end of my workday. I’ve witnessed and been indirectly affected by tech layoffs before. As we weather this latest round of shake-ups in the tech industry, I
This article was first published by Chuma Okoro on Medium. This one is for you, fellow engineer. Folks in other career verticals, just observe. Seeing the recent news about layoffs and hiring freezes at top tech companies like Meta and Twitter; anyone who works in tech must have their eyebrows raised. You did all that struggling to get your job as a software engineer and now the idea of losing that job, due to reasons out of your control, is real. In most employment contracts, they indicate that you’re an
This article was first published by Ikenwa Chukwunonso on Medium. The job market has been crazy this year with the high inflation rate and high-interest rate to cool off inflation meaning funding from venture capitalists and financial institutions have reduced due to high-interest rates. In January 2023, prices had increased by 6.4 percent compared to January 2022 according to the 12-month percentage of change in the consumer price index. Few companies especially in the tech sector are downsizing and reducing their burn rates which mean cutting jobs to properly navigate
This article was first published by Chuma Okoro on Medium. Many organizations think money is the only incentive that employees value. But evidence-based research suggests that employment security is powerful in increasing commitment and performance. Modern technology companies are known for high salaries, yummy snacks, and beautiful offices. Despite this, according to DevSkiller, these companies still have high turnover. This may be due to the perceived lack of an incentive that evidence-based research (EBR) suggests is powerful in increasing commitment and performance, and employment security. Employment security is a notion
Black-owned startup Equipt is using the power of the community to help tech workers bounce back from layoffs. In 2021, Olajide “Jide” Osan and Hubert Dagbo co-founded Equipt as a talent marketplace using upskilling events to connect job seekers with potential employers. After first meeting at Lehigh University in 2008, Dagbo and Osan found mentors who used their skills and networks to find career opportunities in finance and tech, respectively. The pair reconnected during the Covid-19 pandemic and launched Equipt, using technology to replicate the path they followed years prior.
This article by Camille Hall was originally published on Medium. I can still think back and remember each morning that grew with anxiety as the time got nearer to my scheduled 1:1 manager syncs. I was ridden with guilt because I was not performing at my usual pace or producing my usual quality. I tried so many tactics to “shake it off” and to “get it together” but nothing worked. I tried rearranging my workspace to invoke more creativity. I picked up new projects in hopes to entice my fascination
If you’ve been considering switching jobs, experts say now might be the best time to take the leap. Despite the cooling labor market, a new survey from ZipRecruiter has found that job seekers remain in the driver’s seat. New hires managed to secure better benefits and higher salaries than those hired earlier in 2022, thanks to a competitive hiring market and pay transparency laws in places like New York, Colorado, and California. The survey found that two-thirds of people who switched jobs received a pay increase of 11% or more,
US tech layoffs show little sign of slowing, with 50,000 jobs cuts announced this month alone. Still, experts have said there’s still reason for hope. Competition for tech workers “will remain fierce — even when and if the economy falls into recession around the middle or second half of 2023,” Joe Brusuelas, RSM’s chief economist, told NBC News. 8 in 10 laid-off tech workers found a new job within three months of starting their search; 4 in 10 within one month. – ZipRecruiter Also 59% of all tech jobs exist outside the tech sector.