this post was submitted on 19 Jan 2026
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Chapotraphouse
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It's everywhere. Tech hiring is shit right now. People are saying as bad as 2009
Investment banks are still hiring like crazy but they tend to churn through people you can’t really survive in one long term cos they quite literally grind people into dust. My place hasn’t hired a single new person since 2020 and our team has only seen cuts and its hitting breaking point but theyre having fun seeing how few people are needed to run the team it seems.
If we ask for new people the answer is always offshore. But only for tech people, project managers get replaced instantly
Feels like 2001, just after the tech bust.