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this post was submitted on 13 Nov 2023
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askchapo
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entry level tech job market is pretty deep in despair judging from experiences of my friends and acquaintances that got laid off/just graduated
But if you're going to graduate 3-5 years later, who knows what the job market will look like then? A lot of the layoffs/decreased hiring is also purposeful class warfare on the high coding salaries from employers
I think the layoffs were more FAANGs trying to move headlines away from a few bad quarters of earnings, "grownups are in charge now" bullshit. Decreased hiring is definitely purposeful. Every company seems to simultaneously never have enough technical staff but also refuse to post positions and refuse to interview even their ideal candidates when they do.