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Tech talent shortages are top of mind for businesses worldwide as demand for cloud computing, IT skills, and artificial intelligence grows. According to research by digital infrastructure company Equinix, 62% of global decision-makers surveyed said a shortage of IT talent threatened their business success. In an interview with Forbes, one CEO called the tech talent […]
Amid all the talk about the Great Resignation and general labor market turmoil, it’s easy to forget that high labor demand is no longer applicable across all job functions and industry segments. Recruiters facing labor shortages in certain industries might want to consider expanding their search to include candidates from nontraditional backgrounds. Job Shortages May […]
When many Americans think about a tech career, the first thing that comes to mind is often the potential for jaw-dropping salaries and bonuses. Perhaps a bit farther down on the list is the reputation the tech industry has for toxic or even hostile workplace cultures and high levels of stress. Perhaps it’s that impressive […]
Jade and Cristina, like thousands of software engineers in their early 30s who dream of starting families, have worked long hours and built solid networks. Their careers are advancing nicely. Typical of tech employees in their generation, each chose to work for a company that supports work/life balance and offers attractive family-building benefits, and both […]
The last 2 years have been brutal for technology workers. In 2022, tech companies cut over 93,000 jobs, marking a 649% increase over layoffs implemented in 2021. In 2023, the numbers are even worse. Tech layoffs claimed over 100,000 jobs in the first quarter alone, affecting workers at more than 500 companies. Announcements in recent […]
Layoffs are a key tool in the corporate cost-cutting toolkit. While popular culture may demonize staff-cutting executives as corporate boogiemen laughing with joy as they hand out pink slips (Elon Musk comes to mind), the truth is nobody enjoys layoffs. Business leaders are people too, and they understand the pain cutting jobs causes, especially cutting […]
Tech is a dynamic industry by its very nature, and the skills that are in high demand today may be obsolete in a year or two. This industry, then, is no stranger to workforce disruptions, including the large-scale layoffs sweeping the industry in recent months. But things might be a bit different this time around, […]
Nearly a year of seemingly continuous layoffs throughout the tech industry have harmed Diversity, Equity, and Inclusion (DEI) efforts, raising concerns about the vulnerability of recent DEI gains in the workplace. To ensure DEI initiatives are not only continued but strengthened, we must understand the total value they bring, to employees and employers alike. DEI […]
In 2023, we find ourselves at an inflection point in the world of work. While the rollercoaster of responding to a global pandemic has slowed, the baton of uncertainty has been passed. The workforce now faces an unpredictable economy, widespread layoffs, and a pervasive feeling of burnout. That’s why the last few years have been […]
Even with the looming danger of a full-scale recession, as seen by record high mortgage rates and falling consumer spending, the job market’s strength has continued to act as a buffer. Despite massive layoffs in the tech sector, according to experts, there are employers planning to hire in the coming months as opposed to reductions […]