Tech became tighter to join 2 years ago and for the next years are going to play music chairs on the open seats as lay offs continue, executives think that AI can replace anyone and younger generation (with lower wages) joins the tech workforce.
It's not recession per se, these companies will continue to be crazy profitable, it's just a change in mindset. See also the famous "founder-mode" that came up recently for startups and scaleups.
Tech became tighter to join 2 years ago and for the next years are going to play music chairs on the open seats as lay offs continue, executives think that AI can replace anyone and younger generation (with lower wages) joins the tech workforce.
It's not recession per se, these companies will continue to be crazy profitable, it's just a change in mindset. See also the famous "founder-mode" that came up recently for startups and scaleups.