Tech Layoffs Aren’t Spreading To Other Industries, Indeed Says
1 hr 42 min ago
To look at the headlines about the tech industry, you might think the job market and the economy are headed down the tubes—but that impression is misleading, according to data from job hunting site Indeed.
The job market in the tech industry is indeed taking a big hit. Big-name companies including Amazon and eBay have announced layoffs recently, not to mention those at smaller firms including video game company Unity. Since the year began, 146 companies have laid off 24,365 people this year, according to trueup.io, a company that tracks tech layoff announcements. And 2024 is just getting started.
However, if you’re not in the tech industry, chances are your job is relatively safe, according to Nick Bunker, economic research director at Indeed’s hiring lab. That’s similar to the trend…
