Source: Bloomberg
Author: Sarah Frier
In the past 10 years, the work of the technology industry is known for its high salaries, comfort and stability.The situation has changed this year.
The rise of technology giants such as Google and Facebook opened the era of "coquettish" of science and technology operators. Engineers have obtained a perfect habitat, where all their main needs can be met — snacks, handmade coffee, outdoor outdoor, outdoor outdoorSpace and table tennis should have everything.Low interest rates have spawned the greedy appetite of high -risk and high returns. If you can join the company when you start the company, once the company is acquired or listed, such employees can get a lot of money.
This kind of thing has been common, and has even been brought into film and television dramas many times.The outbreak of the crown disease has brought technology companies to another spring. The widespread popularity of home and offices has increased people's dependence on mobile devices and e -commerce.But in 2023, the rice bowl of the technology industry suddenly became less stable.
Several rounds of layoffs have been carried out this year. Facebook's parent company Meta has cut thousands of people, including some managers holding high -paying managers.The reason given by Meta is that in a severe economic environment, the company needs to further improve efficiency.Google's parent company Alphabet Inc., Amazon, Microsoft, and Salesforce Inc have also raised a layoffs.
In the San Francisco Bay Area, many tailored engineers carrying high mortgage loans. They are anxious to find new jobs, but the startups are not really recruited.With the increase in interest rates and high -yield investment opportunities outside the technology industry, according to Pitchbook forecast, the venture capital funds attracted by the technology industry will drop to the lowest level since 2015.
Layoffs.fyi data shows that there have been 1167 technology companies layoffs so far this year, with a cumulative reduction of 250,9703 positions, an increase of 57%over the previous year.
Enterprises no longer use expenditure to expand their business, but focus on production products and increase profits faster.Due to the reduction of buyers, even in Salesforce, the king of software sales, sales and marketing staff are not as important as before.
The huge interest in the public and enterprises for generating artificial intelligence has always been the highlight of the technology industry.But so far, this enthusiasm has not made practitioners in this industry a stable position.In fact, it may only make them less important, because big language models are also good at programming, and the quality will only get better and better.
