This is a most excellent place for technology news and articles.
Tech is a cost center (in most cases) not a revenue center so despite us being an invaluable resource, IT jobs are generally the first cut when investors need to be paid
I wonder if it isn't a symptom of things going from high competition environment between new internet services and older stuff like cable to more established systems of revenue which don't have as much incentive to compete for workers or market share. So maybe that's the end result of approaching monopoly.
They overhired during the pandemic adding to already bloated teams which could be made cost efficient during low prime-rate times. The tech job market is correcting back to proper levels. Schools and programs churning out new tech workers are contributing to this massively over populated job space.
Greed
Holy fuckballs. The economic illiteracy in this thread is shocking. We need civics and economics taught in highschool.
Blame AI and share prices.
