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U.S. Tech Layoffs Hit Two-Decade High in October (thefivepost.com)
submitted 11 months ago by to c/technology@lemmy.world
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cross-posted from: https://ttrpg.network/post/28484448

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[–] 47 points 11 months ago (5 children)

The company I work for, which is a large publicly traded tech company, feels like a Darwinian hell right now. There’s an internship and a handful got hired out of it, but that was more the exception than the rule.

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  • [–] 40 points 11 months ago (4 children)

    Honestly same thing here. They didn't even do internships anymore.

    They don't seem to be hiring anyone that's not a senior engineer either.

    They also have been regularly laying off folks every year or more than once a year but not backfilling. So workloads are up.

    Couple of this with them freezing promotions and now they're risking high performers leaving because they aren't being considered and rewarded for their contribution levels and engagement.

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