How much have tech layoffs affected engineers vs. other departments?
This is likely to be the recession that halts the rapid inflation in tech wages.Rising risk free rate has hit growth companies the hardest, and there are likely to be a large swath of layoffs right as we have tons of people bootcamping and switching into the industry.Supply and demand of labor in tech will enter balance for the first time since ~2010. The FFR is looking to have a reasonable chance to go to 5% at this point, so the pain isn’t even close to being overGet used to not being special like pretty much every other industry