this post was submitted on 15 Feb 2024
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It’s a dark time to be a tech worker right now (finance.yahoo.com)
submitted 10 months ago by L4s to c/technology
149 comments fedilink hide all child comments
 

It’s a dark time to be a tech worker right now::Nearly 300,000 tech employees have been laid off since last year, data shows.

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[–] Thrashy 11 points 10 months ago* (last edited 10 months ago)

Problem being, because big tech money has so distorted the economies of the cities it's clustered in, many of these people can only choose between finding another tech job ASAP, moving away from their industry to a lower cost metro with limited job opportunities, or imminent homelessness. Driving a forklift won't pay the rent, and commercial real estate is so absurdly priced that there may not even be a restaurant to wait tables at.