23 min listen
What Happens Now to All the Laid Off Tech Workers?
FromOdd Lots
ratings:
Length:
54 minutes
Released:
Feb 13, 2023
Format:
Podcast episode
Description
The US labor market looks rock solid. The unemployment rate is at its lowest level in 50 years, while layoffs continue to trend downward. But there's one glaring exception and that's the tech industry. Nearly every major tech company has announced layoffs in the last few months, which is exactly the opposite of how things played out over the last decade, when the sector was a bright spot in an otherwise sluggish job market. So what's going on? Why now? Who is getting cut? And will these tech workers quickly find new jobs? Can they apply their skills to the burgeoning AI space? On this episode of the podcast, we bring back Patrick McKenzie, the author of the Bits About Money newsletter, who previously worked at Stripe for six years. He talks about the current trends in tech employment and why it's still a good idea to become an engineer.See omnystudio.com/listener for privacy information.
Released:
Feb 13, 2023
Format:
Podcast episode
Titles in the series (100)
Episode 5: 6,000 Years of Interest Rates: Episode 5: 6,000 Years of Interest Rates by Odd Lots