Tech Talent Is Flooding the Job Market

Same question I had before: where are the numbers?<p>Seems like some companies are hoping to get great talent on the cheap (and pieces like this are trying to fan the flame of reduced employee costs), but I don&#x27;t believe most of these layoffs affected large numbers of software engineers.<p>Would love for some numbers regarding this, but until I see stats on number of now-available software engineers I don&#x27;t see any reason to believe this piece.

No data to back up the headline? Anecdotally, sure there are a lot of layoffs, but what percentage of the total tech workforce is it? And how does the number of laid-off people compare to the number of existing open positions for devs?<p>According to this[1], there are 3.85mm tech jobs and 193,900 jobs added this year, so overall the industry grew. It reminds me of the people expecting house prices to fall 30% because interest rates went up a little -- there is still a ton of demand compared to the slightly increased supply on the market, so prices won&#x27;t shift that much.<p>[1] <a href="https:&#x2F;&#x2F;www.computerworld.com&#x2F;article&#x2F;3542681&#x2F;how-many-jobs-are-available-in-technology.html" rel="nofollow">https:&#x2F;&#x2F;www.computerworld.com&#x2F;article&#x2F;3542681&#x2F;how-many-jobs-...</a>

For moral reasons, I don&#x27;t want to hire someone who worked at Facebook. For business reasons, I don&#x27;t want to hire someone who was one of the worst performers at Facebook.<p>I expect many of these candidates will be laughed out of the room during the negotiating stage for asking for $300k total comp. The good times are over!

Software engineers looking for a job should consider the chip industry, which is not just about hardware engineers. Plenty of software engineer openings <a href="https:&#x2F;&#x2F;semiengineering.com&#x2F;jobs&#x2F;" rel="nofollow">https:&#x2F;&#x2F;semiengineering.com&#x2F;jobs&#x2F;</a> and many are remote