The End of IT: What the Data Says Recruiters Used to Knock on LinkedIn, Juniors Chose Between Three Offers, and 'Getting into IT' Sounded Like a Life Plan.
The IT job market, once booming with abundant opportunities, is now facing significant layoffs, with over 824,000 individuals losing their jobs in the sector between 2022 and mid-2026. This trend, however, is not unprecedented, as the industry has experienced similar "ends" in the past, suggesting a cyclical nature to these downturns. The data points to a potential crisis, influenced by factors such as venture capital investments, Federal Reserve policies, and the performance of major tech companies. AI