TECH JOBS HAVE DRIED UP — AND AREN'T COMING BACK SOON

Summary from the TLDR newsletter

Once fought over by companies, tech talent is now competing for scarce positions. The reversal of fortunes signals a reset in an industry adjusting its labor needs. Job postings are down and industry layoffs have continued this year. Companies are shifting their strategies to focus on revenue-generating products and services, pulling back on entry-level hires, cutting recruiting teams, and shutting down projects and jobs that aren't huge moneymakers.