It may feel like the current rash of tech layoffs started with Twitter, but they did not. Twitter was just loud about it.
Challenger, Gray & Christmas, an outplacement firm, track terminations, and in 2022 tech led the way, with 97,171 job cuts, up 649% from 2021. So Twitter’s 3,000 to 4,000 employees and 4,000 to 5,000 contractors who were laid off are significant, but certainly not the biggest group of layoffs.
TechCrunch has a searchable database of layoffs in tech companies, and although many organizations’ totals are listed as “unclear,” it shows how many tech companies have laid off people in 2022. (For inexplicable reasons, if you sort by number of terminations, it sorts numbers as if they were letters. So 1, 100, and 10,000 all come before 2.)
In other words, many people who used to work in tech are now (presumably) on the job market. How does that affect recruiting? Is there a smorgasbord of new talent that employers can snap up quickly, or is finding the right candidates still as hard as ever?
To keep reading, click here: Tech Layoffs Should Make Tech Recruiting Easier. So Why Isn’t It?