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A comment on IT Unemployment Rises to 5.7% as AI Hits Tech Jobs. Parent comment

Re:IT Unemployment Rises to 5.7% as AI Hits Tech Jobs by myth_drannon on Tuesday February 11, 2025 @01:16PM (#43016126)
According to the article, the overall unemployment rate is 4%. So something is happening with IT jobs, not the economy. I call it bullshit that it's the AI, it's the outsourcing/remote jobs
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Re:IT Unemployment Rises to 5.7% as AI Hits Tech Jobs by Spooky23 on Tuesday February 11, 2025 @02:01PM (#43016805)
Companies overhired during the pandemic. Big companies hired people to deny their competitors employees.

Also as you flatten organizations and use cloud services you can discard lots of people. Every large company had a storage team. I worked for a big company that probably had 250 FTEs just running storage. Not anymore.

There’s also a ton of uncertainty in the US. Everyone is banking on a significant correction.

[ Parent | on HN ]