Communications of the ACM
Just 9% of Tech Workers Feel Secure About Their Jobs
Online discussions of layoffs and hiring freezes doubled in the first quarter of 2022.
Credit: AdMonsters
Just 9% of tech workers are feeling confident in their job security, according to a June survey from Blind, the anonymous professional networking site.
The fears are fueled by months of headlines about hiring freezes, job offers being rescinded, and mass layoffs from burgeoning upstarts and tech giants alike.
The lack of confidence marks a stark shift from just months ago, says Rick Chen of Blind. In March, some 80% of tech workers were confident in the job market and were considering looking for a new job.
The pessimism stands in contrast with a still-hot labor market. "Companies are still hiring, and the people we're placing are being snapped up in weeks," Chen says. As of June, 64% of tech leaders say it's getting harder or significantly harder to find skilled workers for their open job positions, according to a CNBC survey.
From CNBC
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