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This video explores why tech companies post record profits while laying off thousands. We break down the paradox of the tech job market, where Meta's stock soared 194% while cutting 21,000 jobs. Discover how the end of zero-interest rates, an oversaturated education pipeline, and "golden handcuffs" from stock compensation created a perfect storm in tech employment. While traditional paths to FAANG companies narrow, we explore where new opportunities are emerging in AI, startups, and traditional industries going digital. Whether you're a current tech worker, aspiring to enter the field, or just curious about where the industry is headed, this analysis helps make sense of tech's seemingly contradictory job market.
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*Timeline*
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00:00 Tech Unemployment Crisis
02:57 Bootcamps & Masters Hiring
06:27 No One Wants to Leave their Jobs
08:31 AI & Outsourcing Trend
10:56 New Era
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#techunemployment #techlayoffs #futureofwork #techindustry #techjobs #techcareers