The layoffs are here for those who chose to 'learn to code'
Coding jobs have long been equated with job security in the tech industry. But for those who chose to"learn to code,"Software engineers may be some of the first employees to go, according to data from Revelio Labs, a company that compiles publicly available-workforce data.
Of the estimated 170,000 layoffs across the tech industry this year, software engineers represented nearly 20% of cuts, despite making up 14% of employees, per data from Revelio Labs.the data showed in the fall of 2022"Earlier layoffs were focused on future hiring. Recruiters and HR were overrepresented in those earlier layoffs," said Ayas, who led the recent study.
This shift also signals a change in focus for company layoffs, Ayas said. While layoffs were previously focused on the future of hiring, by targeting engineers, companies are now focusing layoffs on current business priorities and product priorities, she said.last September, which found that recruiters were overrepresented in layoffs by nearly 8%, compared to other positions. Then, software engineers were overrepresented in layoffs by nearly 4%.
Recently laid-off workers searching for highly-skilled, high-paying positions may also face greater difficulty navigating new jobs. After being
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