Georgia State University students Kavita Javalagi, left, and Gana Natarajan, second from left, speak with Shetundra Pinkston, during the Startup Student Connection job fair, Wednesday, March 29, 2023, in Atlanta. For the thousands of workers who'd never experienced upheaval in the tech sector, the recent mass layoffs at companies like Google, Microsoft, Amazon and Meta came as a shock.
All of those sectors have signaled on recruiting platforms that they are still hiring software engineers, data scientists and cybersecurity specialists despite the layoffs in Big Tech. It’s a chance for them to level the playing field against tech giants that have long had their pick of the top talent with lucrative compensation, alluring perks and sheer name recognition.
Federal, state and local government tech job postings soared 48% in the first three months of 2023 compared to the same period last year, according to an analysis by tech trade group CompTIA of data from Lightcast, a labor analytics firm. It was a sharp contrast to the 33% decrease in tech job openings during that period in the tech industry, and a 31.5% slowdown in such postings across the economy, according to CompTIA's figures.
After Hector Garcia, 53, was laid off by Meta’s Facebook in November, it didn’t take long for him to be snapped up by Abbott, the Chicago-based global health company, which expects to hire hundreds of software engineers, data architects and cybersecurity analysts over the next years. "The volatility and layoffs of the past year rocked that image of stability and growth,” Cruzvergara said.
Kevin Monahan, director of Carnegie Mellon University’s Career and Professional Development Center, said he first saw a shift last fall before some of the biggest layoffs. More students returned from internships saying that tech companies weren’t extending job offers or return internships at that time.
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