this post was submitted on 04 Jun 2024
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I mean it's barely a cover. People were predicting a slowdown in white collar jobs soon in spring of 2022. It was a weird time because the job market was still hot, but the covid era demand that created a lot of tech jobs clearly receded. Layoffs started like that fall. I remember someone leaving my company for amazon and amazon axed the entire division like a week later. Like I think people forget fear of a recession, one disproportionately hitting white collar workers, and tech layoffs predate even chatgpt 3.
Edit: every management update we received that year was about a recession, potential layoffs, and becase I worked in marketing how to deal with client expectations because almost every one of them had dropping revenues relative to 2020 and 2021.