Should you be worrying about the layoffs in IT?

Are you concerned about recent rounds of layoffs in the IT industry? While some big tech companies have started to lay off software engineers, it doesn't necessarily mean that it's a sign of a widespread trend in the industry. The author of this article believes that big tech companies were practicing "fake growth" to keep investors happy, and expanding their employee base was just a way to create the impression of growth, not sustainable long-term growth.

While recent layoffs may be concerning, the author argues that it's important to keep in mind that tech companies are still hiring, and it's likely that the industry will continue to grow.

So, if you're currently employed in the IT industry, the recent layoffs may not be a cause for immediate concern, but it's always a good idea to stay informed about industry trends and keep yourself up-to-date with the latest skills and technologies to remain competitive in the job market.

Source: https://automatevalue.com/short/should-you-be-worrying-about-the-layoffs-in-it/