Ask HN: How to track tech jobs market changes

6 points by pbhowmic 4y ago ↗ HN

It's no secret that the tech sector is getting hammered, both publicly traded companies and privately held ones, startups and established companies alike and I am beginning to hear a steady trickle of news of jobs being cut, hiring freezes and even offers being rescinded. I thought it useful to get a thread going here to track what changes your respective companies are making to headcounts and hiring.

3 comments

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pbhowmic 4y ago ↗

To get things started, Wayfair has a 90-day hiring freeze. https://fortune.com/2022/05/17/wayfair-freezes-hiring-90-day... No talk yet of reduction in force. That was then. The stock has taken a beating bigger than the NASDAQ since the announcement so who knows what's coming down the turnpike.

altdataseller 4y ago ↗

layoffs.fyi tracks layoffs.

jstx1 4y ago ↗

It shows how fragile and volatile the whole space is - going from massive hiring to freezes (layoffs next) in such a short period of time.

I also wonder about these hiring freezes - how are they planning to replace leaving employees? Every company has some % of turnover especially software companies. Are they still going to hire on a team-to-team basis or are they going to allow their headcount to shrink naturally (maybe that's desirable in these circumstances, I don't know)?