1 year ago
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Is the tech bubble bursting again? The layoffs successful Big Tech, which started successful 2022, near galore wondering if this is conscionable the extremity of the iceberg. So, what does this mean for these workers and those aspiring to articulation the tech industry, particularly erstwhile the economical outlook remains uncertain?
Technology is portion of our mundane lives and indispensable for astir societies to function. This expanding dependency has led to monolithic maturation successful the tech assemblage and, with it, a proliferation of precocious paying jobs.
Following the industry's caller struggles, those exorbitant salaries are present being scrutinized similar ne'er before.
"What has happened successful the past 3 to 4 years is the wage for the different non-Big Tech companies person gone up, and galore of the startups are truly upset due to the fact that they can't pain currency astatine those rates," Ben Leong, a prof of machine subject astatine the National University of Singapore, told CNBC.
"The Big Tech companies volition proceed to wage what they utilized to wage – they ever wage a lot," helium added.
"I fishy the maturation successful the median wage volition either stagnate oregon whitethorn adjacent driblet a small bit."
So, is the bubble bursting for tech workers? Watch the video supra to find retired more.
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