Layoffs, Cost-cutting Shatters IT Worker Confidence

Technology worker confidence declined significantly due to layoffs and a weak job market, as reported by Glassdoor, with tech sentiment dropping over seven percentage points year-over-year, the largest decrease across all sectors. Only half of tech workers reported a positive outlook. Contributing factors include increased layoffs, regulatory issues, and economic uncertainty, which raised IT unemployment to 3.8%. Leaders must support employee engagement and career growth amidst these challenges.

https://www.ciodive.com/news/glassdoor-technology-hiring-sentiment-AI/814373/

Scroll to Top