The "White-Collar Recession" in Tech: What Job Seekers Need to Know
Living and working in Silicon Valley, the conversation around the hiring slowdown in tech and other white-collar sectors has been heating up. Many of my clients have been discussing this topic all year. In Aki Ito’s insightful piece for Business Insider, she confirms the challenges job seekers are facing, with hiring in roles like engineering and project management down 20-30% compared to pre-pandemic levels.
As Bloomberg’s The Close and Andrew Barker’s expands on topic, this isn't just about individual struggles—it’s about a systemic shift in the job market and a post-Covid correction.
💡 Key takeaway: The challenges you're experiencing aren’t a reflection of your skills or worth—it’s about the current state of the market. For example, the job search in 2022 looked different than today. Hiring managers are taking longer to make hiring decisions. Now is the time to rethink your job search strategies and lean into resilience.
👉 Read Aki Ito’s article: The "White-Collar Recession"
👉 Watch Bloomberg’s The Close (at 30:51:) Video link
How are you navigating this challenging market? Share your steps and strategies in the comments—I’d love to hear what’s working for you. If you’re struggling, let’s connect. I’m happy to share tips and insights to help you move forward.
