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February 2024 US Labor Market Update: Tech Jobs May Be Below Pre-Pandemic Levels, but In-Person Sectors Holding Steady

High-profile tech layoffs are making news, but are not echoed across the job market as a whole. Key Points: Tech-related job postings are 25% below pre-pandemic levels, declining 2.7% in the last three months. Postings in sectors with a high share of remote-eligible roles have declined as well, falling to 8% below pre-pandemic baselines, while …

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Continue Reading... February 2024 US Labor Market Update: Tech Jobs May Be Below Pre-Pandemic Levels, but In-Person Sectors Holding Steady
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Austin-based Indeed to lay off 1,000 employees amidst tech downturn

The Austin-based job search company Indeed will lay off approximately 1,000 employees—or 8% of its workforce—according to a May 13 announcement. In the announcement, Indeed CEO Chris Hyams said the layoffs will mostly affect U.S. employees across different regions, but a company representative declined to comment on how Austin offices, including the global headquarters downtown, …

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Continue Reading... Austin-based Indeed to lay off 1,000 employees amidst tech downturn
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Ex-Indeed employee talks about the challenges of finding new tech job

AUSTIN (KXAN) — Hundreds of Indeed employees are now without a job. Some of them are right here in Austin. The employment company announced mass layoffs on Monday. PREVIOUS COVERAGE: Indeed announces layoffs for 8% of staff, just over a year after its last layoffs Indeed is letting go of roughly 8% of its staff, …

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Continue Reading... Ex-Indeed employee talks about the challenges of finding new tech job
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Tech company settles with DOJ over Whites-only job posting on Indeed

Arthur Grand Technologies Inc. has reached an agreement with the Department of Justice after posting a discriminatory job posting, the DOJ announced. The Department of Justice said Arthur Grand violated the Immigration and Nationality Act by posting a discriminatory job advertisement in March 2023. The ad said the company was seeking a business analyst who …

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Continue Reading... Tech company settles with DOJ over Whites-only job posting on Indeed