{"id":999693898,"date":"2016-04-21T18:16:00","date_gmt":"2016-04-21T18:16:00","guid":{"rendered":"https:\/\/wpstage.dice.com\/?p=4191971"},"modified":"2016-04-21T18:16:00","modified_gmt":"2016-04-21T18:16:00","slug":"layoffs-dont-mean-tech-industry-weakness","status":"publish","type":"post","link":"https:\/\/dicepilot.npgdev.com\/hiring\/recruitment\/layoffs-dont-mean-tech-industry-weakness","title":{"rendered":"Layoffs Don’t Mean Tech-Industry Weakness"},"content":{"rendered":"

Is the technology industry experiencing some jobs weakness? Tech companies have declared a combined 72,333 layoffs in the past twelve months, according to a new report from Challenger, Gray Christmas. But don\u2019t take that as a sign of trouble for the industry as a whole. \u201cIt would be wrong to assume that increased job cuts are a sign of weakness in the tech sector,\u201d John A. Challenger, CEO of the firm, wrote in a statement accompanying the data<\/a>. \u201cThe simple fact is that the industry is going through a transformation and companies either have to shift their focus or risk extinction.\u201d Enterprises that have eliminated thousands of jobs over the past year include Hewlett-Packard, Dell, Intel, and Microsoft. Yahoo has also cut positions<\/a> (tip for managers: don\u2019t refer to layoffs as a \u2018remix,\u2019 unless you want to face a lot of negative press.) Those firms, which represent the \u201cold guard\u201d of the tech world, have attempted to reinvent themselves as cloud-first, mobile-first companies supple enough to compete with even the most aggressive startups. The downside of such reinvention, of course, is that it demands the winnowing of legacy businesses. Meanwhile, the unemployment rate for the tech industry as a whole remains low, and companies continue to hunt for tech pros with the right mixes of development and management skills. Experienced professionals are just as much in demand as ever, necessitating a hard and savvy push from recruiters and employers who want to enlist them in their ranks.<\/p>\n","protected":false},"excerpt":{"rendered":"

Is the technology industry experiencing some jobs weakness? Tech companies have declared a combined 72,333 layoffs in the past twelve months, according to a new report from Challenger, Gray Christmas. But don\u2019t take that as a sign of trouble for the industry as a whole. \u201cIt would be wrong to assume that increased job cuts […]<\/p>\n","protected":false},"author":132,"featured_media":999880424,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2155],"class_list":["post-999693898","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-hiring-candidates"],"acf":[],"yoast_head":"\nLayoffs Don't Mean Tech-Industry Weakness - Dice Hiring<\/title>\n<meta name=\"description\" content=\"Is the technology industry experiencing some jobs weakness? 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