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by rafiki6 1304 days ago
I just want to say I find it very enlightening to see my previous post have dual interpretations because I wasn't precise. It really explains why ancient literature can cause so much grief!

To clear it up, I did mean that despite the massive increase in workers, with today's layoffs most of them have not yet reverted back to their pre-pandemic 2019 headcounts.

Where did all of these workers come from? Overall as an industry we did not actually substantially increase our headcount. We're about at par. Why?

- People did retire/leave the industry due to 2020 layoffs/Covid - Big tech, who had the largest "influx" actually just vacuumed people from other non-big tech (e.g. banks, mid-size, startups, etc.) - Much of the headcount growth was actually in non-technology positions, especially HR, marketing, sales etc. because many companies wanted to capitalize on pandemic growth