Rehiring Laid Off Developers 😱
Most big-tech companies, such as Amazon, Apple, Microsoft, Google, Meta, NVIDIA, and Tesla, are hiring developers again, offering thousands of jobs and exorbitant salaries. Some of these companies notoriously laid off hundreds and thousands of developers over the past couple of years.
Why the layoff? To focus on automation and spurred by the belief that AI would actually be able to do a lot of their junior developers’ jobs.
Why hiring back? Well, it didn’t work out as planned.
Tedeily founder Santiago Valdarrama shared that the founder of a company that let go of most of its developers a year ago, told him: “I think we were too early… things didn’t work out as we had hoped for.”
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