Tech Layoffs Hit Dot-Com Lows, Forcing Workers to Pivot Careers
• Tech industry layoffs in 2022 were the deepest since the dot-com bubble, leaving workers reckoning with lost job security
• Many laid-off workers have had mixed experiences getting back on their feet, with some returning to old jobs or starting their own companies
• Pay and benefits have declined in tech, and some workers are leaving the industry for jobs in other sectors
• Support groups and career coaching help laid-off techies update resumes and rebuild confidence
• Some use severance packages to launch non-tech startups or finally pursue entrepreneur dreams