Belinda lost a dream job at Twitter in the ‘tech wreck’. This is what it means for her, and other workers in Australia.
Twitter was just one of the most high-profile tech companies to announce mass layoffs in the past year, a trend that has been dubbed the 'tech wreck'.
Mark43, a US company that builds online platforms for public safety organisations like police, fire or other emergency services, made its entire Australian office redundant at the end of June. "On average it took people like two to three months [to find new jobs], which isn't too bad because the company also gave us three months of severance," he said.But Gary believes there is a sense of concern among tech workers in Australia due to the current economic climate and the fact that many of the bigger companies - like Atlassian for example - had also put in place hiring freezes or slowed down hiring.
"Right now, no one's like potentially looking for a new job, they're just trying to hunker down at the job that they have," he said. "We were incredibly privileged to have the benefit of IVF support ... we used that benefit and I acknowledge how lucky that makes us," she said. "I'm scared I won't find a job that I love, I was wonderfully, beautifully blessed to have a job that I loved doing every day."I think I'm in mourning for a job that I had but that job doesn't exist anymore," she said.
According to tech site Layoffs.fyi, around 235,000 industry employees have lost their jobs in the US since the beginning of 2022.In Australia, he had heard of some businesses letting go of dozens of people but not a big tech player letting go of thousands. Salesforce may be the biggest - it laid off 8,000 employees worldwide in January - although exact numbers locally are unclear.
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