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"Is Now the Perfect Time for CIOs to Grow Their Teams?"
An epic culling of tech jobs by recession-scared big tech companies is chumming the waters for other industries hungry to devour the best of the lot.
Big Tech companies have maintained their mystique (and profits) as the most advanced on Earth by filling their job slots with the brightest talent. But Big Tech’s allure may soon lose its luster after its recent recession-scared epic job culling. According to Layoffs.fyi, 1,046 tech companies laid off 161,061 employees last year in 2022; as of press time, already 424 tech companies have laid off 120,253 employees and counting in 2023. But the waves of tossed tech talent are chumming the water and attracting hungry chief information officers hailing from other industries.
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