Jack and Rick Take on Recent Claims of the Tech Job Market's Collapse

The Blind Ambition with Jack Kelly

Jack Kelly and Rick Chen investigate whether recent news reports of tech jobs disappearing are accurate. Rick explains that the tech industry isn't one of the hardest-hit industries by job cuts and casts some doubt into the methodology of how reporters and their sources count jobs and job losses. He also shares how some companies have slowed hiring without enacting hiring freezes.

Jack shares his reporting about the AI industry and why every company wants to say they are hiring AI jobs. He also covers the growing trend of companies outsourcing some jobs to other countries where compensation can be lower than in the U.S. and whether it should be a cause for concern for Americans.

Finally, we examine why job interviews have gotten longer, especially in the tech industry, and how tech roles have changed to become more specialized. Jack and Rick then share advice about how professionals might avoid layoffs by returning to the office or find greater success in the job market by adjusting their expectations.

⁠https://bit.ly/blind-podcast

https://www.forbes.com/sites/jackkelly/2024/09/23/why-the-once-mighty-tech-career-is-no-longer-safe/

https://www.wsj.com/tech/tech-jobs-artificial-intelligence-cce22393

https://www.forbes.com/sites/jackkelly/2024/09/24/american-consumer-confidence-plunges-as-the-job-market-weakens/