The past two years have been rough for the tech world. Massive layoffs. Hiring freezes. Projects shelved. Even the most talented engineers and PMs started asking:
“Is tech… dying?”
The truth? Tech isn’t dying. It’s evolving. Let’s unpack what’s really happening — and when the rebound could start.
📉 Tech Layoffs: The Harsh Reality
Since 2023, more than 300,000 tech jobs have been cut. Big names like Google, Meta, Amazon, Microsoft, and Salesforce led the wave. Even “recession-proof” sectors like cybersecurity and cloud saw cuts.
Why is this happening?
Overhiring hangover from the pandemic (2020–2022)
Investor pressure to prioritize profits over growth
AI automation replacing roles (especially junior & ops roles)
Duplicated orgs post-acquisitions & AI integrations
Global macro shifts: interest rates, shrinking VC funding, policy uncertainty
Many companies used this moment to “reset” — not just reduce.
🧭 So… When Will Tech Boom Again?
Despite the gloom, there are strong signals that a new boom is brewing — just not in the same form.
Developer tooling & infra (esp. around GenAI, LLM deployment)
Vertical SaaS: AI applied to specific industries (healthcare, finance, legal)
Climate tech and alt-energy software
Cybersecurity, especially AI-augmented
🕰️ Timeline Outlook:
Late 2025 – 2026 is the likely “lift-off window”
IPO pipeline reopening (Databricks, Stripe, etc.)
AI startups absorbing top talent
Infrastructure investments by Google, Amazon, Nvidia ramping up
📊 VC activity is returning:
Sequoia, a16z, and YC have re-shifted toward AI-native bets
Funds are going into lean, high-leverage teams over large headcount burns
Tech Rebuilding Itself
👀 What It Means for You
If you were laid off — or stuck in a frozen company — you’re not alone. But you’re also not powerless.
Here’s how to prepare for the next wave:
Action
Why It Matters
Tailor your resume to every role
Generic = ignored. Tailored = shortlisted.
Build public proof (GitHub, writing, projects)
Portfolios > Titles in the AI age
Stay active on LinkedIn + Reddit
Jobs & referrals are backchannel-first now
Apply consistently, not emotionally
Timing is luck — but volume builds outcomes
Join communities in emerging sectors
The next unicorns won’t be on TechCrunch yet
🚀 TL;DR
Yes, tech is laying off. But tech is also rebooting. What we’re seeing is the end of the bloated, “growth at all costs” era — And the rise of leaner, smarter, AI-powered teams.
The next boom is already being built — just not loudly.
Your job? Stay sharp. Stay visible. Never stop applying.
👉 Ready to track and tailor smarter? Try Resumemo — your AI Job Agent, built for what’s next.
Leave a comment