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Contributors›Rachel Neill
RN

CEO, Carex Consulting Group | Founder, Figgy

Rachel Neill

Entrepreneur and co-founder of Carex Consulting Group and Figgy. Passionate about the startup space, scaling companies, raising capital, and women in tech. Find me at rachelneill.com.

1 article
Contributor Brief·Rachel Neill · 1 article
Updated Sep 20, 2022

Tech layoffs mask resilience in fastest-growing employment sectors

Neill argues that while tech sector layoffs dominate headlines, they obscure a more nuanced economic reality: specific software and technology employment areas continue rapid growth despite macroeconomic headwinds. She positions layoffs as a cyclical correction rather than evidence of sector collapse, maintaining that strategic hiring categories remain robust.

42,000

U.S. tech workers cut in 2022 alone

“Layoffs in the tech sector have led the charge, with over 42,000 workers cut in 2022.”

The Fastest-Growing Employment Areas for 2022

Economic signals tracked during 2022 recession fears

Tech sector layoffs9
Recession predictions8
Labor market monitoring7

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38%Tech sector
Tech sector layoffs
Recession predictions
Labor market monitoring

1 article

provided; insufficient data for secondary quantitative insight

There is still plenty of good news…

The Fastest-Growing Employment Areas for 2022

There is still plenty of good news…

The Fastest-Growing Employment Areas for 2022

“Tech layoffs lead, yet fastest-growing employment areas remain robust.”

Themes:Recession-era labor market contradictionsTech sector cyclicality and selective growthLayoff headlines versus underlying employment resilience

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