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ContributorsRachel 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 articles
Updated Sep 20, 2022

Tech layoffs mask persistent hiring demand in software sectors

Neill argues that despite significant tech sector layoffs, structural employment growth continues in software and technology roles, suggesting the recession narrative obscures underlying labor market resilience. She positions layoffs as a cyclical correction rather than evidence of sector-wide decline, pointing to simultaneous hiring momentum in specific high-growth areas.

42,000

tech workers laid off in U.S. during 2022

Layoffs in the tech sector have led the charge, with over 42,000 workers in the U.S. tech market cut in 2022.

The Fastest-Growing Employment Areas for 2022

Contradiction at the heart of 2022 tech labor market

Major layoffs announced across sector8
Recession forecasts dominating headlines8
Fastest-growing employment areas still expanding7
Positive hiring signals identified by experts7

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27%Major layoffs
Major layoffs announced across sector
Recession forecasts dominating headlines
Fastest-growing employment areas still expanding
Positive hiring signals identified by experts

1

article provided; insufficient data for comparative analysis

There is still plenty of good news…

The Fastest-Growing Employment Areas for 2022

The barometer closely watched is layoffs. It's a topic that is top of mind today.

The Fastest-Growing Employment Areas for 2022

As experts predict the U.S. economy could be heading for a recession, the barometer closely watched is layoffs.

Themes:Recession narratives can obscure sector-specific resilience signalsLayoffs and growth coexist in fragmented labor marketsExpert consensus on decline masks granular opportunity in software

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  • AM
    Alex M.·2h agoquestion

    What sparked your research into disruptive innovation?

    Curious what the original insight was that led you to the Innovator's Dilemma framework.

  • SL
    Sophia L.·1d agoidea

    Would love a deep-dive into EdTech adoption barriers.

    Your framing of sustaining vs. disruptive innovation feels directly applicable to school systems.

  • DR
    David R.·3d agoquestion

    How do you see AI changing the personalized learning landscape?