The hidden upside of tech layoffs

Dec 14 2022 by Business Insider

 
Most laid-off tech workers are finding new jobs within three months — and their ability to bounce back underscores just how strong the job market still is.

Tyler Le/Insider

Laid-off tech workers are landing new jobs fast — and even scoring raises. How is that possible?

Austin Smith was given the news not long after he walked into the office one morning in June. His employer, Netflix, was laying off some 300 employees. Smith, a data analyst in Salt Lake City, was one of them.

In a state of...

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