The article discusses the declining state of the tech job market, highlighting the growing influence of AI in hiring practices and the trend of companies offshoring operations while simultaneously reporting strong profits. With many employers expecting employees to upskill at their own cost, it paints a bleak picture for workers who feel pressured by increasing qualifications and job insecurity. Notably, almost half of job postings are classified as 'ghost jobs,' indicating a lack of transparency in recruiting, particularly in the competitive tech sector.
The tech industry is finally cooling down, and as companies report record profits while offshoring, workers face increasing training demands amidst job insecurity.
Employers are pushing the costs of training onto workers, expecting them to meet a growing list of qualifications in a competitive landscape.
Trends show an increased use of AI in hiring, with up to 50% of online job postings classified as 'ghost jobs,' leaving applicants in the dark.
The corporate tech landscape is a race to the bottom where only those at the top are secure, leaving many at risk of layoffs.
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