How tech went from mass layoffs to a talent chasm

Estimated reading time: 5 minutes

Why are tech companies struggling to fill positions, despite a well of talent available in the industry? 

When the 24-year-old AI researcher Matt Deitke accepted a $250 million job offer from Meta earlier this summer, the deal made international headlines. It also heralded a new reality: after years of nonstop tech layoffs, technologists are suddenly pocketing paychecks on par with NBA stars. 

The other side of that coin, however, is that employers are finding there simply aren’t enough qualified workers to go around – all thanks to the AI boom.

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