Are you looking for a new opportunity in the tech industry?

If so, you might be in luck!

According to Bernstein Research, the tech job recession is over and the hiring market is picking up.

A couple of months ago, we reviewed Layoffs.fyi report and discussed if we really should be  concerned with the recent tech industry layoffs.

The latest data from Trueup.io shows that tech layoffs have dropped remarkably in August, compared to the previous months when the industry faced more than 300,000 job losses.

The chart below shows a significant drop in tech layoffs, especially in the last three months.

This is a sign of recovery and optimism for the tech sector, which has been hit hard by the pandemic and the economic downturn.

One of the main drivers of this turnaround is the generative-AI boom, led by companies like OpenAI, which have raised billions of dollars this year and are hiring at a rapid pace.

OpenAI alone has 60 open roles on its careers website. Opportunities include engineers and AI specialists.

Other big tech companies, such as Meta and Amazon, have also stopped cutting jobs and have started to rehire some of the workers they let go earlier this year.

This shows that they are confident in their future growth and are ready to invest in their talent.

If you are interested in joining these exciting companies or exploring other opportunities in the tech industry, now is the time to update your resume and start applying.

The tech job market is heating up. Take advantage of this time to find yourself great opportunities in the tech industry.