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Personal Opinion: Is Tech Collapsing… or Just Changing Lanes? Why 30,000+ Tech Jobs Say “We’re Good”

Our Chief Data Officer breaks down what’s happening in tech hiring and why it’s more of a reshuffle than a crisis.

Is Tech Collapsing… or Just Changing Lanes? Why 30,000+ Tech Jobs Say “We’re Good”

You’ve seen the headlines. “Mass layoffs at Microsoft!” Gloom! Doom! Hide your keyboards and start learning how to whittle spoons in the woods.

But hang on. What if tech isn’t spiralling… but just pivoting? Stretching. Rebalancing. Maybe even, dare we say it, growing in new directions?

Let’s get nerdy with some fresh data (don’t worry, it’s the juicy kind).
From the desk of Chief of Data @ Glozo (yep, that’s me):

In the first two weeks of May 2025:

Salary levels continue to hold steady, even in a shifting market:

Software Jobs in May 2025Engineer Salaries by Tech SkillAverage Software Engineer Salaries

So what are we seeing here?
Not a tech exodus. Not an extinction event. Just a reshuffling. A talent remix.

But… Layoffs Still Suck, Right?

Absolutely. Layoffs are tough. It can feel like a gut punch for the humans behind the numbers. This isn’t about dismissing that. It’s about zooming out.
Because when we look beyond the headline-grabbing layoffs, the industry is not shutting down. It’s refocusing. New teams, new priorities, new tools, new missions.
And that’s not a signal of collapse, it’s a signal of evolution.

Love you all,
Anton Drozdov
Chief of Data @ Glozo