this post was submitted on 30 Jul 2023
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According to layoffs.fyi, the number is closer to a quarter million. There are around 4.4 million devs in the US, so that's something like a sixteenth of the workforce. A 6ish% unemployment rate isn't terrible.
We weathered the .com burst, which probably had much higher rates of layoffs.
I tend to be a pessimist, but I think we're in okay shape. If you're motivated, I think it's a great field to get into.
And let's face it, the bottom 6% could probably barely code.
You may be right about that, but the implication that there is an exact overlap between the least skilled and the unemployed is not true. Plenty of devs got laid off even by the most selective companies.
And they probably got hired by another company. My company layed off devs, and we're currently hiring permanent remote devs.