Computer Science Students Face a Shrinking Big Tech Job Market

[BlueWaveNeverEnd]

Computer Science Students Face a Shrinking Big Tech Job Market
A new reality is setting in for students and recent graduates who spent years honing themselves for careers at the largest tech companies.



Ever since she was a 10th grader in Seattle, Annalice Ni wanted to develop software for a prominent tech company like Google. So she went to great lengths to meet the internship and other résumé criteria that make students attractive hires to the biggest tech firms.

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Then last month, Meta laid off more than 11,000 employees — including Ms. Ni.

“I did feel very frustrated and disappointed and maybe a bit scared because all of a sudden, I didn’t know what to do,” Ms. Ni, 22, said of her unexpected career setback. “There’s not much I could have done, especially in college, more than I already did, better than I already did.”


Over the last decade, the prospect of six-figure starting salaries, perks like free food and the chance to work on apps used by billions led young people to stampede toward computer science — the study of computer programming and processes like algorithms — on college campuses across the United States. The number of undergraduates majoring in the subject more than tripled from 2011 to 2021, to nearly 136,000 students, according to the Computing Research Association, which tracks computing degrees at about 200 universities.

https://www.nytimes.com/2022/12/06/technology/computer-students-tech-jobs-layoffs.html

But now, layoffs, hiring freezes and planned recruiting slowdowns at Meta, Twitter, Alphabet, Amazon, DoorDash, Lyft, Snap and Stripe are sending shock waves through a generation of computer and data science students who spent years honing themselves for careers at the largest tech companies. Tech executives have blamed a faltering global economy for the jobs slowdown.

[SWBTATTReg]

1. Have patience, students. The markets and consumer demand will demand new software development,

perhaps also in hardware development to support new applications. As the markets for software and / or hardware exploded over the last 10 or so years, many new areas are being explored and perhaps software (new or revised) can revolutionize old areas/develop new areas totally not conceived of before. Many companies that perhaps had not implemented software solutions before might be tempted now, if pricing drops enough.