Tech Layoffs and Job Market Nuance
Tech layoffs hit 157k YTD, surpassing 2025 total, with California as epicenter. ServiceNow cuts nearly 300 jobs in Silicon Valley, adding to the 'forever layoff' narrative. However, CompTIA reports 47k new tech jobs, unemployment at 2.9%, and AI is a net job creator. Ford rehiring 350 engineers after automated layoffs backfired. Nuance is key for young pros navigating career anxiety.
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Updated Aug 1, 2026