Tech Industry Imploding?
Summary
TLDRIn this video, the speaker discusses the current state of the IT job market in 2024, highlighting that despite perceptions of oversaturation and layoffs, the industry remains consistent with its cycles of hiring and layoffs. The speaker emphasizes the importance of networking and community engagement over traditional job application methods, and encourages viewers to actively participate in online communities and events to stand out. They also challenge the narrative that the IT industry is in a unique downturn, drawing parallels to previous years and stressing the need for persistence and adaptability.
Takeaways
- 😀 The IT job market in 2024 exhibits a consistent cycle of mass hirings and layoffs, similar to previous years.
- 🎓 The speaker's early experiences in IT were met with discouragement from pursuing formal education, but they persisted and succeeded.
- 🗓 Despite the perception of an oversaturated market, the IT field continues to offer opportunities for those who actively engage with the community.
- 💻 The speaker emphasizes the importance of networking and community involvement over simply applying to job postings.
- 🔗 Joining Discord servers and engaging with IT communities like Antiphon Training can provide valuable insights and support.
- 📊 The use of resources like layoffs.fyi helps track job market trends and understand the scale of layoffs in the tech industry.
- 📈 While layoffs are a reality, the IT industry's overall health is not solely defined by these events, and opportunities still abound.
- 🚀 The speaker shares a personal story of applying to over 4,000 jobs to land the first IT position, illustrating the competitive nature of the field.
- 🌐 The shift to remote work has changed the job application process, with virtual interviews becoming the norm.
- 📝 Creating content, such as blogs and documentation, and sharing one's learning journey can help individuals stand out in the competitive IT job market.
Q & A
What is the main theme discussed in the video script about the IT job market?
-The main theme discussed is the cyclical nature of the IT job market, with periods of mass hirings and layoffs, and the importance of persistence and community engagement for job seekers.
What advice was given to the speaker when they were 16 years old regarding pursuing IT?
-The speaker was advised by people they knew not to pursue college for IT, as it was considered oversaturated and not promising at that time.
How has the speaker's experience in the IT field been over the past 24 years?
-The speaker has experienced the consistent ebb and flow of the IT industry, with mass hirings and layoffs happening frequently over the 24 years they've been in the field.
What resource is recommended for staying updated on tech company layoffs?
-The resource recommended is layoffs.fyi, introduced by Jerry Oer from Simply Cyber.
How many tech companies had laid off employees by the time discussed in the script, and how many people were affected in 2024?
-By the time discussed in the script, 412 tech companies had laid off 134,000 people in 2024.
What was the speaker's perspective on the job market in IT during the COVID-19 pandemic?
-The speaker indicates that the job market in IT during COVID-19 was not fundamentally different from other years, with the same competitive nature and the need for persistence.
What story did the speaker share about their friend Paul to illustrate the challenges of entering the IT job market?
-The speaker shared a story about Paul, who had to apply for over 4,000 jobs before securing his first job in cybersecurity, emphasizing the competitive nature of the field.
What is the significance of the speaker's mention of the change in job application processes due to COVID-19?
-The speaker highlights that the shift to remote work and online applications has made it more important for job seekers to be proactive and engaged with the IT community to stand out.
What strategies does the speaker suggest for job seekers to improve their chances in the IT job market?
-The speaker suggests job seekers should actively engage with the community, join online platforms like Discord, create content, and share their learning journey to be discovered and remembered by potential employers.
What is the speaker's stance on the current state of the IT industry in 2024 compared to previous years?
-The speaker believes the IT industry in 2024 is not significantly different from previous years, with the same patterns of hiring and layoffs, and advises not to be discouraged by news hype.
What challenge does the speaker issue to viewers regarding their approach to the IT job market?
-The speaker challenges viewers to ignore the hype around job markets, to be proactive in their job search by engaging with the community, and to take extra steps beyond just filling out applications.
Outlines
💻 The IT Job Market in 2024: A Cyclical Reality
The speaker reflects on the current state of Information Technology jobs in 2024, drawing from their 24 years of experience in the field. They recount their early interest in IT in 2000 and the advice they received against pursuing formal education due to market saturation. Despite this, they persisted in their passion for IT and have witnessed consistent patterns of mass hirings and layoffs over the years. The speaker emphasizes that the IT industry's cyclical nature has not changed significantly and encourages those interested in IT to join their Discord server for further discussion and support.
📉 Layoffs and Job Opportunities: The IT Landscape
The speaker discusses the perception of layoffs in the IT industry, noting that while large-scale layoffs at major organizations make headlines, they are part of the industry's natural ebb and flow. They reference the website layoffs.fyi to highlight the number of tech companies and jobs affected by layoffs in 2024 compared to previous years. The speaker stresses that despite these events, the IT industry remains competitive with many job opportunities available. They advise job seekers to actively engage with the community, utilize online platforms, and create content to stand out in the competitive job market.
🚀 Overcoming Challenges in IT: A Constant Pursuit
In the final paragraph, the speaker reiterates the cyclical nature of the IT industry, emphasizing that layoffs and hirings are a constant part of the landscape. They encourage aspiring IT professionals not to be discouraged by news of layoffs or the competitive job market. The speaker shares a personal challenge to create more content and concludes by urging viewers to take proactive steps in their job search, such as networking and showcasing their skills, to succeed in the IT field.
Mindmap
Keywords
💡Information Technology (IT)
💡Career Field
💡Cyber Security
💡Layoffs
💡Remote Work
💡Discord Server
💡Job Market
💡Competitive Field
💡Networking
💡Job Applications
💡Hustling
Highlights
The IT job market in 2024 is experiencing a mix of mass hirings and layoffs, similar to previous years.
Despite advice against pursuing IT education in 2000, the speaker's interest led to a 24-year career in the field.
The speaker encourages joining the antiphon training Discord server for IT and cybersecurity questions.
Layoffs.fyi is recommended as a resource to track tech company layoffs.
In 2024, 134,000 tech jobs have been laid off, compared to 264,000 in 2023 and 165,000 in 2022.
The perception of a poor job market in IT is not new and has been a consistent theme over the years.
The story of Paul, who applied to over 4,000 jobs before landing a cybersecurity position, illustrates the competitive nature of IT.
The IT industry is characterized by a cycle of layoffs and hirings, which is not unique to 2024.
The importance of community involvement and networking for job seekers in IT is emphasized.
Remote work has changed the job application process, with more interviews being conducted online.
The speaker advises against relying solely on job applications and encourages proactive community engagement.
Creating blogs and sharing learning journeys can help job seekers stand out in the competitive IT field.
The IT industry's state in 2024 is compared to previous years, with the speaker arguing there is no significant difference.
The speaker challenges viewers to ignore hype and focus on proactive job search strategies.
The video concludes with a call to action for IT job seekers to change their approach and utilize available resources.
Transcripts
today we're going to talk about the
current state of Information Technology
jobs what's going on in the career field
right now it's 2024 is it any different
than any other year the truth is yes but
also no I've been involved in the IT
world for the last 24 years pretty much
and I can remember way back in 2000 I
was 16 years old was really interested
in it I was building my own websites at
that time and I had asked people who I
knew that had a good grasp on the world
of it at that time hey should I pursue
uh college for it and every single one
of them said no everybody that I talked
to said no don't go to school for it it
is oversaturated it's not going to be
good for you thankfully I didn't listen
to them well I listen to part of it
because I didn't go to college but I did
pursue my interest in it and here I am
24 years later still working in this
field and I can tell you through the
last 24 years the es and flows that you
see within the world of Information
Technology happen consistently it might
not happen year after year it might
happen a few years apart but there has
been this consistency in the world of
technology there's Mass hirings there's
Mass layoffs and it happens all the time
and it's happened many times over the
last 24 years that I've seen that I've
experienced before I forget and we go
any further I want to make sure that I
mentioned to you all if you have any any
questions at all about getting in it
cyber security other specific areas
within the Information Technology field
and you just don't feel like you're
getting the right answers I would
encourage you to join us every single
Tuesday on the antiphon training Discord
server it's at 11:00 a.m. Central
Standard Time every Tuesday we get
together with myself I host it along
with some of our trainers and other
staff from antiph and training and black
hills information security and we help
answer questions that you all have
everybody is is more than welcome
literally like everybody is more than
welcome to join this and if you have any
questions about it and security like I
said please please join us and we would
encourage you to ask your questions hang
out with us every Tuesday go check it
out I'll put a link in the description
let's talk more about the job market CU
you know that's what you're here for and
I know every that you see when you look
out on the Googles and the the YouTubes
and listen to the news or whatever
there's layoffs happening constantly and
Cisco is laying off thousands of jobs
well if we really want to see who's
actually laying off jobs and it's
actually a pretty good resource to stay
up to date with this uh Jerry oer good
friend of ours from Simply cyber if you
haven't checked him out definitely go
check out that guy because he's amazing
he introduced me to layoffs.fyi
great resource to stay up to date with
what's going on and it says
412 tech companies have laid off wow 134
th000 people in 2024 let's go back to
2023 wow 2023 had 264,000 layoffs 2022
165 so as you can see 2024 so far we you
know more than halfway through uh the
year 134,000 Jobs still not even close
to 264,000 will we get there who knows
but it's not the worst that we've ever
seen and that's the point that I want to
make because it seems seems like and I
don't know if this is just my feeds or
what I'm seeing from people or people
that I'm connected with what have you
that the industry sucks and that there's
no jobs and there's all these layoffs
and it's incredibly difficult to get a
job well it's not any different than any
other year quite honestly and I know
that sucks to hear but I can even go
back to
2019 or 2020 actually sorry February
25th 2020 before the whole covid thing
happened right I put out this video that
was talking about what we are today
entry level it job market and what it
takes to get started I shared in this
video a journey from my friend Paul and
I actually ran into Paul at Defcon so uh
let me tell you about the story because
he I met this guy back in 2019 actually
uh and he told me the story about how he
had applied for over
4,000 yeah four with three zeros behind
it that's 4,000 jobs took him over 4,000
job applications before he got his first
job in cyber security this was in 2019
early 2020 before covid I want that to
sink in for you please understand that
if you are struggling to get into it
right now in any fashion
right it's a consistent theme it is an
incredibly competitive field there are a
lot of jobs there are a lot of layoffs
that happen and let me be clear about
the layoffs really quick because quite
honestly you only hear about those
typically most often from the very large
organizations and no matter what happens
in these very large organizations you
always hear about what happens so yeah
of course you're going to hear about
layoffs and of course the news and media
and everybody's going to make a big deal
out of it but does that fect the
industry as a whole well I mean I'm sure
that affects some parts of the industry
it might make things somewhat difficult
for people depending on where they're at
which is a huge huge part of this whole
IT industry thing and layoffs happening
and all of those different things all
right all right without rambling any
further the point that I'm really trying
to make here is that this is the ab and
flow of information technology it can be
difficult to get a job and just because
there are layoffs happening doesn't mean
that it's necessarily any more difficult
ult than it ever has been or that there
are no jobs available there are plenty
of jobs available and when it comes down
to it it again is still incredibly
competitive so what are you doing to set
yourself forward from one another right
like what are you doing to actively put
yourself out there in front of the
community because when this whole covid
thing happened and this job surge
happened and all these weird things of
course happened all around the
world one of the things that changed
really atically is the way that we apply
for and then obtain new jobs with the
insurgence of remote work right you most
often will interview over Zoom that's
you know pretty typical nowadays that
wasn't the way that it was four years
ago you know prior four years ago it
wasn't that same way you can't go into a
job uh in the actual physical location
and ask for a job application they'd
probably laugh at you and say go fill
out an app online like everybody else
and that's where you're going to find
difficulty if you are still in this old
mindset and it's kind of weird to even
say that this is an old mindset at this
point but if you are in this old mindset
of just throwing out applications to all
the different jobs out there you're
going to have a hard time quite frankly
the best way that you can get a job
these days is by putting yourself out
there and I you're probably sick of
hearing me say this if you watch this
channel for any amount of time because I
feel like I harp on this all the time
but I cannot stress the importance of
putting yourself out there to the
community getting unlined in connecting
with peers getting on Discord and all
the different Discord servers and
communities that you can join those
opportunities and connections and
resources those are going to be the
things that change your life
dramatically so if you're not taking
advantage of all of those resources that
you can easily obtain for free via
social media media LinkedIn
Discord meetup.com there's also going to
be free meetups in your area I want to
make sure that I include that in this as
well those are the resources that you
need to utilize to really put yourself
ahead create blogs create documentation
share that share experiences that you've
had talk about your Learning Journey
there's so many opportunities that you
have to put yourself out there so people
can discover you so people can remember
you
so that you can accelerate your career
because I promise you just blindly
filling out job applications over and
over and over again it's going to burn
you out and you're going to get sick and
tired of it I'm challenging you to not
only just ignore all the different hype
and nonsense that you're hearing about
the job market but put yourself out
there because you can do this anybody
can work in it will everybody work in it
though no no no no not everybody's going
to do this not everybody's going to take
these extra steps not everybody is going
to go through over 4,000 job
applications like my friend Paul did
just to get their first cyber security
job not everybody's going to do
that but some of you out there are going
to keep hustling every day just like I
did just like Paul did just like so many
other people do so the state of the IT
industry and
2024 is really no different than any
other year I don't know why people keep
making this such a big deal like
legitimately go on the Google you look
up Tech layoffs in 2018 you could go
back to 2017 2016 2019 even and you're
going to see all of the different hype
and whatnot surrounding and hype is a
bad word for this but whatever you know
what I'm saying like you're going to see
all of the Just nonsense around how
people I don't
know deliver this information that's
just like silly because legitimately it
happens every year like i' going over
and over and over again saying the same
freaking thing but I'm really trying to
drive a point across like the industry
is no different than it's ever been so
if you want to get into this field I
mean ultimately you do have to change
things up but I guess what I was saying
is like the industry is the same that
it's always been as far as like the job
J state right like there's layoffs
there's hiring there's layoffs there's
hiring all the time all the time so
don't let whatever you're hearing in the
news discourage you don't let the fact
that it's taking you maybe hundreds of
applications before you get a job job
Market's competitive so do something
different like putting yourself out
there that's something I'll always drill
but any video that I talk about because
it's important and things have changed
so anyway I just wanted to put a video
out and I wanted to talk about the
current state of technology and I did
that so thank you for being here
appreciate you I'm challenging myself to
make more videos hope you enjoyed it and
I will maybe see you more
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