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The tech industry is in a rough spot

The tech industry is in a rough spot. Continuous layoffs and increasing data pointing to a decrease in salaries. New grads are struggling to get jobs. The layoffs mean even there is an oversupply of candidates at all levels . So, getting hired is a slog of sending hundreds of applications. Multiple US based firms have decided to move jobs to cheaper locations. The Technology industry remained a bright spot in a topsy turvy post Covid world . But looks like it’s time for correction is here too.

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