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THE GREAT RESET: Over 200,000 people have been laid off in the #tech industry this year, and the flood of new talent has started to change the job market.
Check out Blind's exclusive research - a thread 🧵:
Check out Blind's exclusive research - a thread 🧵:
1/ The Great Resignation and the ease of wage hikes when changing jobs may be over.
56% of U.S. professionals said they would accept the same or LESS pay in a new role, per an April 2023 survey by Blind
teamblind.com/blog/index.php…
56% of U.S. professionals said they would accept the same or LESS pay in a new role, per an April 2023 survey by Blind
teamblind.com/blog/index.php…
2/ The perceived weakness of the job market is why many say they're now willing to accept lower pay.
45% cited market concerns—more than those who picked company culture, return-to-office policy, or even the need for a work visa as their top reason COMBINED
45% cited market concerns—more than those who picked company culture, return-to-office policy, or even the need for a work visa as their top reason COMBINED
