U.S. technology companies are facing pressure to lay off employees, and the era of high wages may come to an end

News on May 30: In recent years, U.S. technology companies have been affected by multiple factors such as the impact of the epidemic and global economic stagnation, and have had to take large-scale layoffs, resulting in employees facing the reality of reduced wages. That's fueled by concerns among those working in the U.S. tech industry that the era of high wages is coming to an end. A recent survey on the anonymous job site Blind attracted more than 14,400 users. 51.7% of users believe that the technology industry has reached the end of an era. One focus of their discussion is whether jobs in the tech industry that pay $500,000 a year will disappear. According to the editor's understanding, an Oracle employee stated in a post that between 2019 and 2022, the total salary of project managers can reach US$500,000, the average salary of software development engineers is US$350,000, and the annual salary of recruiters can reach $200,000. That compares with 2015, when only directors who managed more than 100 subordinates were eligible for an annual salary of $500,000.

In addition, some technology company employees remain optimistic about future development, but they also believe that the current unreasonable high salaries are unsustainable. A user who works at Amazon wrote: "The technology industry is still very profitable. The salary will remain the same, but the unreasonably high salary is no longer there. I feel that companies such as meta, Google, etc. will not Offer a salary of $500,000 to a candidate who currently earns $200,000."

According to reports, in the United States, employee salaries at large technology companies are generally higher than in other industries. However, according to the editor's understanding, some reports claim that large American technology companies are reducing the average salary of new employees through layoffs. Recently, companies including meta, Google and Microsoft have carried out layoffs of thousands of people.

Although there is uncertainty about the salary trend in the technology industry in the future, with changes in the market environment and adjustments to company strategies, the era of high salaries may have come to an end. The technology industry may enter a new stage of salary balance, which will bring new challenges and opportunities for the industry and employees' career development.

The above is the detailed content of U.S. technology companies are facing pressure to lay off employees, and the era of high wages may come to an end. For more information, please follow other related articles on the PHP Chinese website!