Tech layoffs may possibly choose a toll on the fiscal outlook of this year’s crop of faculty graduates, with a new study predicting that 2023 laptop or computer science majors will make salaries 4% under a yr back. Nevertheless communications and humanities majors are likely to see healthier boosts in starting salaries, the study identified.
Major tech corporations these as Microsoft, Alphabet and Meta have laid off tens of hundreds of staff in modern weeks, reversing a choosing spree that surged in the course of the pandemic as millions of Us residents labored remotely and demand jumped for electronic merchandise.
But a slowing economic climate is putting pressure on the field to trim costs, which in convert could translate into decreased salaries for 2023 grads with pc science levels, in accordance to the new examine from the Nationwide Association of Faculties and Companies, which surveyed 170 employers about their income