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Those concerns may have intensified when Microsoft leaders said those being let go were low performers, according toInc.
Khan said the overall labor market remains resilient.
Big tech layoffs are mostly about restructuring, Lokenauth said.
Smaller companies are snatching up talented workers and many laid-off professionals are finding new tech jobs quickly.
AI is reshaping jobs and not just eliminating them, Khan said.
The tech labor market is adjusting, not collapsing.
Digital expertise remains in high demand and companies that proactively evolve their workforce alongside AI will emerge stronger.
Digital Transformation
Lokenauth said the digital transformation underway means every business is becoming a tech business.
Banks need apps, manufacturing plants use smart tech and restaurants usedigital ordering systems, Lokenauth said.
Even small businesses need websites and digital tools.
Industry Growth Areas
Lokenauth further said that tech growth is not just about big companies.
Plus, tech consulting firms are expanding.
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