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Contributors›Rachel Neill
RN

CEO, Carex Consulting Group | Founder, Figgy

Rachel Neill

Entrepreneur and co-founder of Carex Consulting Group and Figgy. Passionate about the startup space, scaling companies, raising capital, and women in tech. Find me at rachelneill.com.

1 article
Contributor Brief·Rachel Neill · 1 articles
Updated Sep 20, 2022

Tech layoffs signal recession risk, but software employment still growing

Neill argues that despite significant tech sector layoffs in 2022, employment growth in software and technology sectors remains robust, indicating structural resilience in high-skill labor markets. She positions tech job losses as cyclical disruption rather than systemic collapse, with evidence that certain segments continue expanding even amid broader economic uncertainty.

42,000

U.S. tech workers laid off in 2022

“Layoffs in the tech sector have led the charge, with over 42,000 workers in the U.S. tech market cut in 2022.”

The Fastest-Growing Employment Areas for 2022

Economic indicators tracked during 2022 tech volatility

Tech sector layoffs (U.S.)42000
Recession risk (barometer signal)1

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100%Tech sector
Tech sector layoffs (U.S.)
Recession risk (barometer signal)

recession

U.S. economy trajectory experts closely monitoring in 2022

There is still plenty of good news…

The Fastest-Growing Employment Areas for 2022

As experts predict the U.S. economy could be heading for a recession, the barometer closely watched is layoffs.

The Fastest-Growing Employment Areas for 2022

“Layoffs remain top of mind today across economic analysis.”

Themes:Cyclical tech disruption masking structural growthRecession signals vs. employment resilience paradoxLayoff concentration as economic barometer

Latest article

Software & Technology · Sep 20

The Fastest-Growing Employment Areas for 2022

As experts predict the U.S. economy could be heading for a recession, the barometer closely watched is layoffs. It’s a topic that is top of mind today. Layoffs in the tech sector have led the charge, with over 42,000 workers in the U.S. tech market cut in 2022. There is still plenty of good news…

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The Fastest-Growing Employment Areas for 2022

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  • AM
    Alex M.·2h agoquestion

    What sparked your research into disruptive innovation?

    Curious what the original insight was that led you to the Innovator's Dilemma framework.

  • SL
    Sophia L.·1d agoidea

    Would love a deep-dive into EdTech adoption barriers.

    Your framing of sustaining vs. disruptive innovation feels directly applicable to school systems.

  • DR
    David R.·3d agoquestion

    How do you see AI changing the personalized learning landscape?