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  • Writer's pictureBy The Financial District

Big Tech Layoffs Provide Manpower For U.S. Federal Gov't

For the thousands of workers who’d never experienced upheaval in the tech sector, the recent mass layoffs at companies like Google, Microsoft, Amazon and Meta came as a shock.

Photo Insert: Federal agencies have participated in a series of “Tech to Gov” job forums targeted in part at laid-off workers.

Now they are being courted by long-established employers whose names aren’t typically synonymous with tech work, including hotel chains, retailers, investment firms, railroad companies and even the Internal Revenue Service (IRS), Alexandra Olson reported for the Associated Press (AP).

All of those sectors have signaled on recruiting platforms that they are still hiring software engineers, data scientists, and cybersecurity specialists despite the layoffs in Big Tech.

It’s a chance for them to level the playing field against tech giants that have long had their pick of the top talent with lucrative compensation, alluring perks and sheer name recognition.

No employer is making a more aggressive push than the country’s largest: The federal government, which is aiming to hire 22,000 tech workers in fiscal year 2023.

All the news: Business man in suit and tie smiling and reading a newspaper near the financial district.

Federal agencies have participated in a series of “Tech to Gov” job forums targeted in part at laid-off workers, hoping to ease their own chronic labor shortages that have hindered efforts to strengthen cybersecurity defenses and modernize the way they deliver benefits and collect taxes.

“It’s a real opportunity for the federal government,” said Rob Shriver deputy director of the US office of Personnel Management.

Business: Business men in suite and tie in a work meeting in the office located in the financial district.

“We have just about any tech job that anybody could possibly be interested in the federal government.”

Federal, state and local government tech job postings soared 48% in the first three months of 2023 compared to the same period last year, according to an analysis by tech trade group CompTIA of data from Lightcast, a labor analytics firm.

Market & economy: Market economist in suit and tie reading reports and analysing charts in the office located in the financial district.

It was a sharp contrast to the 33% decrease in tech job openings during that period in the tech industry, and a 31.5% slowdown in such postings across the economy, according to CompTIA’s figures, Anne D’Innocenzio also reported for AP.

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