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Comment on Data showing the 2024 tech job market is far stronger than 2023

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I wonder if this layoff statistics also consider the contractors whose contract wasn’t extended . The company I work for didn’t do any layoffs in theory but simply stopped extending expiring contracts. And let me tell you, there were a lot of contractors.

Yep, 10% advertised RIF usually translates to ~30% actual headcount reduction.

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