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griffzhowl • last Tuesday at 6:57 PM • 1 reply • view on HN

The article refers to this article from May, which claims a 50% reduction in graduate tech hiring since pre-pandemic levels, 25% reduction since 2023

https://www.signalfire.com/blog/signalfire-state-of-talent-r...

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shagie • last Wednesday at 12:15 AM

The chart with that data is https://cdn.prod.website-files.com/6516123533d9510e36f3259c/...

Starting at 2019 and saying "pre-pandemic levels" might be a bit disingenuous since that was a leap to a boom... and the bust we're seeing now.

https://www.cbre.com/insights/articles/tech-boom-interrupted

    At $113B, 2019 was the third-highest year on record for VC deal volume.
    2019 had the second-highest volume of “mega rounds” ($100M deals or greater)–mega rounds represented 44% of total annual deal volume.
    Revenue grew by an average of 12.2% in 2019 and the total revenues of the tech giants was greater than the GDP of four of the G20 nations.
Yes, tech hiring in 2025 is down from 2019. That's a lot like saying "tech hiring is down from 2000" in 2003.
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