Ruth Smith’s Post

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CRO @ Ronin Consulting | Connecting leaders in the tech space to their next opportunity | I help you leverage generative AI in your business

Think the tech job market has been rough? You’re not imagining it. WSJ reported that tech unemployment rose to 6% in August, higher than the national average of 4.2% [This is up from 5.3% in July.] Technology has always felt like a safe career, but shifts are occurring. Mostly due to AI and streamlining efforts. You have all seen the tech layoffs in 2024 from companies like Cisco, SalesForce, Tesla, Microsoft, Amazon, and others. Software Development and IT Support job postings are 30% less than in 2021, and salaries have dropped, too. There are some bright spots for hiring in technology. Companies will add positions for AI, including data preparation, prompt engineering, and model management and development. So what should you do if you are in technology? ➜Take AI-related courses. ➜Move to teams focused on newer technology. ➜Update your resume to reflect newly acquired skills. The big attraction to a tech career is the challenge of learning new things. Don’t wait around to be a layoff statistic. Take control and upskill your career.  PS – Follow my weekly posts to learn more about AI tech.  

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Ruth Smith

CRO @ Ronin Consulting | Connecting leaders in the tech space to their next opportunity | I help you leverage generative AI in your business

3mo
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Sonia Castelan, AFSP

I empower BIPOC entrepreneurs to reduce their tax bills and maximize their profits with optimal tax planning (so they don’t have to overpay & face penalty) | Founder @Castelan Tax Services

3mo

AI isn’t just a buzzword anymore, it’s the driving force behind these changes. I love how you emphasize the importance of taking action rather than waiting for things to happen.  How are you personally approaching the need for new skills or adapting to this changing market? Ruth Smith

Tom Clement, Ph.D.

GenX: Pivot your skills and discover 100% Life | Educating Systems and Family-First Leaders | 30 years of business experience | Entrepreneur, educator, author, and coach | Husband, dad, and grandfather | Proud GenXer

3mo

No one should ever feel "safe" in their career. That is a time-tested lesson of business, repeating itself over centuries. Something is wrong with our education system and values, so people feel compelled to be lulled into the fallacy that they're invincible.

Dr. John Page

Curious Thinker. Helping you figure tough sh*t out (1,105 people and counting). Wisdom. Wit. Winning solutions. Girl Dad. College football fanatic. 80s aficionado.

3mo

I've seen that on the tech team I work for currently. Three people gone in one week. One to another job, and two out for budget reasons Ruth Smith.

Jonathan Corrales

I help Millennials and GenX job seekers in tech feel confident and get job offers

3mo

I wish I could look 5 to 10 years into the future to see how many bets on AI panned out. My gut is telling me we'll see a re-balance similar to other trends in tech. Companies will admit they made bad bets, CEOs will take full accountability for layoffs, yada yada yada.

Giselle Moratin, MBA

Educators, I help you transition to Corporate roles with 1 on 1 support until you get hired | Career coaching & teaching 20+ yrs | Book a discovery call

3mo

The comment that I keep hearing about AI is that it will not take that many jobs away, but it will definitely positivelyimpact those that are willing to use it rather than those that are refusing to use it.

Tanya Crocker Nagle

Transforming Lives + Building Nest Eggs Via the Power of Intentional Home Design 📈| Lifestyle Revolutionizer🏆| 5⭐ Vacation Rental Owner, Innovator+Strategist⚡️| Designing Homes w/SOUL💙 | Swim Mom 🏊 Sunrise Chaser🌅

3mo

Ruth Smith wow, I’m not in the tech market, but this actually surprises me. I would think with all of the explosion of AI and summon new products coming down the pipe that it would be a healthy market right now. That explains a lot of the layoffs.

Great emphasis on taking control and upskilling—AI is opening new doors, and staying ahead of the curve is key.

Rashida Royal

Crafting result-driven websites for Purpose-driven founders, coaches & service based businesses🚀 | Web Designer & Developer | 120+ satisfied clients

3mo

AI won;t replace humans but people using AI will Ruth Smith

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