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Tech companies announced 10,799 job cuts in September, up 77% from August
Tech cuts reached 165,925 so far this year, and AI was cited for about 21% of all announced cuts.
Karlen Trimino ·
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US hiring stays flat as software postings sit about 23% below 2020
Payrolls grew by 29,000 in September and unemployment was 4.2%. Indeed's software development postings index was 77.32.
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Software job postings sit about 23% below pre-pandemic levels
Indeed's US software development job postings index was 76.62 on September 11, 2026 (February 2020 = 100).
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BLS projects 10% growth for software developers from 2025 to 2035
That is about 174,700 new jobs, down from the 15.8% it projected for 2024 to 2034.