Tech Layoffs in 2022 & 2023: An Overview

After a 2022 that saw massive layoffs in the high-tech workforce, 2023 is heralding more of the same.

tech layoffs 2023

In this article we'll identify which tech companies laid off the most workers, the reasons behind this ongoing spike in layoffs, and how you can boost your job security in a volatile IT workforce.

Layoffs data on this page will be updated continually. For up-to-the-minute layoff tracking, visit Layoffs.fyi - an aggregator of tech layoff announcements since the beginning of the Covid-19 pandemic.

Which tech companies are laying off workers?

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Jobs You Can Get with a Computer Science Degree

ITCareerFinder breaks down the most sought-after information technology jobs you can get with a degree in computer science. Delve into each role for marketable courses and electives, salaries, recommended degree programs and insider tips.

computer science degree jobs

There’s never been a better time than now to pursue a career in IT. The proliferation of emerging technologies in mobile and cloud computing, soaring demand for data science, programming and cyber security skills, and the increased automation (for better or worse) of legacy roles in retail and manufacturing, are just some of the factors driving a golden age for tech employment. There are infinite paths to the IT job of your dreams, but whichever road you choose there’s a good chance that earning a degree in computer science (CS) will be your first step.

CS curricula and the jobs you can land with a computer science degree vary widely, but there are some core subjects shared by most undergraduate computer science programs. The core curriculum in a CS associate or bachelor’s degree typically includes programming and software development, data structures and algorithms, operating systems, and applied mathematics. There are many CS specializations that dive deeper into one or more of these core areas, and plenty of computer science majors designed to prepare you for a specific IT career path. Your personal passions, resources like time and money, and the job you’re shooting for will dictate the computer science program that’s right for you.

Featured Computer Science Programs

These top-rated online degrees in computer science are currently enrolling students.

Request info for program details, requirements, start dates, tuition & financial aid options.
Bachelor of Science in Computer Science: Software Engineering

Southern New Hampshire University

  • Cloud Application Development
  • Cybersecurity & Secure Coding
  • UI/UX Design and Development
  • Software Reverse Engineering
 
Master of Science in IT - Analytics

Capella University

  • Data Mining and Predictive Modeling
  • Learn SAS, R, Python and Tableau
  • Big Data Visualization and Presentation
  • Use Applied Forecasting to Solve Problems
 

The curriculum in a graduate computer science program builds on the undergrad coursework above. Generally, a computer science master’s degree dives deeper into the technical skills you learned as an undergrad, with a greater focus on a specific career track and potential management roles. MBAs in computer science concentrate on the business side of things; here you will learn to use computing skills to set and achieve organizational goals. Doctoral and PhD degrees in computer science tend to focus on research and scientific advancement; these programs are geared toward jobs like computer research scientist and CS professor.

This article will lay out some of the best jobs you can achieve with a computer science diploma (“best” in this case means top-tier salaries, an aggressive hiring forecast, and a high rate of upward mobility). We'll also highlight the courses and electives you should pursue to maximize your job prospects in each role, recommended degree levels, and earnings.

Here are the best jobs you can get with computer science degree:

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How to Use LinkedIn to Find a Job

Used strategically, LinkedIn is a powerful tool for online job search. It is however very common for job seekers to ignore the value of LinkedIn, and focus their efforts on the massive job search engines like CareerBuilder and Monster. The big boards should still be part of your online job search strategy, but at times like these you need to use every weapon at your disposal; LinkedIn is the strongest job search tool you never used - or at least never used to its full extent.

LinkedIn Job Search Tips

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Top Job Skills You Can Learn Without a College Degree

Top Job Skills Without College

As the economy diversifies, so do the choices you face when you're preparing to enter the workforce. A four-year degree is no longer a must for many lucrative positions, nor is it an automatic ticket to career success. And with the cost of a traditional college education continuing to rise, student loans are becoming more of a burden, as well.

In short, it pays to look around at the growing number of alternatives that can jump-start you on a career path. Specialized professions in the culinary arts, sewing, carpentry, and money management (everything from credit to budgeting to investing) offer a wealth of opportunities through affordable certificate programs and apprenticeships.

But nowhere are the opportunities greater than in the IT field, which is good news because you can pursue training and certification in much of this space online. This has become even more crucial during the pandemic, as distance learning has become the norm in many places.

And if you're trying to save money (and who isn't?), here's some good news: There are numerous free online courses to explore, and plenty of places to get started.

Follow these steps to gain real-world expertise without a college degree:

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The Best Cities for Tech Jobs

ITCareerFinder analyzes key data points in technology, employment and livability to uncover the best cities for IT professionals to call home.

This page will be updated annually with the latest and greatest tech cities. Current year: 2022.

Many of the best computer jobs can now be done remotely. This is a welcome change for many of us. For everyone else, choosing the right city to live, work and play in can be vital to happiness and success. This study merges key statistics on America's high-tech workforce with livability factors in over 150 cities to find the best places to live in - or relocate to - as an IT professional.

collage of best tech cities

To determine the best cities for tech jobs, we analyzed key employment data like IT salaries, the number of jobs and the percentage of workforce in technical roles, as well as the leading indexes for cost of living and quality of life, because after all, once the 9-to-5 is over you still have to live there.

Jump down to the bottom of the page for the ranking methodology and source list, or read on for this year’s top 8 cities for IT professionals.

Here are the best cities for technology jobs and workers:

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Exploring 6 Great Jobs in the Metaverse

ITCareerFinder breaks down some of the most sought-after jobs in the metaverse and the skills you need to level-up in each position.

This page will be updated regularly with the latest and greatest metaverse career paths.

Best Metaverse Careers

In October 2021, Facebook changed its name to Meta and announced plans to create 10,000 new high-skilled jobs in the European Union (EU) to help shape the metaverse.

It turns out that Facebook isn’t the only one betting heavily on the growth of the metaverse, over 160 companies are jumping in too.

So what is the metaverse and what types of jobs might it create?

Broadly speaking, the metaverse is a shared virtual world. In theory, people will be able to create an avatar and travel into this immersive virtual world to socialize, play games, work, create, shop or even remotely attend a concert or sporting event by wearing virtual reality headsets.

Much like the transition to Web 2.0, mobile technologies and the Internet of everything (IoT) devices, the metaverse is creating new IT and hybrid job opportunities, which require a combination of technical and non-technical skills.

To keep your career thriving in the metaverse, here’s a look at 6 roles that are in demand right now and poised to explode in the future.

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Highest Paying Cyber Security Jobs in 2022

ITCareerFinder analyzes salaries & hiring trends to uncover this year's best paying cyber security roles.

This post will be updated annually with the top paying cyber-sec jobs and wages. Current year: 2022.

Best Paying Cyber Security Jobs

Data breaches are becoming so ubiquitous that it’s easy to gloss over the headlines, but the fallout is much harder for companies to ignore -- hacks are not just embarrassing, but can lead to serious financial and reputational damage. So, it’s not surprising that there’s high demand for IT security specialists, and that those who are up to the task are generously compensated. In fact, cyber security was the most highly sought-after skill set in 2021, and many companies report info-sec vacancies due to their inability to find qualified candidates.

Not only are these skills in peak demand, but cyber security is one of the highest-paying IT specialties, bringing in an average salary of $102,600 (more than double the $45,760 average for all occupations) according to the US Bureau of Labor Statistics. But not all cyber-sec jobs pay the same. A handful of positions stand above the rest, at least in terms of compensation.

Here are some of the highest paying cyber security careers for 2022:

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12 Top Paying IT Certifications for 2022

ITCareerFinder examines salary data and hiring trends to determine the top paying IT certifications and why they demand a premium.

This article will be updated annually with the latest credentials and wages. Current year: 2022.

Top Paying IT Certifications

Do IT certifications really pay off? It depends.

According to the IT Skills and Certifications Pay Index published by renowned analyst firm Foote Partners LLC, tech certifications continued their three-year plunge in value during the third quarter of 2021 and are now at their lowest point since early 2013.

However, there are still some IT certifications that employers are willing to pay extra for.

To ensure that you invest in the training and certifications that offer the highest potential return, here are 12 of the highest paying IT certifications for 2022.

  • SANS/GIAC Security Expert (GSE)

    The GSE certification is the most prestigious and valuable credential, topping Foote Partners’ recent list of highest-paying certs. However, it’s also among the most difficult to earn.

    With companies everywhere looking for solutions to burgeoning cyber security issues, GSE's rigorous, hands-on exam, lab exam and experience requirements – covering general security skills, incident handling, intrusion detection and analysis – sets it apart and makes it particularly valuable for individual contributors said David Foote, Foote Partners’ chief analyst & CRO.

    In fact, employers are willing to pay high salaries and median cash bonuses or premiums equivalent to 13% of base salary to tech workers and leaders who get GSE certified.

    For example, according to Foote Partners’ 2022 IT Professional Salary Survey, the average total cash compensation (including premiums) for certified cyber security specialists is $108,703, while certified senior-level specialists earn $133,161. Meanwhile, PayScale reports that the average salary for GSE-certified information security analysts is $100,000 and $189,000 for penetration testers.

    Before you start spending that extra cash, note that the pre-requisite baseline for the GSE is: GSEC, GCIH, GCIA with two Gold certifications.

  • GIAC Exploit Researcher and Advanced Penetration Tester (GXPN)

    Clearly, the demand for penetration testing skills and certifications will remain constant going forward, driven by regulation, compliance and ongoing business risk Foote said. That’s why employers are willing to pay median cash bonuses or premiums equivalent to 12% of base salary to professionals who attain the GXPN certification. Moreover, PayScale puts the average salary for GXPN certified IT pros at $107,000.

    The GXPN certifies that network and systems penetration testers, incident handlers, application developers and IDS engineers have the knowledge, skills, and ability to conduct advanced penetration tests, model the behavior of attackers and improve security in the popular Windows and Linux environments.

    Applicants need to pass a 3-hour proctored exam to earn the highly valuable GXPN.

  • GIAC Security Leadership (GSLC)

    For current information security managers, security professionals with leadership responsibilities or IT pros looking to move into management, earning the GSLC certification can boost your career and help you score a median cash bonus equivalent to 12% of base salary. The 3-hour proctored exam covers management issues related to the overall security lifecycle including governance and technical controls, incident response, staff, projects, application security and more.

    Currently, managers of information security with the GSLC earn average total compensation of $147,080, while lead IT security specialists earn $152,143 and directors of information security earn $200,006 according to the 2022 IT Professional Salary Survey. PayScale puts the average salary at $113,000 with senior leaders earning close to $200,000.

    Best of all, applicants can qualify through a combination of practical work experience, training, college courses or self-paced study.

  • InfoSys Security Architecture Professional (ISSAP/CISSP)

    “With millions of people working from home and connecting to an organization’s internal network remotely, the role of security architect is more important than ever,” Foote said.

    Companies are having to “rearchitect everything” to increase security and reduce the risk of cyber-attacks and data breaches he expanded.

    It’s no wonder that the CISSP with the architecture extension has increased in value. According to Foote, security architects can command premium pay equal to 12% of base salary and total cash compensation of $130,770, leaving little doubt that the ISSAP certification is a worthwhile investment for professionals who want to build on their expertise in information security architecture.

  • InfoSys Security Engineering Professional (ISSEP/CISSP)

    If you have two or more years’ experience in engineering and already hold the CISSP, obtaining your ISSEP certification can lead to greater opportunities and higher wages. This in-demand cert has increased in value by 33% over the last six months and commands average pay premiums of 12% on top of average annual base salaries of $151,000 according to PayScale.

    To sit for the ISSEP examination, you must be a CISSP in good standing and have two years cumulative, paid work experience in one or more of the five domains of the CISSP-ISSEP CBK.

  • Certified Information Systems Security Professional (CISSP)

    Most IT pros start their journey to ISSEP or ISSAP concentration by earning a valuable core security credential and prerequisite, the CISSP certification. This baseline, vendor-neutral cert – which covers 8 domains and general concepts of information security – can benefit the careers of everyone in IT.

    To illustrate, PayScale lists some 350 job tiles under the CISSP with an average salary of $117,000. If you want to specialize in cyber security, The New York Times reports that there will be 3.5 million unfilled jobs globally by 2021, up from one million positions in 2014.

    Suffice it to say, showing employers that you not only understand security concepts, principles and tools but also the most pertinent issues around cyber security, will greatly increase your power at the salary negotiation table.

  • Six Sigma Master Black Belt

    Having a Six Sigma Master Black Belt certification signals to employers that you have the skills and knowledge to manage projects successfully, a passion for quality and process improvement, and the ability to lead and coach team members. In fact, because of its focus on improving profitability, many companies are actively recruiting Six Sigma Black Belts and market demand is higher than ever.

    Speaking of profitability, the market value increase for Six Sigma Master Black Belt certification was 9.1% in the six months through July 1, 2021 and the average total compensation was listed at $169,170 in Foote Partners’ IT Salary Survey.

    Applicants are required to pass an exam, have a minimum 4 years’ experience executing Six Sigma Projects in a Black Belt Capacity (or equivalent), and submit a project for review on a pass/fail basis.

  • The Zachman Certified Enterprise Architect

    In the past, enterprise architects found it hard to prove their worth to the organization and sustain job security, so the Zachman Framework was born. In a nutshell, the popular framework helps resolve those issues by providing a matrix or formal way to manage a company’s enterprise architecture and assets.

    With businesses grappling with rapid transformation and accelerated AI, enterprise architecture is making a comeback and some companies are even making the Zachman certification a requirement Foote said. A distinctive element of this program is reality-based learning or the process of integrating theory with work and life experience. Even better, the average premium for certificate holders is 12% on top of base salaries averaging $135,003.

  • Certified Scrum Master

    Why is scrum the most popular Agile framework for iterative software development? Because it’s easy to implement and it works. While product owners, project managers, developers and also trainers and coaches can benefit from certification, the World Economic Forum ranked scrum master 6th in their list of product development jobs of tomorrow. And employment data firm Burning Glass predicts a 37.9-percent increase in demand for scrum masters over the next ten years.

    What’s more, according to Foote Partners’ data, certified scrum master certification holders can command 11% in median pay premiums or bonuses above base salaries averaging $96,785.

  • PMI Program Management Professional (PgMP)

    How does an experienced and successful project manager take their career to the next level? By becoming a program manager. However, even though program management is a well-paid next step, becoming proficient at managing multiple related projects is not easy.

    Earning PMI's Program Management Professional certification can help you move forward with confidence, demonstrate your competency to prospective employers and earn median pay premiums of 11% above base salaries that range up to $126,000. Plus, both high school and college grads can qualify by meeting the hands-on experience requirements and passing two evaluations.

  • CompTIA Cybersecurity Analyst (CySA+)

    Data shows that earning CompTIA's intermediate-level CySA+ certification may help you earn more money and elevate your career no matter which role, area of specialization or industry you pursue. For example, InfoSec puts the national median salary for someone with CySA+ certification at $74,952 per year, but as high as $152,806 depending on your location and role.

    Plus, the hands-on, performance-based and multiple-choice assessment is also approved by US Department of Defense to fulfill Directive 8570.01-M requirements.

    After validating that you have the skills, techniques and knowledge to prevent, detect and combat cyber security threats inside and outside of organization, employers will reward you with bonuses or premium pay ranging from 8% to 13% of base salary according to Foote Partners.

  • Certified Cloud Security Professional (CCSP)

    With Gartner forecasting that worldwide spending on public cloud services will grow 23.1% in 2021 to total $332.3 billion in the wake of the pandemic, earning the CCSP certification is a great way to show that you know how to secure critical assets in the cloud and earn median annual pay premiums of 11%, regardless of your level or position.

    Although PayScale puts the average salary for CCSP certified pros at $118,000, the sky’s the limit. IT managers can earn base salaries of $185,000, while CTOs can earn $250,000.

    While the CCSP isn’t for newcomers, showing commitment to ongoing development can demonstrate your leadership potential to employers and lead to new and exciting career opportunities.

Final Thoughts

Although almost any certification can enhance your resume and raise your market value, it’s clear that companies are most concerned about advanced persistent threats and protecting valuable data and information. Until supply catches up with demand, earning any one of these cyber security certifications can give you a competitive advantage and the best opportunity to earn high salaries, bonuses and potentially move into management.

Methodology

Our list of the top-paying IT certifications is based on customized data contained in the latest Foote Partners’ IT Skills and Certifications Pay Index and the firm’s 2022 IT Professional Salary Survey. The reports are based on compensation data provided by 3,805 private and public-sector employers in 83 American and Canadian cities who report pay for their 345,313 technology professionals in the US and Canada.

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