A ‘demoralizing’ trend has computer science grads out of work — even minimum wage jobs. Are 6-figure tech careers over?
For years, we’ve heard the shortage of technology talent – there weren’t a lot of business oil and enough organs to fill them.
A bright future is ahead for students studying computer science. After graduation, they can expect multiple job offers, high start salaries and many advantages from free food and gym membership to the Ping-Pong tables in the office.
So far fast and tables have returned. Technology companies are dragging workers. In some cases, they use AI to replace workers who help develop AI -based solutions.
Zach Taylor said After graduating from Oregon State University in 2023 with the degree of computer science in 2023, he applied for about 6,000 technology.
He only interviewed 13 and has no job offers, but he could not find a job in McDonald’s due to “lack of experience”.
Should read
What’s going on?
Taylor is far from being alone. In 2024, more than 150,000 technology employees were dismissed to 551 technology companies. Independent dismissal audience Transport. During the writing, 88,964 technology employees were dismissed in 19925 in 199 technology companies.
Great technology companies such as Amazon, Google, Meta, Lenovo and Intel lasted large amounts of labor in 2024 until 2025. For example, Microsoft announced in July that he had cut another 9,000 employees. Subtraction series Earlier this year.
Many smaller -sized technology companies and companies that have largely relied on technology (such as flirting application Bumble) also made deductions.
Although the idea behind AI will automate manual tasks and help workers focus on focusing more value-added activities, some workers are afraid that they will replace them-and that’s happening.
A public company memory Amazon CEO Andy Jassy has made great details about AI’s “Making our business more exciting and fun than today”. However, the company expects that “this will reduce our total institutional workforce because we have gained comprehensively artificially throughout the company”.
Depending on it, low code and non -coded vehicles make it easier to complete simple coding jobs for users who do not have little experience or who do not have any experience. coding.
Read More: Rich, young Americans are sick of stocks – Instead, alternative assets they make banking
So how do students respond?
According to The New York Times, many student coders say goodbye to this $ 165,000 technology business.
Mis Mishra, a graduate of PurDie University, said in a Tiktok video in early this summer, ım I graduated with the degree of computer science, and the only company looking for me for an interview is Chipotle.
The New York Times questioned more than 150 university students and the latest graduates about their experiences from state schools and private universities.
“Some said that they have resorted to thousands of technology businesses in hundreds and several cases in non -profit organizations and state institutions.
Technology works are not affected by this tendency to employment. More than one third of graduates believe that their degrees are “loss of money” research Indeed, more than half of the Gen Z participants (51%) are regretful of hiring the Laboratory.
Because, according to the research, not only the “college wage premium” plateaus, the college has become much more expensive – and the students graduate with a pile of debt. And then I can’t find a job in McDonald’s.
What’s next?
Unemployment for college graduates was an average of 5.3% in the second quarter 2025. data From New York Federal Reserve Bank. The employment found was fixed in 41%.
But computer science graduates have another problem: bad timing. New York Times told him that many universities have started to train students about AI coding tools.
Indeed, the Office of Working Statistics Projects However, growth in computer -related professions until 2033. However, it is different from the previous years that growth will come from roles that require special expertise such as cyber security, cloud computing and data engineering rather than general programming skills.
The reason for this is that these jobs require field knowledge and human judgment – neither of them are easily reproduced by AI.
However, this does not mean that the last graduates have to return to school (at least not for four years) and have to borrow more. An option Micro-CreditsShort, snack -sized, skill -based programs for certain competences.
Indeed, according to the recruitment laboratory report, “Although it is not possible to disappear from job advertisements, the increasing support of the first recruitment approaches of skills is to now invest in skills, regardless of the educational levels of workers”. “In other words, even workers who receive college training may have to think of settling further upward.”
What to read in line
Known thick. Join more than 200,000 readers and get the best money sent directly to your box every week every week. Subscribe now.
This article only provides information and should not be interpreted as advice. It is provided without any warranty.
