Business of Tech: Daily 10-Minute IT Services Insights Wed Apr-10-2024: State of the Tech Workforce 2024,Cloud Cost Overruns, Geek Squad Layoffs
In this episode of the Business of Tech podcast, host Dave Sobel covers the state of the tech workforce in 2024, with predictions of 3% growth and 300,000 new tech positions. He discusses cloud cost overruns and IT leaders preparing for spending to exceed $1 trillion by 2026. Additionally, he highlights Best Buy's Geek Squad facing mass layoffs due to financial rebalancing and an AI focus. Dave also touches on recent data indicating fluctuations in job numbers and concerns about inflation in the tech industry
Three things to know today
00:00 State of the Tech Workforce 2024: CompTIA Predicts 3% Growth and 300,000 New Tech Positions
05:36 Cloud Cost Overruns: IT Leaders Brace for Spending to Surpass $1 Trillion by 2026, Forrester Finds
07:20 Best Buy's Geek Squad Faces Mass Layoffs Amid Financial Rebalancing and AI Focus
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