A Global Shortage of Nearly 4 Million Cybersecurity Professionals
2.5 M
The World Economic Forum reports a global shortage of nearly four million cybersecurity professionals, contributing to an estimated talent gap of over 85 million workers by 2030. The Asia-Pacific region needs over 2.5 million cybersecurity workers, North America faces a gap of 522,000, and Africa has only 20,000 certified professionals. The shortage is most severe in China, India (with 40,000 unfilled jobs), the U.S. (448,000 vacancies), and Brazil.
1K
Indeed CEO Chris Hyams announced the layoff of about 1k employees or 8% of the company, primarily in the U.S. and within R&D and go-to-market teams, due to a global hiring slowdown. Despite achieving stable profitability after previous layoffs and pay cuts, Indeed is now focused on simplifying operations and exploring AI tools, having discontinued its pay-per-application model in December 2023.
47.6%
A Digital Genius survey of 517 customer service representatives (CSRs) in the U.S., Canada, and the U.K. found that 47.6% feel their employers do not take their mental health seriously, with 26.7% disagreeing and 25.7% of them neutral. The survey found that 46% of CSRs feel their employers do not offer resources to reduce stress or improve mental health. In contrast, some employers provide other initiatives such as mental health apps (16%), increased breaks (11%), and bonuses (9%).
10%
Tesla’s CEO announced over 10% of the workforce would be cut after a Q1 delivery drop, aiming to reduce costs amidst declining sales and competition from Chinese EVs. Tesla laid off key EV charging team members despite a strong Supercharger network. The layoffs, driven by various challenges and internal struggles, have affected both regular employees and senior executives, leaving many scrambling for new opportunities in a crowded job market.
80%
80% of hiring managers admitted they have ghosted candidates or the candidates stopped communicating during the hiring process without providing a valid reason. The Resume Genius survey stated that the increased layoffs and AI-generated resumes have exacerbated this issue. In a survey of 625 hiring managers, 20% never have ghosted candidates, 11% always do, 22% have frequently and 47% have occasionally ghosted candidates.