Worried Tech Workers Are Thinking About Relocating

The pandemic shutdown has made relocating an easier decision for IT professionals living in the increasingly more expensive tech hubs of the nation.

With 61% of tech employees now working fully remotely because of COVID-19, a survey by .Tech Domains found the

vast majority of tech talent living within 30 miles of large tech centers are thinking of moving. Some already have.

“As Covid-19 accelerates remote work environments for the tech workforce, many are using the flexibility to pursue more affordable lifestyles,” says Suman Das, brand director at .Tech Domains.

Millennials are feeling the urge to relocate even more acutely than older tech workers. Younger and therefore less senior in both career and pay scale, the millennial professionals in the survey were 15% more likely to be thinking of relocating.

They’re also giving more thought to taking on gig jobs than ever before. While almost three-quarters of all full-time employees say they are more likely to freelance now than before the pandemic hit, 84% of millennial IT professionals say that.

Relocating to lower cost areas and picking up side work are considerations driven by any number of factors, but certainly worries about being laid off or furloughed are high among them.

When the tech-focused job site Hired surveyed 2,300 tech workers in July, it found large percentages of them “concerned” or “very concerned” about losing their job in the next several months. Among those in the San Francisco Bay Area, 53% expressed concern about being laid off. In New York, 42% shared that worry.

The worry is not unjustified. Technology firms in the Bay Area were quick to shed jobs in the early months of the pandemic shutdown. From a high of 130,400 employees in February, the information sector shed almost 13,000 jobs in less than two months.

Still, unemployment among tech workers nationally was 4.6% in August, well under the 8.4% nationally.

Photo by marek kizer

#WeAreGreenKey: Spotlight on Matt Schirano
General Interest Green Key News Information Technology Leadership + Management Worklife

#WeAreGreenKey: Spotlight on Matt Schirano

Green Key Unlocked: The Effect of Tech Layoffs
General Interest Green Key News Information Technology Leadership + Management Worklife

Green Key Unlocked: The Effect of Tech Layoffs

How to Prepare for a Recruiter Interview with a Staffing Agency
General Interest Green Key News Human Resources Leadership + Management Worklife

How to Prepare for a Recruiter Interview with a Staffing Agency

5 Ways to Make Your Job More Meaningful
General Interest Green Key News Worklife

5 Ways to Make Your Job More Meaningful

Minimum Wage Increases in 2023
Accounting + Finance Architecture + Engineering Financial Services General Interest Green Key News Healthcare Human Resources Information Technology Leadership + Management Legal Support Marketing Technology Pharma Professional Support Worklife

Minimum Wage Increases in 2023

2023 Recruitment Trends
General Interest Green Key News Human Resources Leadership + Management Worklife

2023 Recruitment Trends

#WeAreGreenKey: Spotlight on Carissa Iacona
General Interest Green Key News Marketing Technology Worklife

#WeAreGreenKey: Spotlight on Carissa Iacona

New Year’s Corporate Resolutions
General Interest Green Key News Leadership + Management Worklife

New Year’s Corporate Resolutions

Wrapped Up: #WeAreGreenKey 2022
Accounting + Finance Architecture + Engineering Financial Services General Interest Green Key News Healthcare Human Resources Information Technology Leadership + Management Legal Support Marketing Technology Pharma Professional Support Worklife

Wrapped Up: #WeAreGreenKey 2022

#WeAreGreenKey: Spotlight on Madison Foery
General Interest Green Key News Marketing Technology Worklife

#WeAreGreenKey: Spotlight on Madison Foery

What to Remember When Onboarding New Employees
General Interest Green Key News Human Resources Worklife

What to Remember When Onboarding New Employees

#WeAreGreenKey: Spotlight on Zach Miller
General Interest Green Key News Information Technology Worklife

#WeAreGreenKey: Spotlight on Zach Miller

How to Spark Creativity in Your Employees
Creative General Interest Green Key News Worklife

How to Spark Creativity in Your Employees

#WeAreGreenKey: Spotlight on Jeff Blum
Accounting + Finance Financial Services General Interest Green Key News Worklife

#WeAreGreenKey: Spotlight on Jeff Blum

Green Key Unlocked: LinkedIn & Resume Green Flags
General Interest Green Key News Human Resources Leadership + Management Worklife

Green Key Unlocked: LinkedIn & Resume Green Flags

How to Handle Holiday Stress & Burnout
General Interest Green Key News Leadership + Management Worklife

How to Handle Holiday Stress & Burnout

#WeAreGreenKey: Spotlight on Lauren Scutero
General Interest Green Key News Pharma Worklife

#WeAreGreenKey: Spotlight on Lauren Scutero

#WeAreGreenKey: Spotlight on Anthony Agosto
Accounting + Finance General Interest Green Key News Human Resources Leadership + Management Worklife

#WeAreGreenKey: Spotlight on Anthony Agosto

Shop for Jobs this Holiday Weekend
General Interest Green Key News Human Resources Worklife

Shop for Jobs this Holiday Weekend

Thankful for Our Community this Thanksgiving
General Interest Green Key News Leadership + Management Worklife

Thankful for Our Community this Thanksgiving

Latest Blog Posts
View All Posts
#WeAreGreenKey: Spotlight on Matt Schirano

#WeAreGreenKey: Spotlight on Matt Schirano

As the youngest Partner in Green Key history, Matt reflected on his years at the firm and the influence Dan...
Read More
Green Key Unlocked: The Effect of Tech Layoffs

Green Key Unlocked: The Effect of Tech Layoffs

Companies such as Microsoft and Google have cut thousands of positions in the last few months. In an effort to...
Read More
How to Prepare for a Recruiter Interview with a Staffing Agency

How to Prepare for a Recruiter Interview with a Staffing Agency

Because the basis of your job will revolve around communication and sourcing, you should be going into this conversation with...
Read More