Scammers are coming for laid-off tech workers

Subscribe for your daily dose of unconventional business news 🚀

Please provide a valid email address.

Nothing beats getting laid off during an economic downturn, finally being offered a job interview, then learning that the interview is actually an elaborate internet scam.

Scammers are coming for laid-off tech workers

Job fraudsters are luring laid-off workers into offering up money or sensitive personal information with phony companies, job postings, websites, and interviews, per The Wall Street Journal.

  • Many of those being targeted are unemployed tech workers. The broader tech industry experienced a jump in layoffs throughout 2022, totaling ~154k, and has already seen 21k+ layoffs this year, according to Layoffs.fyi.
  • LinkedIn claims it blocked 20m+ fake accounts in the first half of 2022, up 33% from 2021.

The volume and economic impact of these scams have skyrocketed. In 2021, the Federal Trade Commission reported US workers lost more than $209m from job opportunity fraud, up from $118m in 2018.

In just the first three quarters of 2022, workers lost $250m.

Related Articles

Get the 5-minute news brief keeping 2.5M+ innovators in the loop. Always free. 100% fresh. No bullsh*t.

Please provide a valid email address.

We're committed to your privacy. HubSpot uses the information you provide to us to contact you about our relevant content, products, and services. You may unsubscribe from these communications at any time. For more information, check out our privacy policy.

This form is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.