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Austonia, a for-profit Austin digital media company, is looking for the right person for a new position as newsletter editor.

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Could Austin's tech boom turn into a tech wreck?

(Andrea Guzmán/Austonia)

Austin’s boom over the past couple of years has seen a flood of tech workers making up about a fifth of all jobs and software engineers earning an average salary of more than $128,000. The city has also won the headquarters of giants like Tesla and Oracle and expansions from others.

But lately, it’s hard to ignore that even the giants are feeling worked up over market sentiment. Meta is reportedly slashing hiring plans and Tesla has talked of layoffs. Startup founders are being told to plan for the worst and venture capitalists are becoming more risk-averse.

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Austin's tech salaries soar in 2021, but remote workers are the real winners

Austin's tech workers enjoy average salaries near those in California despite a vastly different cost of living.

Austin tech workers' salaries average near those in California despite vastly different costs of living, according to a new report by Hired.

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