Why Big Tech Layoffs Aren’t So Bad: High Median Wages
Took a look at the report:
- Median salary for 0–3 years of experience: 9,000 RMB/month
- Median salary for 3–5 years: 10,000 RMB/month
- Median salary for 5–10 years: 14,000 RMB/month
- Median salary for 10+ years: 12,000 RMB/month
But the average salary is about 3,000 RMB higher across every bracket, and nearly 10,000 RMB higher for the 10+ years group, which suggests senior management roles are skewing the numbers.
Big tech companies have been laying off heavily, but they keep absorbing talent from each other, so the industry as a whole hasn’t seen major disruption or mass unemployment that could lead to mortgage defaults.
So here’s the takeaway: if you’re not already in big tech, don’t lose sleep over their drama. Focus instead on how to get your own salary to the median—or even the average—level. The internet industry’s average salary sits at 25K RMB/month.