Genesis10’s Harley Lippman on Slower Tech Industry Hiring

Harley LippmanJul 14, 2022< 1 min read

Genesis10's Harley Lippman on Slower Hiring, CNN

As the technology industry and broader economy are hit with a perfect storm of inflation, rising interest rates, recession fears and Russia’s war in Ukraine, some tech companies that have been aggressively hiring now are laying off workers across all functions, with others moving to cut costs, planning to slow or pause hiring.

Still demand for IT workers remains strong.

Employer job postings for new tech hiring totaled 505,663 in June, up 62% from the same month a year ago, according to analysis of the recent jobs report by CompTIA. The unemployment rate for tech occupations is 1.8%, compared to the overall national unemployment rate of 3.6%.

Asked by a reporter for CNN Business to address the situation, Harley Lippman, Genesis10 CEO, said that one trend he sees emerging is a greater tendency to hire contractors rather than permanent employees because of the flexibility it provides companies. "Work still has to get done," he said. Genesis10 CEO Harley Lippman was recently recognized as a Best CEO for Diversity and a Best CEO for Women by Business Insider. Staffing Industry Analysts consistently recognizes Genesis10 as a Top IT Staffing Firm. best ceo for diversity & women comparably

Harley Lippman

Harley Lippman is the founder and CEO of Genesis10, a national technology talent and delivery partner. Since founding the company in 1999, he has grown Genesis10 into one of the largest privately held IT workforce solutions firms in the United States. Prior to Genesis10, Harley founded Triad Data Inc., an IT consulting firm he successfully built and later sold.

Harley serves on the boards and advisory councils of organizations including Yale University’s School of Management, Columbia University’s School of International and Public Affairs, the Brookings Institution, The Washington Institute and the Middle East Forum. He also serves on the U.S. Agency for International Development’s Partnership for Peace Advisory Board and previously served on the U.S. Commission for the Preservation of America’s Heritage Abroad through presidential appointment and Senate confirmation.

A committed philanthropist, Harley supports an orphanage in Cambodia and has led efforts to identify and memorialize unmarked Holocaust mass graves in Eastern Europe. His documentary, Safeguarding Memory, aired on PBS and received multiple awards for its impact and storytelling.