<ul data-eligibleForWebStory="false"><li>Tech salaries in Silicon Valley are crashing, with salaries declining by 7.3% year-over-year.</li><li>Tech salary growth has only been 1.2% in 2024, resulting in a decrease in real purchasing power for tech workers.</li><li>Despite solid credentials, some tech workers like Zach Pretzell struggle to find job offers even after numerous applications.</li><li>Dice's survey of over 2,800 tech workers highlights the challenges in the tech job market.</li><li>The decrease in tech salaries is attributed to more structural issues beyond layoffs or economic uncertainties.</li></ul>

The Real Reason Tech Salaries Are Crashing

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