Why Tech Job Opportunities are Thriving Despite Layoffs

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Despite the doom and gloom of reports on the tech industry, there have been many silver linings when it comes to tech job opportunities. Although there have been significant layoffs this year, tech companies still employ over 150,000 more people than they did at the beginning of 2020. It is also important to note that many of the layoffs are not technical roles such as coding and machine learning jobs, but rather business functions roles. This in addition to cost-cutting and the ‘social contagion’ effect, of companies mimicking each other, has led to the current job market situation.

Roles in demand right now are web development, DevOps and database software, then AI and ML, mobile development, cloud computing, and UI/UX. As revealed by a survey of laid-off workers, 79% of them landed new roles within three months, a testament to the direct demand for these skills. The European Software Skills Alliance (ESSA) identified further gaps in the areas, such as data analysis and an increasing need for full-stack developers.

Moreover, jobs in the field of artificial intelligence are also on the rise, such as the role of a Data Revolutionist at the company RevoData B.V in Amsterdam. This person would be their Data and AI champion and utilize the DataBricks system for revolutionary solutions. Accenture in Berlin is also looking to employ a Java Full Stack Developer for Industry X which requires clean solutions as well as soft skills and knowledge of the business.

Considering the ever-increasing importance of technology and the willingness to hire in the sector, tech job prospects seem encouraging regardless of the news of layoffs. There is a demand for unique and specialized skills they need the ability to fit into the larger organizational business models. The talent crunch is real, however, those with knowledge and experience in the right areas can capitalize on this opportunity and find jobs.

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