Big tech employees have been through a tumultuous year. High-profile layoffs at some of the largest technology companies paint a picture of an industry in turmoil ahead of a looming recession.
This year has seen more than 150,000 employees laid off at over 1,000 tech companies. In the past year, Twitter laid off nearly 7,500 workers, accounting for about half of its employees. Meta announced it will let go of 11,000 employees and Cisco plans to lay off 4,100 workers.
Most of these companies cite the economic downturn for these layoffs. Miscalculations during the unprecedented hiring spree at tech companies in previous years are also an important factor.
In the face of these developments, it’s understandable that tech employees will be worried about their job prospects going into 2023. However, these high-profile mass layoffs don’t reflect the demand for tech talent as a whole.
Software and technology have become an integral part of most industries. Just because larger technology-focused companies aren’t hiring as much doesn’t mean other industries don’t still require tech talent.
For example, overall hiring has increased significantly across some tech sectors such as data processing, info services, and custom software services.
You can find many new job postings in the following industries:
Another reason we know that there is still demand for top tech talent is that we are still actively looking for top tech talent! We are especially hiring heavily for clients in the financial services and telecom industries.
If you’re a technology professional looking for your next step, take a look at our job openings and see if any of them suit your needs. If you don’t see any opportunities that fit, send us your resume and we’ll let you know when the right job comes our way!