The year 2022 proved incredibly difficult for the IT sector, with thousands of people laid off across multiple businesses on a global scale. And the situation has yet to improve since then, with significant layoffs continuing to leave many unemployed. According to many sources, almost 200,000 workers lost their employment in 2023.
Aside from the economic recession, the growing use of artificial intelligence (AI) has contributed to the woes of individuals in the technology business. As a result, recent graduates are compelled to reassess their professional paths and pursue opportunities in other industries. They are willing to prioritise job stability over attractive pay to survive in a volatile labour market.
However, we must acknowledge that many organisations are also in a recruiting frenzy to keep up with the continuously growing needs of technology. As a result, to design your career in technology, you must first grasp industry trends.
Which IT Jobs are secure and in great demand?
A globally respected news organisation, IT managers, information security analysts, web developers, and data administrators will have the highest job security in the technology industry in 2023.
Analysts of information security - When it comes to securing sensitive information in today's increasingly data-driven economy, information security analysts play a critical role. They reduce the likelihood of cyberattacks and security breaches by continuously monitoring hardware, software, and network security.
Web developers - As the name implies, web developers create and manage websites and online-based solutions for their businesses. Furthermore, they safeguard the sensitive data posted on the website and address faults and problems that may otherwise impair its performance.
IT managers - An IT manager oversees and manages the company's many procedures, projects, systems, and day-to-day operations. Furthermore, the manager frequently assumes the position of a leader to guide and teach employees and guarantee that the organisation's goals are met as intended.
Data administrators use specific software to store, arrange, and retrieve data. Furthermore, they frequently update the firm's database and provide extensive reports on data analysis and projections, making it more straightforward for all departments to make crucial corporate choices.
Layoffs have unscathed employees in legal and strategic responsibilities. As a result, these might be regarded as reliable possibilities while planning your IT career.
Industry analysts - You may wonder which jobs are at risk of being eliminated. According to industry analysts, the demand for customer service representatives, software engineers, basic programmers, data scientists, and recruiters is quickly declining.
These are some of the recommendations based on current data, industry trends, and polls. However, you should remember that as long as you continue to show yourself as a significant addition to your firm, regardless of your function or experience in the field, you are unlikely to get laid off.
How to take a layoff positively?
Taking a layoff as a new opportunity can positively impact your well-being and personal growth. While losing a job can be difficult and stressful, viewing it as a chance for positive change can help you navigate this challenging time more effectively. You should remember that as long as you continue to show yourself as a significant addition to your firm, regardless of your function or experience in the field, you are unlikely to get laid off.
Despite the potential positive impacts, it's essential to acknowledge that a layoff can also adversely affect your well-being, such as increased stress, anxiety, and financial strain. By reframing a layoff as an opportunity and taking proactive steps to maintain your well-being, you can transform this challenging situation into a transformative experience leading to personal and professional growth.