Job cuts do not mean that tech is in bovver

After all the job cuts announced in the last couple of weeks, one could be forgiven for thinking the industry is trouble, but cloudy DoiT International Chief People Officer Kristen Tronsky  (pictured) thinks there is still room for growth this year.

For those who came in late, after cutting around 20,000 jobs in 2022, this week Amazon announced further layoffs, set to affect over 18,000 more staff. Salesforce revealed upcoming plans to let go of up to 10 per cent of its workforce, after Meta, Twitter, Microsoft and several other big tech names have also announced job cuts.

Tronsky believes there is still potential and opportunity for tech employees, despite the string of big-tech layoff announcements recently. Many innovative tech businesses are still on a solid growth path.

Cloud computing for instance is expected to grow from about $370 billion to over $800 billion by 2025 with 85 per cent of businesses expected to adopt a cloud-first strategy by that year.

DoiT is actively recruiting for various positions globally, all to start at the beginning of 2023, and contrary to the tech giants, the company, like many other scale-ups, expects another year of growth in terms of both revenue and workforce.