Amazon, Google, Meta, Microsoft lay off thousands — but tech jobs are still hot in 2023, Indeed finds

▤ Summary

The possibilities in tech extend beyond the traditional technology giants to areas like retail, finance, professional services, travel and tourism — all of which need technologists to build firms online presence and business, said Scott Dobroski, Indeeds career trends expert. That broad technology roles are poised to be hot in 2023 may seem counterintuitive, at a time when traditional tech giants have announced mass job cuts in recent weeks. In some cases, layoffs are an unwinding of overzealous hiring early in the Covid pandemic, and not necessarily a harbinger of broad economic malaise. The Federal Reserve is raising interest rates, hoping higher borrowing costs for consumers and businesses will slow demand across the economy and beat back high inflation. Government agencies, aerospace companies, health systems and retailers are among the employers that "frequently" cite shortages of software engineers, cybersecurity professionals, data analysts and web designers, Pollak said.

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