The weather is somehow outside in Silicon Valley. Many companies in the technology sector in the USA have been making cuts since the beginning of the year. The result: more than 50,000 workers have already been laid off. And by global companies. In addition to Twitter and Snap, Facebook group Meta also laid off 11,000 employees.
In Switzerland, on the other hand, the IT sector continues its strong growth. The number of job postings announced in the sector last month increased by 7.5 percent. IT proponents, systems, telecommunications and database specialists are particularly in demand, according to the Michael Page Index. Managers and programmers are also in demand.
Many vacancies especially in Zurich
Reason for high demand: “Many companies have set their IT budgets for 2023. “Now, as the staffing challenge is high, they are trying to recruit more professionals as soon as possible,” says Yannick Coulange, Page Group’s director in Switzerland.
The struggle for expert personnel in the IT sector has just begun. Coulange is confident: “Companies that don’t offer a home office or other hybrid forms of work will have trouble attracting staff.” Especially in the canton of Zurich, which is known as an IT hotspot, there are many vacancies. And 4 percent more than the previous month. And 13.8 percent more than the previous year. (be)