COVID-related IT job losses mount in U.S. as outbreak continues

Coronavirus spikes in parts of the U.S. in July have worsened hiring conditions for IT professionals, and management consulting firm Janco Associates now doesn’t expect any rebound in hiring until late this year or early in 2021.

Janco now estimates that just 25,000 new IT jobs will be created in 2020; there are now more than 163,000 fewer tech jobs than a year ago. In July alone, another 10,900 IT positions disappeared, the company said.

“We have found that a number of companies have already shuttered their doors or are expanding layoffs that impact the IT job market,” Janco CEO Victor Janulaitis said in a statement. “This includes oil and gas drillers like Whiting Petroleum and Diamond Offshore, retailers like J Crew, manufacturers like Briggs & Stratton, and grocers like Dean and DeLuca. As a result, IT professionals working for those companies are looking for new employment opportunities.

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Story added 10. August 2020, content source with full text you can find at link above.


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COVID-related IT job losses mount in U.S. as outbreak continues

Coronavirus spikes in parts of the U.S. in July have worsened hiring conditions for IT professionals, and management consulting firm Janco Associates now doesn’t expect any rebound in hiring until late this year or early in 2021.

Janco now estimates that just 25,000 new IT jobs will be created in 2020; there are now more than 163,000 fewer tech jobs than a year ago. In July alone, another 10,900 IT positions disappeared, the company said.

“We have found that a number of companies have already shuttered their doors or are expanding layoffs that impact the IT job market,” Janco CEO Victor Janulaitis said in a statement. “This includes oil and gas drillers like Whiting Petroleum and Diamond Offshore, retailers like J Crew, manufacturers like Briggs & Stratton, and grocers like Dean and DeLuca. As a result, IT professionals working for those companies are looking for new employment opportunities.

To read this article in full, please click here

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Story added 10. August 2020, content source with full text you can find at link above.


Comments are closed.

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