Large global technology companies laid off 100,000 people in January alone, and there is a decline in employment in the IT industry in Serbia, Marko Vučetić from the employment portal Hello world tells N1.
“I have to say at the very beginning, it is not so black and dark and IT experts should not be afraid for their jobs,” said Vučetić in the live show Dan.
As he said, there will be work for domestic experts, and smaller companies will be able to find quality and more experienced personnel.
The fact is that in the first quarter we had 50 percent fewer job advertisements than in the same period last year, says Vučetić.
“There has been a serious decline in employment in the IT industry,” he said.
He also points out that “it was not realistic” to expect constant growth in the IT industry and that it was expected that “oversaturation” would occur.
Several factors have influenced the current situation – the economic crisis and Russia’s war in Ukraine – but optimization in the IT industry is also important, says Vučetić.
Some companies have laid off a number of specialists because they have estimated that they can automate some jobs to reduce their costs, he explains.
He also said that there have been changes in the labor market due to the application of artificial intelligence, which he says has a serious role in various processes.
Asked about salaries in the IT sector, he cited the last published data from August last year, according to which the average salary in that industry was 1,600 euros.
According to research from the end of 2022, as many as 99 percent of IT employers said that salaries in 2023 will be raised by as much as 30 percent, said Vučetić.
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