Technology talent remains a booming industry

By VAR_Staffing
In Channel
February 12, 2014

VAR_Staffing / VAR Staffing

It doesn’t seem to matter which sector of business you talk about, technology plays a huge role in the success of today’s business world. Regardless of whether you are a mom and pop retailer or a Fortune 500, the latest innovations allow organizations to take operations to a new level.

Last week, global outplacement firm Challenger, Gray & Christmas Inc. released its semiannual report on tech layoffs. The numbers show that planned job cuts by the technology-sector declined 32 percent in 2013. This was because of the need for quality talent in areas like big data, cloud computing and IT security.

In 2013, there were 56,918 planned layoffs which represented 11.2 percent of the 509,051 job cuts recorded during the year. That is down from 83,213 layoffs in 2012. The highest number of reductions occurred in the computer industry, where 35,136 workers were taken off payrolls, although that is 24 percent fewer than in 2012.

“The technology sector is one of the bright spots of the economy,” John Challenger, chief executive officer of Challenger, Gray & Christmas, told the news source. “While overall job cuts declined 3 percent last year, layoffs in technology fell by nearly one-third. Furthermore, technology consistently ranks among the areas of the economy with the strongest potential for job growth in both the near term and over the long haul.”

In the technology industry, identifying, recruiting and retaining the top talent can be complicated process. By partnering with VAR Staffing, any technology solution provider gains a hand when it comes to technology professionals.

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