Tech jobs see resurgence in 2023 despite layoffs

A latest report revealed that technology job roles account for 15 of the top 20 titles in India despite the layoffs that were reported in the second half of 2022.

The report by Indeed report said tech jobs occupy the top three spots – full stack developer, data engineer and cloud engineer. This is an improvement from last year where only one tech job made it to the top ten.

Developers have emerged in India as the most sought after role, especially those that can design, develop and maintain the front-end and back-end of a web application, making up five of the top 10 job roles.

The list of best jobs was compiled by the job platform based on availability (share of job postings), salary, opportunity growth (% change YoY), and the number of postings offering remote or hybrid working arrangements based on data from its platform.

The job roles that have seen the highest growth since pre-pandemic (January 2020) are data engineer (353 per cent), site reliability engineer (260 per cent), assistant engineer (254 per cent), application developer (235 per cent), cloud engineer (220 per cent), according to the report.

The report noted that with large tech companies undergoing a period of correction, other companies appear to be ready to snatch up prime technology talent. This is largely due to the fact that tech roles have a larger volume of jobs as compared to any other job role. Technology roles are also sector agnostic, meaning that every sector has a requirement for tech roles.

In a statement, Sashi Kumar, Head of Sales, Indeed India said, “Overall the year will continue to see tech roles hire the most. India is seeing a steady and stable growth and the short-term impact of recession and layoffs are not likely to impact the future of tech roles in India. With increasing investment in IT and adoption of new age emerging technologies, job roles in these areas will also see a rise this year.”

The report said technology jobs offer a lot of workplace flexibility as well as competitive salaries, both of which are qualities that jobseekers value highly. The high demand for technical skills both inside and outside of the technology sector is good news for tech employees and a clear indication of where opportunities exist for individuals beginning or changing careers. BW Disrupt