IT and start-up hiring to stay muted in 2023, niche tech roles to keep pace

With more big tech firms such as Microsoft, Google, and Amazon hopping on the layoff bandwagon each week, almost 60,000 people have lost their jobs since the start of this year. This has been accompanied by muted hiring sentiments in both the IT and start-up sectors.

This layoff period, coupled with a lull in hiring, is expected to last over the next two or three quarters, say experts. However, hiring in key areas such as big data analytics, data science, AI/ML, DevOps, cloud computing, and cybersecurity is expected to keep pace.

“The IT sector and the start-up ecosystem have been