This year, it appears that no country has spared the continuing waves of layoffs in the IT industry.
Despite its large and diverse digital economy, the United Kingdom, for example, has faced the effects of declining investment and macroeconomic headwinds, with enterprises ranging from the smallest startups to established giants being forced to drastically reduce staff.
However, as the saying goes, “one company’s loss is another company’s gain.” Indeed, two non-tech firms have recently moved to tap into the rich talent pool, signaling a growing trend across industries to scoop up talent made available by IT layoffs and hiring freezes.
“Jaguar Land Rover is creating a new employment webpage for displaced workers from the tech industry to explore career alternatives,” the business claimed, “after news of large-scale job losses from technology organizations.”
Even as hyper-digital, startup-centric sectors like FinTech struggle to find their place in the new economic reality, Jaguar Land Rover’s engagement shows that the digital skill sets that have fuelled their innovation boom are valued in other industries as well.
A check of Jaguar’s employment board indicates that the business is searching for dozens of software developers in areas such as cybersecurity, data science, and cloud computing at its Manchester technological base.
Indeed, newly laid-off programmers will be relieved to learn that popular programming languages such as Python and C++, which are used in web and app development, are also in demand in the modern automotive industry.
