Finding the talent you need by reducing the imbalance in the IT industry and finding jobs?

CNBC, a U.S. economic media outlet, reported on the 18th (local time) that at least 240,000 people have lost their jobs since last year due to massive layoffs in the U.S. IT industry. It is analyzed that the reason is the difference in labor-management perceptions of working conditions such as firm recruitment methods and working from home and work.
On this day, startup analysis platform Crunchbase analyzed that a total of 240,000 people were laid off from U.S. IT companies from January last year to the 17th, and 106,000 of them were laid off this year. The estimate of the IT industry layoff tracking platform Layoffs is higher, with 161,000 people being laid off last year and 139,000 people being laid off by the 18th this year.Amid such mass layoffs, some IT company personnel managers say it is difficult to find the talent they want. According to a survey of 1,000 human resources managers conducted by General Assembly (GA), a U.S. talent placement and retraining company, nearly 90% of the human resources teams said they were having difficulty finding talented people in the technology sector. In fact, according to a January report by Zanko, an IT company consulting firm, about 109,000 jobs in the IT sector are not filled in the U.S.

(Source from Reuters/Alamy)


In an interview with CNBC, Rupe Colangello, GA’s talent and operations manager, said, “The existing recruitment method is too slow to respond,” citing the company’s inflexible recruitment process as the reason. For example, only half of Generation Z workers (born in the mid-1990s and early 2000s) in the U.S. are willing to earn a four-year college degree, and the media pointed out that companies that insist on four-year college graduates narrow their own talent pool.Differences in positions between labor and management on the work environment are also affecting job search difficulties.

(Source from Reuters/Alamy)

According to a survey conducted in January by IT-specialized job search platform Built-in Dotcom, 70% of job seekers wanted to work from home, but only 38% of jobs registered with the company at the same time were able to work from home.”According to the U.S. National Statistical Office, we are expected to lack 1.2 million engineers in the U.S. by 2026, and companies that provide flexible working methods that applicants want will win the talent competition,” said Maria Katris, CEO of Built-in.

Chang-young CHOI

US ASIA JOURNAL

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