Amid layoffs and flux, the future for tech workers in Canada looks bright, experts say

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In-demand tech roles include software engineering, security and compliance engineering and project management in technical domains, expert says

Despite numerous layoffs in the technology sector in Canada, there’s still a large demand for tech talent, says a veteran engineering leader and technology expert.The current market has created a shift in terms of available opportunities for tech talent as companies have become more selective about the skill set, seniority and quality of candidates they want.

Additionally, tech workers looking to remain relevant in the current macroeconomic environment should focus on quality assurance and testing, security and project management because these roles are ubiquitous and exist in virtually all companies, he said.In Canada and the United States there are currently more than 7.

“The scorecard shows how competitive and tightly clustered the top tech markets are right now,” said CBRE Canada Chairman Paul Morassutti in a. “After a period of hypergrowth, the global tech sector, is facing headwinds and like many other sectors of the economy, tech has had to adjust to changing economic circumstances with office rightsizing and layoffs.”

“Canadian tech is on a path to a more normalized, sustainable growth trajectory, which will make for a healthier sector in the long run,” Mr. Morassutti said. “You could say that Canada’s tech sector has shifted from office-market juggernaut to a sleeping giant in the short-term.” Those in data engineering and data science should educate themselves on generative AI and how it can add organizational value. For example, data pipelines will most likely be one of the first places for companies to connect with large language models .

 

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