January 24, 2011, 8:39 PM — IT professionals enjoyed a dramatically improved hiring landscape in 2010, marked in particular by the fewest job cuts in a year since 2000.
That's according to global outplacement firm Challenger, Gray & Christmas, which on Monday reported that employers announced plans to cut only 46,825 IT jobs during 2010--a full 73% fewer than the 174,629 technology job cuts in 2009.
That 73% decline also exceeds by far the 59% decrease in overall job cuts across all industries, which fell from 1,288,033 in 2009 to 529,973 in 2010, the firm reported.
Thank You, Smartphone and Tablets
"Many industries are still struggling, even as the economy recovers; the technology sector does not appear to be in this camp, however," said John A. Challenger, the consultancy's CEO. "These firms are definitely on the leading edge of the recovery, as companies across the country and around the globe begin to upgrade and reinvest in their technology."
The popularity of smartphones and tablets, in particular, is helping to drive growth in electronics, telecom and computers, Challenger noted.
Indeed, Forrester Research predicts that 2011 IT spending will increase 7.5% in the U.S. and 7.1% globally, Challenger, Gray & Christmas noted, while employment research firm Dice expects IT hiring to increase this year.
'Looking for Linux Talent'
Not only are job postings on the IT and engineering site up 40% generally compared with last year, but postings seeking Linux knowledge have increased a full 47% over last year, the Linux Foundation reports. Windows-related postings, by comparison, have increased by only 40%.
"The number of Linux-based projects is rapidly increasing all over this industry," Intel's Linux and Open Source Technologist Dirk Hohndel told the Linux Foundation. "More and more devices and systems and services are built based on Linux, and therefore, more and more manufacturers and vendors are looking for Linux talent."