As the coronavirus crisis continues, hiring data is emerging that paints a mixed picture for U.K. tech, which, in the preceding months and years, has been stuck on a growth trajectory of up and to the right. That appears to have changed almost over night.
According to numbers shared exclusively with TechCrunch from job sites Adzuna (which also powers the U.K. government’s “Find a job” service and provides data to No. 10) and WorkinStartups, tech hiring activity amongst 100 of the U.K.’s top tech companies has fallen 31% in the last month. Furthermore, over 25,000 job vacancies across the tech sector as a whole have been lost between March and April.
In addition, more than 50% of those companies have dialed back on hiring, while a number of unicorns have furloughed staff. The result is that there are now thought to be 38 job seekers on average per available job — the most competitive for each vacancy U.K. tech has been since the 2008 financial crisis.
Chosen excerpts by Job Market Monitor. Read the whole story @ UK tech job vacancies fall 31% in less than 4 weeks, according to job site data – so who is still hiring? | TechCrunch