UAE can offer good opportunities to staff laid off by Meta, Twitter, Amazon

UAE can offer good opportunities to staff laid off by Meta, Twitter, Amazon

The three US-headquartered technology giants recently announced that they were laying off around 25,000 employees in order to cut costs

Published: Sun 27 Nov 2022, 1:35 PM

Many talented technology professionals who were laid off by global giants including Meta, Twitter and Amazon in the past few weeks will be attracted to UAE as the local jobs market is experiencing the strongest growth in six years.

The recruitment professionals believe that UAE can offer these IT professionals various job opportunities, especially with the growing number of startups and fintech companies. In return, this will also benefit startups to choose from the best talent as the market sees a shortage of skilled IT personnel.

The three US-headquartered technology giants recently announced that they were laying off around 25,000 employees in order to cut costs.

The UAE market is also facing a shortage of skilled personnel with IT skills as around half – 48 per cent – of local businesses see a shortage of skilled professionals as one of the main threats to their businesses, according to Equinix 2022 Global Tech Trends Survey.

It said the most in-demand tech employees are IT technicians, cloud computing specialists and those with an AI/machine learning aptitude. Other skills shortages include security