AI-Related Layoffs Are Rising. Here’s What That Means for IT Hiring.

Artificial intelligence has long sparked fears of job displacement, and both IT leaders and workers have been doubly cautious since the start of the generative AI boom. Now, nearly two years after the launch of ChatGPT, we’re seeing a measurable impact on the job market.

Between May 2023 and April 2024, companies cut over 5,000 jobs due to artificial intelligence. Recently, Intuit laid off 10% of its workforce in a large-scale pivot toward AI investments, and it plans to hire a significant number of new employees to drive the transformation.

To be clear: AI-fueled layoffs are still somewhat uncommon. But while AI isn’t stealing jobs in the IT industry the way people once imagined, it is changing business priorities and the technical skills companies need to stay competitive.

Insights from Our Recruiters

How can you keep up with AI developments in the IT field? Hiring the right people—and implementing effective strategies to attract them—is key. Get actionable tips from our latest blog post.

Hiring Software Developers for the AI-Powered DevOps Lifecycle

Artificial intelligence tools are proliferating in the software development field. As AI advances, businesses need more than coding language fluency and data structure expertise to achieve unmatched quality and efficiency throughout the DevOps lifecycle. This blog post highlights three skills that separate AI-savvy developers from the pack and how you can attract cutting-edge talent.

Our Pillars of Staffing Success

Our technical staffing experts know a great hire doesn’t just check the boxes. Top IT professionals provide the skills and expertise you need to develop future-proof solutions for your team. So, what makes us confident that we can match you with candidates who can help you thrive in the AI revolution? We live and breathe one of our core values: Drive execution and get it done the right way.

If you’re searching for technical professionals in today’s AI-driven market, your commitment to getting things done right can help you make excellent hiring decisions, too. Take Capstone IT, for instance. Our proven recruitment processes accelerate hiring results, but they also ensure we take a thorough approach—assessing business objectives, candidate skills, and technical hiring trends—to meet your evolving demands. Focusing on the quality execution of your hiring goals will make every technical hire especially valuable.

Build a future-proof technical team with support from an experienced IT staffing firm. Contact Capstone IT to get started.