World Economic Forum suggest tech offers a bright future after redundancy

Representing "more than 14 million workers across 22 industry clusters and 55 economies from around the world", the Future of Jobs report clearly highlight the growth of employment opportunity in various tech sectors up until 2030. 

It lists roles such as "Big Data Specialists, Fintech Engineers, AI and Machine Learning Specialists and Software and Application Developers" as the ones that will see the biggest increases in demand over the next five years. It also talks about how while "two-fifths (39%) of [workers'] existing skill sets will be transformed or become outdated over the 2025-2030 period", there are new skills that will see huge growth in demand: "AI and big data top the list of fastest-growing skills, followed closely by networks and cybersecurity as well as technology literacy".

The report speaks often and broadly about the ever-growing digital skills gaps that UK (and global) businesses need to fill with employees that have up to date tech, cyber, IT, and AI qualifications.

Our main takeaway? The job market has already started shifting and changing dramatically; while for now, this translates into roles that have previously been valuable not existing any more, the future for tech employment is, dare we say, bright!

Re-start a rewarding career in the tech sector

If you’ve dedicated years, even decades, to a particular field, the thought of starting over can be daunting, especially if you're navigating a career change in your 40s or beyond. But here’s the truth, the skills you've built are valuable and often highly transferable into the tech world. From communication and leadership to problem-solving and project management, you likely already have the foundation needed to thrive in a new industry.

Redundancy is tough, but it can be a blessing...

"As someone who's worked in career consultancy for several years, I've spoken to dozens of people who are searching for a new career following a redundancy. They're usually worried about the future, but very often, when I ask them if they were completely happy in their previous role, I uncover that they weren't actually 100% satisfied. It's then my job to help them find something they like more and turn this hurdle into an opportunity.

To these people who have recently been made redundant or are facing the possibility, I always reassure them that the technology sector stands out as a space of unmatched potential. Unlike many traditional industries, tech continues to grow and evolve rapidly, offering pathways that are both resilient and forward-looking. In fact, the areas with the greatest skills shortages — Data, Cyber Security, and Artificial Intelligence — are crying out for new talent.
 
These are not just jobs of the future; they are jobs of the present. And what’s more, tech roles are accessible short courses and certifications. This means you don’t need to start from scratch or go back to university for years to pivot your career.
 
So while redundancy can feel like a setback, it can also be a redirection toward industries where demand is growing, skills are valued, and opportunities are abundant."

Whether you're starting from scratch or looking to upskill, opportunities in this space are broader and more accessible than ever with Learning People. You may even already have desirable skills to help you succeed in the tech industry.

Learning People is a careers business; we specialise in helping people launch or completely change their career through the power of tech and project management qualifications as well as bespoke career advice. Arrange a free call with one of our expert career consultants to discuss your aspirations, salary expectations and employment history so they can advise you on which career pathway may be best for you.