The Ukrainian IT industry is experiencing a decline: in the first half of 2024, the number of employees in the 50 largest companies decreased by 2.9%, reaching 79.4 thousand people. There is a trend towards opening new offices abroad and closing some in Ukraine.
Crisis of the IT sector of Ukraine
Staff reduction in leading companies
According to the DOU portal, in the first six months of 2024 the situation in the Ukrainian IT sector has worsened. The leading 50 companies in the industry lost about 2.4 thousand employees, which is 2.9% of the total number of specialists compared to the same period last year.
Reasons for the outflow of specialists
Experts identify several factors contributing to the decrease in the number of IT specialists in Ukraine. Among them: emigration and legalization of Ukrainian professionals abroad, a decrease in the number of active projects, the dismissal of employees who have been in reserve for a long time, as well as restructuring and layoffs in some companies.
Current IT sector statistics
As a result of these changes, the total number of specialists in the top 50 IT companies in Ukraine decreased to 79.4 thousand people. This figure includes both workers located in Ukraine and those who traveled abroad but continue to pay taxes to the Ukrainian budget.
Dynamics of growth and contraction of companies
During the first half of 2024, 12 companies reduced their staff by more than 100 specialists. At the same time, 18 companies showed growth, half of them were food companies, and only three were service companies. There is an increase in the share of food and hybrid companies in the ranking, while the share of service companies has decreased.
Trends in opening new offices
Currently, new offices of IT companies are mainly opened outside of Ukraine. 11 companies opened new representative offices abroad, while 6 companies closed one of their offices in Ukraine.
Glossary
- DOU - the leading Ukrainian web resource for IT specialists
- IT - information technology, an industry related to computer systems and software
- Bench - the period between projects when a specialist is not involved in active work
- Product companies - companies developing their own IT products
- Service companies - companies providing IT services to others organizations
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Answers to questions
How has the number of employees changed in the largest IT companies in Ukraine in the first half of 2024?
What are the main reasons for the decrease in the number of IT specialists in Ukrainian companies?
How has the structure of the Ukrainian IT market changed in the first half of 2024?
What trends are observed in the opening of new offices of IT companies?
How many of the top 50 companies have seen significant staff reductions?
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Discussion of the topic – Exodus of IT specialists from Ukraine: how the industry landscape is changing in 2024
An analysis of the ranking of the top 50 Ukrainian IT companies shows a reduction in the number of specialists by 2.4 thousand people in the first half of 2024, which reflects the continuing trend of personnel outflow from the industry.
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Emilia
Wow! The ranking of IT companies shows that the industry is going through hard times. A decrease of 2.9% is serious. I wonder how this will affect the job market in the long term? 🤔
Hans
Emilia, I agree, the situation is not easy. But I am more concerned about the outflow of specialists abroad. This could lead to serious labor shortages in the future. Although, maybe this is a chance for young specialists to prove themselves? 🚀
Sophie
Guys, I’m surprised that product companies are growing, while service companies are decreasing. Hans, maybe this is just an indicator that Ukrainian IT specialists are becoming more in demand for creating their own products? 💡
Antonio
Sophie, great observation! I think this may be due to the fact that food companies are more resilient to crises. A friend of mine recently moved from a service company to a grocery company and is very happy. He says there are more opportunities for growth there. 📈
Oleksandr
This is all bullshit. IT industry, ratings, new offices abroad... Previously, people lived normally without all these computers and the Internet, and they managed nothing. And now you only hear about some startups and innovations. Ugh! 😒
Isabella
Oleksandr, I understand your dissatisfaction, but progress cannot be denied. The IT sector creates jobs and brings income to the country. As for offices abroad, this may be a temporary measure. The main thing is that specialists continue to work for the benefit of Ukraine, wherever they are. 🌍
Lukas
Isabella, I completely agree! I recently participated in an international IT project, and I can say that Ukrainian specialists are highly valued abroad. Maybe it will even help attract foreign investment in the future? 💼🤝
Emilia
Lukas, great idea! I also think that this crisis can become an impetus for the development of new directions in IT. Maybe it's time for us all to think about retraining or learning new technologies? Who's with me for AI or cybersecurity courses? 🤖🔐