The heavy layoffs of the global technology companies They could be an “opportunity” for grassroots firms in the Latin American region, in a global scenario characterized in general by a decline in economic growth and in particular by a constant demand for qualified human resources.
This was indicated to Télam by the CEO of Snoop Consulting, Gustavo Guaragnawho remarked that technology-based companies in Argentina “are not laying off, on the contrary, they are taking staff“.
“The value of public companies -in reference to those that are listed on the stock market- is measured by the expectation of growth. With the pandemic The value of these companies that grew by taking on personnel grew a lot.to be able to respond to the demand.
Now, Guaragna added, “after quarters without growth, a global context without growth, investors tend to stop putting money into those companies” who resort to the staff reduction announcement as “a message to investors.”
But the lack of money does not only impact the large companies in the sector that invest in the stock market, because “the high rates cut off the flow of cheap money for investments, which is what the start-ups took. Those that were not profitable, They are left without a project.
He also stressed that “it may be an opportunity for the Latin American region to benefit, because companies that announce layoffs have to continue serving customers, and for this they may choose to outsource.”
In Argentina, “there are no layoffs. The locals are not laying off workers,” added the businessman, who in turn is part of the Permanent Observatory for Software and Computer Services (Opssi), which in February will disseminate the results of the report on the employment situation in the sector in the country in the past year.
This industry, according to the latest data from Opssi, is “the one that generated the most work between 2019 and 2021, with 15,500 new positions”, and historically it maintains a floor of 15,000 jobs without being able to fill it due to the lack of trained resources.
