COVID-related U.S. IT job losses tick up as spike in cases creates uncertainty: report

The wave of IT layoffs caused by the COVID-19 pandemic did not end in May 2020 as expected, with June seeing 6,000 additional layoffs as business uncertainties rose over the increase in coronavirus infections in much of the U.S., according to new data from management consulting firm Janco Associates. The pandemic’s economic fallout had resulted in about 117,000 job losses in U.S. IT positions in April and early May 2020, plus another 6,000 in June.

The unexpected increase in COVID-19 infections across most U.S. states in June led to the additional layoffs, and Janco’s June survey of U.S. IT organizations shows that further layoffs—though at the relatively small scale seen in June—are now largely expected given the business uncertainties. That survey also said that salary increases for IT staff are “a thing of the past.”

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