Australia, with its growing technology workforce, is increasingly attractive for workers who are highly skilled in this area. Globally, technology companies were strong during the pandemic pressures of 2020–21, however many are now preparing for a potential economic slowdown. They’re cutting costs, increasing efficiency, and innovating to remain competitive and grow revenue. A recent Deloitte survey found that the main strategic concerns for technology decision-makers over the next two to three years were: macroeconomic uncertainty, followed by workforce issues and then the competitive landscape. Workforce issues are a growing concern. Having aggressively built teams to meet demand during boom years, in the fourth quarter of 2022, hiring freezes began to kick in, as did layoffs. And now, according to Deloitte’s 2023 report, tech companies are working out how to ‘right-size’ their workforce: they’re restructuring by reducing numbers, reorganising upper management, cutting costs, and changing job roles to make a profit more efficiently and meet updated business objectives. Of technology decision-makers surveyed by Deloitte, 58% said recruiting talent is a major challenge, and 48% said the same about retaining personnel. For smaller, growing companies – like many in Australia – the good news is that these workforce reductions should make acquire newly available talent. And of course, that’s also good news for highly skilled tech workers looking to relocate to Australia. Australia offers temporary and permanent visa options within our skilled migration program that individuals can access, and organisations can take advantage of to grow their skilled workforce. These include: Employer sponsored program – subclass 494, 482 and 186 visas General Skilled Migration program – subclass 491, 189 and 190 visas Global Talent visa program – subclass 858 visa Need Help? If you’re planning to move to Australia – or if you’ve identified talent outside Australia that meets your growth objectives – the Ayers Group can help you. With over 20 years in the business, and as one of few companies approved by the Australian Department of Home Affairs (Immigration Department) to hire and on hire international workers, we can assist with visa applications, manage the employment of international workers, and even employ workers then on-hire them in Australia. Contact one of the experts on our team to find out how we can help your business.