Report: 2023 Markets & Hiring

Engineering leaders, create a 2023 gameplan.

Engineering leaders, create a 2023 gameplan.

Get actionable tips on some of the most important budget and talent considerations for 2023. This executive summary covers macroeconomic trends and shifts in the hiring market so you can better understand how 2023’s market conditions will affect you.

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Get a full debrief on the economic and hiring trends that engineering leads need to know.

53%VC funding decreased YoY

Funding

Startup funding plummeted in 2022, which means a tough year ahead for startups
51%of IT orgs to increase 2023 spending

Budgeting

Despite a challenging economic climate, more than half of IT orgs will spend more in 2023
23%of IT pros will apply only to remote jobs in 2023

Hiring

Supporting distributed teams will be a crucial differentiator for hiring and retention

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