Tech Job Market Bounces Back: Skyrocketing Positions for Engineers, Fintech & More
New stats from Otta (a startup that helps people snag gigs at buzzing tech firms) point to a brightening horizon in the tech hiring scene. If you’ve been feeling lost in the market’s roller‑coaster, this is the news that says, “Hang tight, the ride’s getting smoother!”
Number Crunch: September’s Tech Jobs
- 3,495 tech roles listed in the UK – almost hit the pre‑lockdown peak of 3,552 jobs seen in March.
- Racing ahead from June’s low of 2,041, that’s a 71% jump.
- Even with the new COVID‑19 restrictions, the trend keeps climbing, proving tech’s knack for staying nimble.
CEO Sam Franklin Says Anything Goes
“We’re in a tricky time for both firms and job seekers, but the numbers are a breath of fresh air,” says Otta co‑founder Sam. “Tech companies are still sprinting ahead in fast‑growing markets. Even with tough economics, many are scaling quickly.”
Investor buzz is alive too: £663 m was raised by UK startups during lockdown, focusing on fintech, AI, security, and blockchain. London’s government later pledged a £500 m boost to promising tech ventures, hinting that job openings will rise as these companies grow.
Which Roles are Hot?
Here’s the snapshot:
- Software Engineering – 1,116 roles
- Product Management – 1,037 roles
- Design / Data Analysis – combined 1,924 roles (over half of all hires)
Engineer demand is especially fierce, now eclipsing past figures from March.
Fintech Still Leading the Pack in London
Sir, it’s still the marquee sub‑sector:
- 843 roles on offer – a dip from March’s 1,139, but on a steady rise.
- Powerhouses like Revolut, Checkout.com, iwoca, and GoCardless keep pushing the needle.
- Revolut alone has been hiring like crazy, always topping the chart in March, June, and September.
Deputy Mayor Rajesh Agrawal chimes in: “London’s tech groove is a key driver of economic recovery. Despite challenges, the city stays #1 for tech jobs and investments.”
Surprises: Gaming & Social Boom Post‑Lockdown
Two sub‑sectors are actually doing better than pre‑pandemic levels:
- Gaming: 110 roles in March → 179 in September.
- Social: 74 roles in March → 234 in September.
People turned to these arenas for entertainment while stuck at home, and the demand just kept inflating.
Case Study: Hopin’s “Remote‑Ready” Growth
Online event platform Hopin has exploded thanks to the shift away from in‑person gatherings:
- Raised $40 m in June.
- Team grew 300% in six months (since April) and aims to double again by end of 2020.
- Everything runs remotely – the new normal!
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