The technology sector has expressed its concern over finding tech talent in the face of Brexit.
According to Andrew Horne, practice leader at business management consultant firm CEB, firms are likely to cut spending and freeze projects until the landscape becomes more certain.
He said: “Faced with market uncertainty and the possibility of a downturn, combined with lack of clarity on the eventual shape and impact of Brexit, companies may decide to take a defensive stance by cutting spending or a wait-and-see attitude by delaying or scaling back projects.
“In particular, it may take longer for 2017 plans and budgets to settle down.”
One of the long-term effects of an EU departure is the need to re-evaluate where firms will find skilled IT workers, and whether they can keep those they already have.
Horne added: “Depending on how the negotiations between the UK and EU pan out, many other IT decisions could also be affected.“For example, questions relating to IT skills needs, recruitment plans and IT organisational design.”
The UK is currently suffering from a digital skills crisis, with firms unable to find the skilled workers they need and the number of people unable to use technology, costing the economy £63bn a year.
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