Poland IT Market

Main article: Economy of Poland

Chronicle

2024: Almost all IT companies in Poland lay off employees due to AI

In mid-April 2024, it became known that approximately 95% of Polish IT companies are forced to reduce the number of personnel. This is due to several factors, including the difficult macroeconomic situation, increased market competition and the rapid introduction of artificial intelligence technologies.

It is noted that in two years (by the beginning of 2024) the debt of the IT industry in Poland increased by a third, reaching about 264 million zlotys (about $64.63 million at the exchange rate as of April 16, 2024). This is due to the global deterioration of the industry situation and a sharp decrease in demand for IT services. In this situation, the struggle for contracts in the IT sphere has intensified, and companies are forced to agree to less and less profitable offers. As a result, profitability is reduced, while costs remain consistently high (including payroll costs).

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At the beginning of 2023, when a wave of layoffs in technology companies began around the world, the situation in the Polish IT sector looked quite stable. Local businesses were counting on a rapid recovery of the industry, despite the reduction in the number of projects. However, it was not possible to cope with the crisis in a short time, and IT companies in Poland also began to reduce staff. It is said that the largest reductions in the number of employees (by about a quarter) were recorded in small companies with up to 50 employees.

Now it is difficult to talk about stabilization. Employers are certainly taking business decisions much more carefully and watching global trends even more closely, says Przemysław Mikus, vice president of the Software Developers Association (SoDA).[1]

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