After the Brexit referendum outcome was announced in 2016, Crimson initially saw a slight softening in number of IT recruitment requirements from some of its clients. This was likely due to a ‘fear of the unknown’. However, the IT jobs market didn’t dwell on this for long, and good levels of activity continued throughout 2018. Come Friday 29 March 2019, the day scheduled for Britain to leave the EU, the market for tech talent may look and feel very different.
As an IT recruitment agency, Crimson is concerned that that the current skills shortage may be exacerbated by Brexit, as a substantial portion of the UK’s tech talent originates from the EU. The Recruitment and Employment Confederation (REC) has estimated that 6% of digital technology workers are EU nationals, and that 20% of tech workers in London originate from the EU. Should a large portion of these people decide they don’t want to live and work in post-Brexit Britain, a very substantial void could be created in the IT jobs market place, particularly in the capital.