Spending cuts: Private sector a safe haven for IT pros?

What Winchester has failed to point out, however, is that many private sector jobs will be lost as a result of the spending cuts.

Prior to the spending review, a PwC forecast suggested a million jobs would be gone once the austerity measures really kick in, half of them from the private sector.

Just today, shadow chancellor Alan Johnson said the Government has not only committed to "throw people out of work," it had also cut "the support to help people return to the workplace."

This surely means the private sector safety net that would catch' IT and telecoms workers will not be as welcoming as Winchester believes.

A new hope

However, according to PricewaterhouseCoopers (PwC), it appears there are reasons for IT workers to be cheerful.

Partner at PwC Claire Hall told IT PRO private companies have been well prepared for Osborne's announcement and should now look to take advantage of some of the positive aspects set to come out of the cuts.

"The big companies who supplied IT services into the Government moved quickly 12 months ago," Hall said.

"They saw changes were coming and were fast off the mark."

Now, Hall said private firms can make the most of the situation and snap up workers leaving public sector roles, especially the highly-skilled ones. Then these same companies can provide services to the Government.

"There is hope, there are some pretty positive messages for people with strong IT skills," she claimed.

Tom Brewster

Tom Brewster is currently an associate editor at Forbes and an award-winning journalist who covers cyber security, surveillance, and privacy. Starting his career at ITPro as a staff writer and working up to a senior staff writer role, Tom has been covering the tech industry for more than ten years and is considered one of the leading journalists in his specialism.

He is a proud alum of the University of Sheffield where he secured an undergraduate degree in English Literature before undertaking a certification from General Assembly in web development.