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Gattaca Plc

Most engineering employers think new technologies will not lead to job losses

A new report into the impact of technological change on the ECI, published by industry skills body the ECITB, surveyed more than 800 employers in this vital sector of the UK economy.

Twice as many employers said new and emerging technologies, like automation and artificial intelligence, will see their workforce grow (20%) over the next three years compared to those who think it will shrink (9%), with the majority citing improved efficiency (81%) and precision (65%) and new business opportunities (55%) as likely benefits.

Gattaca (LON:GATC) (formerly known as Matchtech Group) has grown into an international business with more than 800 staff around the world.
The Gattaca group of companies consists of a number of specialist recruitment brands including the UK’s number one engineering recruitment specialist (Matchtech) and a top five technology recruitment specialist (Networkers).

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.