tech
March 28, 2026
Over 500 layoffs in Serbia's IT sector in the same month: Is artificial intelligence the only reason for mass dismissals or a good excuse?
Over 500 workers in Serbia's IT sector lost their jobs in March alone. Although the development of artificial intelligence is often cited as one of the main reasons, experts warn that the causes of mass layoffs are much more complex and include state economic policy and global market changes.
TL;DR
- Over 500 IT workers in Serbia were laid off in March due to company closures.
- While AI is often cited, experts believe unstable tax systems and global market shifts are major causes.
- Companies like Zendesk, Lotomatika, and Playstudios ceased operations in Serbia.
- The IT industry is transitioning, with a focus on AI implementation rather than traditional software development.
- Serbia's IT sector is heavily reliant on foreign capital and susceptible to global trends.
- The Serbian IT Association advocates for supporting junior positions and smaller businesses.
- A stable and predictable tax system is crucial for long-term business planning in Serbia.