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Just 16% of training budgets have been cut in 2023

Despite rounds of layoffs and growing economic concerns, learning and development budgets aren’t being slashed, according to LeadDev research.
March 22, 2023

Despite rounds of layoffs and growing economic concerns, software engineer learning and development budgets have yet to be impacted.

Just 16% of learning and skills development budgets have been cut over the past six months, according to a survey of 500 software engineers across the globe, including 350 engineering managers, conducted by LeadDev in March.

In fact, 56% of respondents had the same budget available for learning and skills development as six months before, and 7% had more. Another 14% didn’t have a dedicated budget for skills development and 7% weren’t sure.

Those trends were pretty consistent across Europe, the United States, and the rest of the world.

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