Ionuț Lolea

Ionuț Lolea is the Chief Economist of the Confederația Patronală Concordia, where he provides insights on economic trends in Romania. Recently, he commented on the ongoing wave of layoffs in the IT sector, noting that the industry has seen a significant reduction in workforce, with estimates indicating that 2,500 to 3,000 employees have lost their jobs since the beginning of the previous year. Lolea highlighted that, contrary to previous growth trends, the IT sector is now experiencing a decline in both employment and revenue.