The "State of Upskilling 2023" report discusses navigating economic uncertainties and the importance of upskilling amidst talent shortages and inflation. Despite economic challenges, upskilling remains crucial for optimizing labor costs, filling skill gaps, and improving organizational success. The report, informed by a survey of over 1,200 technologists and leaders globally, highlights that investing in current employees through structured upskilling is more cost-effective than hiring new staff. The findings emphasize the need for aligning tech skill development with business outcomes and providing immersive, guided learning to maximize ROI and enhance employee capabilities.

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