“We’ve seen larger technology and software companies prioritize skills over degrees because of the speed at which the industry evolves. Often, somebody may have gone to college quite some time ago, so what you learned in college doesn’t necessarily translate to skills that the job market demands,” Nguyen said.
Shift toward skills-based hiring Other industries in which companies are loosening degree requirements for job candidates include finance and insurance, health care and social services, education, and information services and data, according to Intelligent’s report."