Tech Layoffs Lead to Increased Job Openings and Easier Poaching
TL;DR Summary
Layoffs in major tech firms have made it easier to poach star AI talent, according to Sasan Goodarzi, CEO of software giant Intuit. Goodarzi said that employment instability at major tech firms is making it easier to poach star talent even when they still have jobs. Intuit has been investing heavily in artificial intelligence since Goodarzi took the top job in 2019. The company has not conducted large-scale layoffs similar to other tech firms, and that the company had been "intentional" about how it had grown parts of its business.
- Big Tech employees are so unnerved by mass layoffs that they're now easier to poach, according to the CEO of software giant Intuit Yahoo Finance
- Aspiring tech workers remain unfazed by mass layoffs in Silicon Valley NPR
- Hundreds more tech and biotech layoffs jolt Bay Area job market The Mercury News
- Job Openings at Small Businesses Jump 80% After Tech, Finance Layoffs Bloomberg
- Big Tech lay-offs are already costing them Fudzilla
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