The Scoop is a bonus series, covering patterns and trends I’ve heard within big tech and high-growth startups.
In The Scoop #6, I observed how The Great Tech Reshuffle – fury of job changes across tech – looks to be starting. This shuffle will only be picking up speed, thanks to a few events and trends, which we look at in this issue:
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Bonuses paid out, and response rates are already up for reachouts from recruiters and hiring managers.
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Stock price woes and attrition. Stocks are not only down, but many are up. And this duality will result in heavy attrition. Also: forget hiring from Nvidia.
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Hiring budgets increased. The market keeps moving up – and catching up – with salaries.
