Several companies have also seen their valuations fall, which makes stock options less attractive, but workers are still sticking around.
“With larger corporations, it’s difficult to make an impact. You don’t always feel heard, sometimes you end up feeling like just a number,” she said.Tech companies offer splashy offices with foosball tables, free meals and even nap pods. Many treat workers to unlimited vacation, embrace flexible hours and foster more relaxed environments, where staff feel they can experiment.
That’s part of why Jermaine L. Murray, who was laid off from Toronto finance company Wealthsimple in July, is still focused on helping people find jobs at tech companies like Meta, TikTok, Shopify and Microsoft. “I said, ‘My goal is to double the amount of Black people that work here. Are you going to get in my way or are you going to help me?’” he recalled.2:43He was later laid off, but it felt like “a breath of fresh air” because he realized he could build out Jupiter HR, his career coaching and recruitment business that places workers at tech companies including Wealthsimple.It’s common for tech workers to build companies during downturns, said Snobar.