Silicon Valley Layoffs Mean Washington, D.C., Is a Hotter Tech Hiring Market

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Laid-off technology workers in Silicon Valley might have more job options flying east

to consider jobs in other industries—such as banks, telecommunications firms and retailers. They say those firms can offer career growth and security, even if there aren’t stock options or Valley-style perks such as cold brew on tap at the office.

She said she was laid off in January and is looking for a job again. This time, she said the roles matching her criteria seem increasingly to be based in smaller cities or in New York, not San Francisco or Seattle.PREVIEWMs. Srivastava would prefer to stay in New York, though her priority is to land at a company that will sponsor her visa.

Mr. Hocking attributes some of the demand on the East Coast to financial institutions wanting to hire their own technology talent, instead of contracting it out, as well as major corporations’ expansion to Washington, D.C.SHARE YOUR THOUGHTS Pay for software jobs is highest in San Francisco and San Jose, though Los Angeles and New York show high pay, too, according to an analysis by Motion Recruitment Partners LLC. Cities with lower pay include Charlotte, N.C., and Philadelphia.

Jeff Martin found a software-engineering position that allowed him to work remotely on the East Coast.The company has no plans to reopen the San Francisco office, he said, while leaders plan to reopen the New York office—at employees’ request—later this year. “These are vibrant, magnetic places to make your career, if you’re a young person, or if you’re an adult, building your family,” she said.

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Flying east for a job would be a step backwards for most of the Silicon workers.

Uh oh, it’s spreading

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