What Twitter's layoffs mean for Bay Area tech workers - Silicon Valley Business Journal

  • 📰 svbizjournal
  • ⏱ Reading Time:
  • 69 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 31%
  • Publisher: 59%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

'This is going to ripple throughout the tech industry,' says Meredith Firetog, a partner at the lawfirm Sanford Heisler Sharp.

But tech jobs are still in demand, according to recruiting firm Robert Half.

“There is so much pent-up demand from the pandemic years of companies holding on head count," Robert Half district presidentSome jobs might never show up on LinkedIn or through other recruiting channels, though, if companies rely on"The scale and swiftness of the layoffs at Twitter could still have"profound" impacts on the tech industry, though., a partner at the law firm Sanford Heisler Sharp, told me.

"You have somebody who has taken over this company that has a track record that the law doesn’t apply to him, and that could have a profound impact on the tech industry," Firetog said."Will Twitter still be Twitter in a few months? In a year? It's a question about this change in the company — losing employees and changing the way Twitter works will have a profound impact on the industry.

And while it's undeniable that the layoffs at Twitter are happening under unusual circumstances, they reflect broader trends in both the Bay Area and the tech industry, according to Kenneth Rosen, a UC Berkeley professor emeritus and chair of the"Along with other layoffs and hiring freezes in the Bay Area by other tech companies is really a sign that a new recession is about the begin in San Francisco," ompanies are finding San Francisco less attractive because of the high cost of...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 334. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines