The current moment may give well-capitalized tech companies a chance to poach skilled workers
The biggest players in tech are hoovering up talent in the midst of the coronavirus pandemic.
As some of Silicon Valley’s most-promising startups lay off workers and others freeze hiring, established companies including Apple Inc., Alphabet Inc.’s Google and Amazon.com Inc. are pursuing software engineers, data scientists, product designers and others. Facebook Inc. says usage has spiked during coronavirus and it is committed to policing platforms ahead of the 2020 presidential election, so it will hire more than 10,000 people this year for critical roles on its product and engineering teams.
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The current moment may give well-capitalized tech companies a chance to poach skilled workers who until recently were gravitating to smaller upstarts, veteran technology recruiters say.
“This is a great time” for some of the industry’s biggest players, says Martha Heller, chief executive of tech recruiting firm Heller Search Associates, noting that stability is a selling point now. “The big, 500-pound gorilla has always come in and hired from smaller, less-stable companies—you’re just seeing the beginning of an increase in that.”
Source: livemint
