The Wall Street Journal (WSJ) reported on the 9th (local time) that the professional behavior of workers who have gained experience in Silicon Valley after the job cut vortex of famous tech companies such as Facebook’s parent company Meta, Google, Amazon, and Twitter is different from the past.
According to reports, Silicon Valley workers’ final achievement was to build up their careers and take root in famous tech companies, but since last year, many experienced people have been looking for a new path, putting more weight on stability than fame.
Chris Rice, an executive at headhunting firm Riviera Partners, said, “Many of the big tech companies’ laid-off workers have awakened from fantasy,” adding, “There are many experiences pursuing careers in industries or startups other than the tech industry.”
According to the analysis of Revelio Labs, an actual workplace data provider, the percentage of former tech companies who moved to companies other than tech companies began to rise from the second half of last year.
Traditional companies, which had difficulty scouting due to lower salaries and welfare benefits compared to famous tech companies, have also recently detected this change in atmosphere.
Melissa Warnek, a human resources executive at food and beverage company Kraft Heinz, said experienced people from Metana Amazon, which is rare in the past, are “now coming on their own.”
There are also many cases of entering startups in the early stages of start-up, where annual salaries are inevitably low.
John Q, who worked for a subsidiary of Salesforce and quit the company in January this year and moved to a startup, said he felt a lot of rewards in his work as an engineer, adding, “It’s hard to feel in a large company.”
Some laid-off workers believe the job market is still unstable and make money as advisors to various companies rather than trying to get a full-time job.
Lewis Moynihan, a laid-off former WhatsApp subsidiary of Meta and currently working to help several companies with projects at around $300 an hour, said he did not intend to put himself in the low-cost job market, saying he did not apply for full-time jobs.
