If you’re a company that heavily relies on engineering and sales talent, keep an eye on companies who are downsizing (laying off people).
In late 2015 Twitter decided on a big layoff estimated at about 8 percent of its workforce, with particular emphasis on product and engineering departments. This sparked a huge hiring frenzy in the Bay Area and the employers that were smart and fast to act benefited greatly.
Made some tough but necessary decisions that enable Twitter to move with greater focus and reinvest in our growth. http://t.co/BWd7EiGAF2
— 🚶🏽jack (@jack) October 13, 2015
Many companies looking for engineers took full advantage of the #twitterlayoffs hashtag, here are a few:
— Brady Paron (@bradyparon) October 13, 2015
— David Tobey (@detobey) October 13, 2015
— Mike Olson (@mikeolson) October 14, 2015
Keep an eye out for layoffs — one company’s trash could be your treasure!