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

By The Wall Street Journal

February 8, 2023

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Layoffs by technology giants and startups have created a windfall for nontechnology companies in Washington, D.C., and New York City starved for software engineers.

Workplace-data company Vertis AI estimated the D.C. region and New York metro area posted roughly 3,815 and 3,325 software-engineering jobs, respectively, at the end of last year, compared to 2,369 in San Francisco and 2,084 in San Jose.

Many of the more than 150,000 tech layoffs last year were concentrated in those California cities, while recruiters say businesses like banks, telecoms, and retailers are offering more secure jobs and career growth.

Vertis' Sam Hocking said there were more positions for software engineers around the nation's capital compared to those in every other analyzed metro area.

From The Wall Street Journal
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