The Business Times
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Tech layoffs turn talent hiring into employer’s market

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Benjamin Cher

Benjamin Cher

Published Mon, Dec 12, 2022 · 05:50 AM
    • The tech employment market is quickly turning into an employer's market, with job seekers needing to temper salary expectations.
    • The tech employment market is quickly turning into an employer's market, with job seekers needing to temper salary expectations. PHOTO: ZB FILE

    TECH companies are quickly shedding jobs, marking a reversal of their hiring rampage over the last few years. And salaries are starting to ease from the giddy levels reached during the height of the tech talent grab.

    But there’s an upside – talent is quickly being soaked up by startups and other employers.  

    Layoffs have swept through the tech ecosystem as companies – from giants Meta and Sea to online classified ads platform Carousell and hiring startup Glints – strive to cut costs and preserve cash. 

    StartupsEmploymentTech talent

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