Skilled tech workers snapped up despite downturn
Summary
While the start-up first wanted to grow by hiring generalists in the tech sector, Mr Gogan says today they are seeking specialists who can focus on scaling the company and help others who may need mentoring. The rise in tech worker layoffs is also indicative of two other trends in this market, according to Lu Zhang, managing director of VC firm Fusion Fund in California. "Companies now feel an urgency to reserve cash, and founders see those high salaries they once offered as not being very cost-efficient." Ms OMara sees another set of skillshiring tech companies find desirable: compassion and empathy. "While there has been such a relentless focus on engineering skills, companies want to ensure that there are voices in the room that understand the sociology of the products they produce and the impact they have on various geographies and political systems," she says.