Big fish land in tech’s talent pool amid layoff woes

The continuing slowdown in Big Tech has left many senior executives at a loose end, with a majority open to looking out for new jobs but faced with a situation where there aren’t enough suitable openings in the market.

Executive search and hiring firms including Transearch, Longhouse Consulting, CIEL HR and GI Group Holdings say that unlike earlier, when it was difficult to even pin down senior Big Tech professionals for job offer conversations, now they’re the ones who often make the first move.

“This is a classic syndrome of a ‘slowdown market’ where a lot of inaccessible talent has now become accessible. For instance, if a company is seeking to hire a CTO, the quality of talent now available in the market will be very strong,” said Anshuman Das, CEO of Longhouse Consulting.

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