Startups Look to Scoop Up Laid-Off Tech Workers

‘A few years ago, there was no way we could’ve attracted candidates like this, ’ one startup co-founder says.

Flush with investor capital, technology startups plan to scoop up software developers, engineers and marketers flooding the labor market following job cuts at Twitter Inc., Lyft Inc. and other large tech employers.

Kathy Zhu said she is lining up candidates for engineering, customer service and other roles at Streamline AI, the two-year-old tech startup she co-founded. They include prospects from “two or three companies that just had big layoffs,” she said.

“There’s an abundance of talent right now, because of these layoffs,” Ms. Zhu said. “A few years ago, there was no way we could’ve attracted candidates like this.”

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This article was written by Angus Loten for The Wall Street Journal.

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