After big tech layoffs, Silicon Valley may have lost its monopoly on workers

So far this year, several technology companies have announced layoffs, including Google, Amazon, and Discord. These layoffs come as tech workers seek more stability and prioritize cash over equity. Non-tech enterprises have been successful in attracting tech talent by offering stable employment and the opportunity to live in more affordable cities. According to reports, non-tech companies have already secured about 60% of tech talent, while tech companies have been responsible for a significant portion of global workforce layoffs. Despite the shift away from big tech, there are still some advantages that high-growth companies offer, such as remote work flexibility and a culture of innovation.