Big tech cutting back on hiring is an opportunity for startups

Published by
Peter Kavinsky

Once seemingly unstoppable, big tech is now in reset mode.

We’re not talking about Snap’s earnings sending its stock plunging, or Twitter’s lackluster earnings report from earlier this morning. No, we’re talking about big tech. The world’s largest tech companies are pulling back in a way that could, perhaps, clear some brush for startups still making their way through the wild (the private markets) towards the promised land (the public markets).

The Exchange explores startups, markets and money.

Read it every morning on TechCrunch+ or get The Exchange newsletter every Saturday.

This is good news for smaller companies, which were long irked at the sheer amount of cash the Googles and Microsofts of the world could throw at potential hires, some of whom came from smaller, more financially-constrained startups.

But as with most good news, there’s a catch.

Source: TechCrunch

Peter Kavinsky

Peter Kavinsky is the Executive Editor at

Published by
Peter Kavinsky

Recent Posts

  • News

The singing teacher rated the main hits of the summer: what is the secret of Shaman’s voice and the super popularity of Asti’s new song

Anna Asti's track "Bar" has been at the top of the charts all summerA picture:…

3 mins ago
  • News

Pellegrini announces Bartra’s move to Trabzonspor | Sports

Betis manager, Chilean Manuel Pellegrini, revealed this Sunday that defender Marc Bartra "decided to leave"…

4 mins ago
  • News

Lorient vs Olympique Lyonnais LIVE: Ligue 1 team news, lineups and more

An overview of the Stade Yves Allainmat – Le Moustoir (AFP via Getty Images) Follow…

5 mins ago
  • News

VAR of Alanyaspor – Beşiktaş match has been announced

News Besiktas News VAR of Alanyaspor - Beşiktaş match has been announcedBeşiktaş will be a…

8 mins ago
  • News

TMO starts buying hazelnuts on 22 August

Starting to buy hazelnuts on August 22 TMO purchased 77 thousand tons from 50 thousand…

9 mins ago
  • News

2022 Vermont High School Football Scores

Click Here to Watch this High School Football Live Online for Free! Recent 2022 Vermont…

13 mins ago