The Wall Street JournalThe Wall Street Journal

Startups Look to Scoop Up Laid-Off Tech Workers

By Angus Loten

06 Nov 2022 · 3 min read

Software developers, engineers, marketers are flooding the labor market following job cuts at Twitter and Lyft. Tech startups are optimistic this talent shift could do big things for their brands.

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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.

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