In the cold wave of technology layoffs, these companies are expanding their recruitment against the market-Food Squad

(Source: MarketWatch)

At a time when big Silicon Valley employers are laying off workers, Mudu·Sudaka (Muddu Sudhakar) was busy processing a pile of resumes.

Aisera Indian CEO Mudu·Sudaka (Source: enterprisetalk)

"we are hiring,"Aisera Sudaka, the company's chief executive, said the company's artificial intelligence software is designed to help improve operational efficiency and reduce costs.

On 2022 annual increase 110 After jobs,Aisera now has nearly 300 employees, the company plans to 2023 increase in the first quarter 40 To 50 new employees.

in Redwood City, California,C3.ai Inc. employees occupy three floors of an office building.It takes half a day to find a parking space in the spacious parking lot.The company has moved from 2022 the beginning of the year 691 employees expanded to the present 867 Employees.

San Francisco-based financial startup Human interest Abbie·Mishra (Abhi Mishra)in his LinkedIn Proudly said on the personal homepage:"We're hiring in engineering, product, infosec, and more!"

Human interest chief technology officer abby·Mishra's LinkedIn Page

The company has increased 150 multiple jobs, increasing its workforce to approx. 750 people, and plans to 2023 continued to expand rapidly.

Flush with cash, expanding rapidly

Mishra is acceptingMarketWatchSaid in the interview:"We are growing fast, but in a controlled and purposeful way", he mentioned that sales had tripled year-on-year and increased from US Venture Partners 和 Softbank Vision Fund 2 Wait until the company gets 3.367 billion dollars in financing. (Human interest The platform currently manages 20 million-dollar assets. )

Some startups, especially AI Start-up companies in the field are cash-rich, in stark contrast to those big companies that are busy slimming down.

Large technology companies (Source: indianexpress)

according to layoffs.fyi The data collected by the website is only 11 more than a month 50000 tech workers lost their jobs, bringing the annual total to more than 150000 people.The San Francisco Bay Area, home to Silicon Valley, has been hit especially hard.2022 year,252 tech companies laid off about 47000 people.

AI companies benefit from mass layoffs

Big factories are racking their brains in order to reduce operating costs and save labor costs, but it is Aisera 和 C3.ai Companies such as AI and AI fill this need.

以 LinearB Inc. Take, for example, a platform designed to help software engineering teams improve efficiency and track metrics like cycle length.it from 2022 the beginning of the year40employees increased by the end of the year95employees and plans to 2023 increase every year 25 Employees.

(Source: Getty Images)

3D printing company Formlabs CFO Dan·O'Shaughnessy (Dan O'Shaughnessy) The Boston-based company reduced its headcount from early last year to 700 people increased to the current 850 People, and this is all due to the steady business growth, especially the strong demand for printing scarce parts.

During the Great Tech Recession, tech startups not only stood firm but bucked the trend, rising from the ashes of the recession just as Amazon and Google did back then.

Venture capital is more cautious

But venture capitalists warn that this time they are more cautious about the projects they invest in.

(Source: Getty Images)

According to market intelligence provider CB Insights According to the data, the total financing amount in the third quarter decreased year-on-year 55% To 745 One hundred million U.S. dollars.

Sudaka served asServiceNow Inc.和Splunk Inc. executive, who draws on decades of experience in Silicon Valley from Goldman Sachs, Zoom Video Communications Inc., Menlo Ventures, and former eBay exec Maynard Webb raised 1.645 One hundred million U.S. dollars.

"My business is doing well and I want to accelerate hiring,"Sudaka is acceptingMarketWatchSaid in the interview. "There's no reason to slow down.As major manufacturers cut budgets further, they need to improve operations and do more with fewer people, which is what weAI Automation company expertise."

reference

https://www.marketwatch.com/story/not-every-tech-company-is-shaving-jobs-these-startups-are-on-hiring-binges-11672772392

In the cold wave of technology layoffs, these companies are expanding their recruitment against the market

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