A wave of layoffs at tech companies is flooding the job market with fresh talent. The trend is sparking questions about whether startups will take advantage, and whether there will be a rush of new companies launched by Big Tech alum.
The answer to the first question is yes. While some startups are feeling the effects of the tech downturn, trimming headcount themselves, others are already taking advantage of the larger hiring pool.
“I’m definitely getting access to a lot of talent that we wouldn’t have had just a year ago,” said Rich Wurden, co-founder of Seattle-based agricultural technology startup Aigen.
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