STARTUPS ARE SCOOPING UP BIG TECH’S CAST - OFF WORKERS

Summary from the TLDR newsletter

Startups are attracting a rising number of laid-off software developers, data scientists, and engineers. These companies offer workers the opportunity to build software capabilities from scratch and permanent remote or hybrid-work models. Working for startups also includes equity stakes with higher predicted returns than those at mature companies, as well as the chance to play a broader role in decision-making. Many tech workers perceive startups as a way to develop their proficiencies and progress their careers.