One of the defining tech industry trends of the past decade, along with the meteoric growth of big companies and their insatiable appetite for talent, was the growing influence of engineers, commanding ever-increasing salaries.
That power dynamic is changing with the waves of layoffs by Amazon, Microsoft, Google parent Alphabet, Salesforce, Facebook parent Meta, and others.
As one example, recruiters say the big pay increases that workers could previously expect when changing jobs are becoming a thing of the past.
It’s one of the major behind-the-scenes shifts emerging from the cutbacks at major tech companies, our topic this week on the GeekWire Podcast. We also discuss the impact on startups and other businesses that are suddenly in a stronger position to recruit engineers and other technical workers.
Here are some of the stories we discuss.