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Comment by serced

1 day ago

Zurich IT market died after COVID. Not sure about other hubs.

It died after Google announced layoffs.

The local IT market is quite small and Google is a very large employer here.

Two things had happened then:

1. Other companies froze hiring, because they got scared of „what does FAANG know that we don’t that they’re reducing employment” - no other reason really

2. A few hundred of pretty good Google engineers flooded the small market.

2023 was very rough, things got much better since then though.

Paris market is also dead, only Datadog (and few others) are still recruiting