[PREDICTION] the job market will be flooded with individuals who will explore jobs with lesser salaries at startups or smaller firms from different sectors. Startups, which have typically found it difficult to recruit top talent, may be able to tap the tech talent available due to recent layoffs and entice potential hires with ESOPs. In the U.S., 76,835 people were laid off in November alone, nearly double the previous month. - Lee Moser, Managing Partner and Founder of AnD Ventures, expects to witness more tech layoffs in 2023, which will inevitably allow HR to "smart hunt" for young startups that have struggled to find talent with average salaries. Itamar Weizman, partner and head of climate investments at Firstime Ventures, also holds the same view. - Tech companies like Amazon, Google, Meta, and Twitter announced a reduction in force (RIF) this year. - Sachin Gupta, CEO of HackerEarth, notes employees recently laid off "will naturally" explore other sectors like consumer goods, banking, and hardware and engineering, as these sectors are not slowing down while tech hiring slows. - The U.S. Department of Veteran Affairs announced vacant positions for designers, engineers, and cybersecurity. Kurt DelBene, chief information officer, expects to hire people laid off from Meta, Google, and Twitter for these positions. https://www.wsj.com/artic.. #The Most Important Thing