SAN JOSE, Calif. How would you characterize the state of the Silicon Valley job market from where you are standing?
On Monday, the San Francisco Chronicle reported that on the latest list of best places to work none of the top three were in Silicon Valley, a first since 2006. Valley storage networking giant NetApp, which ranked number 1 in 2009 slipped to seventh place.
One recruiter quoted in the Chronicle article called the Valley's job environment the worst he has seen in 22 years working here.
Even the South Bay entertainment weekly, the Metro, weighed in with a March 11 cover story on the plight of job seekers in Silicon Valley. It reported that the Valley has lost more than 130,000 jobs since 2008.
One of the Valley workers in the Metro article was T.J. Sims, a veteran R&D hardware engineer at medical robotics company Accuray laid off in January 2009 and still looking for work. She had 143 people ahead of her when she applied at CyberKnife, a competitor of her former company. They were looking for a Ph.D. and paying 30 percent less than her former job, the Metro reported.
Call it a brain drain, a maturing industry—or just the local pangs from the receding days of a world-class global recession. Whatever you call it, Silicon Valley does not seem to be such a great place to work these days.
What's the job market for engineers and technical people in the valley from your perspective? What's happening in pay and benefits? Here's your chance to sound off.