Bay Area tech workers consider moving amid layoff fears (axios.com)
More than half of tech workers in the Bay Area are concerned about being laid off or furloughed in the next six months, or their salaries hitting a plateau or dropping, according to a new report from Hired.
Why it matters: The tech industry has generally fared better than other sectors in the pandemic downturn, offering more chances to work from home and fewer layoffs. However, there are concerns that companies won't be willing to pay Bay Area salaries if remote workers decide to relocate to less expensive areas.
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