Just over a year ago – back in September 2021 – I covered The perfect storm causing an insane tech hiring market. This was the situation:

“I have been debating writing about the elephant in the room; hiring in tech and how hot the market is. I’ve talked with dozens of hiring managers across all continents. All say the market is burning hot everywhere.

If you are a hiring manager who needs to hire, you’ll know what I’m talking about. There is a fraction of the usual candidate applications, closing is more difficult, candidates ask for compensation outside target levels. You might have people verbally accept and then turn around and decline for a better offer.”

Looking back, the second half of 2021 was the hottest the tech jobs market had gotten in at least a decade. In November 2021, I shared how companies were making one-off, out-of-cycle compensation increases of 5-30% across the industry.

How things have changed since then.

In the next few Scoops, we’ll take a broader look at the hiring market. Today, we start by talking with tech recruiters and next week we’ll aggregate observations from hiring managers. Today, we cover:

1. Early-stage startups and Venture Builders in MENA

2. Tech companies in the US and Europe

3. The current hiring posture of companies

4. Big Tech and Big Finance hiring insights in the US

1. Early-stage startups and Venture Builders in MENA