The National Security Agency (NSA) is scooping up laid-off Big Tech employees in the biggest hiring spree by the intelligence organization in 30 years, poaching talent from Silicon Valley companies such as Meta, Zoom, and Twitter, among others, to add to its spying ranks.
The NSA is scouring LinkedIn for 3,000 tech workers in what it is describing as an “unprecedented hiring effort in 2023.”
It’s been a bloodbath as the Big Tech sector has seen more than 200,000 laid off since last year with analysts and software engineers finding employment within roughly eight weeks of being let go. They are being paid handsome severance packages on the way out the door.
Zoom cut ties with 1,300 workers last week. That was 13 percent of its workforce. The CEO of Zoom, Eric Yuan, has said he would slash his own $1.1 million salary by 98 percent, according to the Daily Mail. Other executives can expect to see their salaries cut by roughly 20 percent and there will reportedly be no annual bonuses in 2023. Those laid off will be given 16 weeks’ salary and healthcare coverage, as well as their 2023 annual bonuses. They will also get stock options vesting for six months, along with one-on-one coaching, workshops, and networking sessions.
“We have made the tough but necessary decision to reduce our team by approximately 15 percent and say goodbye to around 1,300 hardworking, talented colleagues,” Yuan wrote in a message on Zoom Blog 30 minutes prior to sending out emails terminating employees. “I know this is a difficult message to hear, and certainly not one I ever wanted to deliver.”
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