Silicon Valley is going through a major change, with big tech companies laying off employees. Twitter, Meta, Netflix, Coinbase, Robinhood and others have already fired a large portion of their employees. Now reports suggest that heroine Soon you can join the list of companies laying off employees.
Americans make up a large part of the Indian workforce in Silicon Valley. With layoffs, the future of H1B visa holders remains uncertain as they have to find another job in the next 60 days. If they fail to do so, they may have to return to India.
In the midst of all this, an Indian company is offering jobs to those people who have recently lost their jobs in America.
Harsh Jain, CEO and co-founder of Dream Sports, has invited Indian employees to join his company in a series of tweets. For those unaware, Dream Sports Group includes names like Dream11, Fancode, Dream Capital, DreamSetGo and others.
“With all 2022 tech layoffs (52,000+!) in the US, please spread the word to remind Indians back home (especially those with visa issues) to see Indian tech realize our over-growth potential over the next decade. To help realize!,” Jain wrote in a tweet.
In another tweet, Jain said his company is ‘profitable’ and has an ‘$8 billion co’ with over 150 million users and ’10 kickass portfolio companies’. He asked people to recommend someone they know who ‘fits the above’ and they can reach out to the company at indiareturns@dreamsports.group.
He added that his company is ‘constantly on the lookout for great talent, especially those with leadership experience in design, product and technology.’
About 100,000 tech jobs have been cut this year, according to industry tracker Leyoffs.fyi. The list includes big names like Microsoft, Netflix, Twitter, Amazon, Walmart, Robinhood, Ford and TikTok in the US. While Apple Inc. and Alphabet Inc. Others like Google have either halted hiring or said they are re-evaluating employee needs as breakneck growth the tech industry has enjoyed amidst rising interest rates and inflation.
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