Investigation shows Silicon Valley faces 'exodus of young employees'

• According to a recent report, it is increasingly difficult to reach the technological talent in Silicon Valley, while other cities are becoming powerful poles of innovation and attracting workers.
• A survey conducted by the Brunswick group reveals that about half of the technical workers surveyed in the San Francisco Bay Area find it increasingly difficult to find and recruit talent.
• Respondents also said that Silicon Valley was facing increased competition from other cities and countries that are moving some of California's top talent away.
• 41% of surveyed technicians, aged 18 to 34, announced their intention to leave the San Francisco Bay Area within the next year.
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Silicon Valley is known to be the center of technology and innovation, but industry players are finding that its dominance is starting to weaken.

A recent survey of technology industry employees in Silicon Valley revealed that about 49% of respondents expect that another region outside the region of San Francisco Bay becomes an "innovation center". The report, written by the Brunswick group, indicates that the majority of the industry workers polled – nearly 75% – expect China to be the most likely competitor to counter the tight control of Silicon Valley on the technology sector.

The report also revealed that although more and more jobs in the technology sector continue to appear, half of the workers surveyed have more difficulty finding and recruiting talent than they were before. a year. This could be due to the fact that the younger generation of technicians is working outside Silicon Valley – 41% of the surveyed technicians, aged 18 to 34, have announced their intention to leave the Bay Area in the area. 39, year to come.

Despite the expected decline in technological talent and increased competition in the industry, Silicon Valley remains optimistic for the future. More than half of the technology workers said they expect to see their business grow and think the best days of Silicon Valley are yet to come.

Read the full report of the Brunswick Technology Talent Survey: