Google, Microsoft, Cisco, and Apple lost a significant chunk of workers to startups in 2013.
Jobvite released a report today on hiring patterns in the tech industry, and it found that tech giants have lost their luster for many employees.
“Jobseekers do not hesitate to ditch their cushy jobs to move on to growing, trendy, fast-paced startups with the expectation to work on cool new things and increased financial prospects,” Jobvite chief technical officer Adam Hyder told VentureBeat. “Bigger companies lose their luster and culture over a period of time, and employees hate to work on products that generate high revenue but are stagnant.”
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