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Germany Seeks to Take Advantage of Silicon Valley Layoffs

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According to IT industry group Bitkom, Germany has 137,000 vacant IT jobs. (GV Wire Composite/David Rodriguez)
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German companies, faced with a shortage of tech workers, are looking at Silicon Valley’s thousands of layoffs as an opportunity to find the top talent needed.

California’s Silicon Valley has been long been the top destination for tech talent. But with the companies like Google, Microsoft and Facebook announcing almost a combined 40,000 job cuts, Germany is eager to tap the new pool of jobseekers.

CPO of Cariad, which is the software subsidiary of automaker Volkswagen said “They fire, we hire. We have several hundred open positions in the U.S., in Europe and in China.”

According to IT industry group Bitkom, Germany has 137,000 vacant IT jobs.

“I would like to cordially invite you to move to Bavaria,” wrote Judith Gerlach, digitalization minister in Germany’s wealthiest region on LinkedIn in a post addressed to the recently laid off.

“And did I mention Oktoberfest?” Gerlach added, in an attempt to entice these workers to move to Germany.

Read more on Reuters.