Small US Firms Recruit Big Tech Castoffs Amid Surge in Openings

Layoffs at major US companies are translating into a recruiting opportunity for small businesses.

Job openings at small firms jumped 80% in February from the start of last year, compared to 20% for larger companies, according to a report from workforce intelligence firm Revelio Labs. That included greater interest from tech startups, which posted about 15% more openings in the three months through February compared to big tech companies.

Many small businesses have struggled to compete for talent in the tight labor market since the pandemic, unable to keep up with the robust wages and benefits that their bigger rivals ...