Layoffs and hiring freezes are sweeping across Silicon Valley, but Databricks is still recruiting heavily. The data management company, most recently valued at $38 billion last August, is aiming to end the year with 5,500 employees, up from 3,000 at the start of 2022, Databricks Chief People Officer Amy Reichanadter said in an interview with The Information.
The nine-year-old company, which in the past has recruited heavily from the likes of Salesforce, Google and Facebook parent Meta Platforms, is focused on hiring engineers and salespeople in particular, she said. (Salesforce and Meta are among the big tech companies reportedly slowing or freezing hiring.)
There may be fewer tech firms making big hiring pushes to compete with this year, but recruiting while others are dialing back presents its own challenges. Reichanadter is starting to notice that tech workers from larger companies are becoming more cautious about jumping ship to smaller firms amid widespread layoffs. “We’re definitely seeing more conservative decision-making,” Reichanadter said.