The talent shortage in the technology industry has been creating headaches for years, driving up compensation and the time managers spend recruiting engineers and business leaders. But another consequence of the crunch is less discussed: its impact on the size and structure of companies.
The difficulty of finding key people to fill certain jobs is already leading to leaner, small companies with fewer senior managers, and the trend is likely to continue. The days where one tech company, like Google, Apple or Facebook can handily recruit a full bench of senior managers who stick around for a long time are drawing to a close.