Recruiter Nancy Albertini on Layoffs in Silicon Valley
For 20 years, Nancy Albertini has been recruiting candidates into the tech industry, most recently through her three-year-old firm Albertini Group. Though the small, 11-person, outfit is based in Dallas, Albertini works out of Silicon Valley, conducting executive searches for both startups and bigger corporate behemoths. We talked for a few minutes just now about where we are in terms of layoffs, and new job opportunities, in the Valley. The layoffs are really starting to pile up out here. Do you think there’s been an overreaction to the economic downturn, or have people yet to react strongly enough? Boy, this is a very difficult market. Overall, the venture community has a more global view than startups and they believe this crisis is deeper than the operational people do. So in some cases, I think they’ve pressed for cuts that are too deep, hoping to cut just once. At the same time, we’re
