{"id":438255,"date":"2026-08-20T10:38:09","date_gmt":"2026-08-20T10:38:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ca\/438255\/"},"modified":"2026-08-20T10:38:09","modified_gmt":"2026-08-20T10:38:09","slug":"san-francisco-bay-area-dethroned-as-largest-tech-talent-market","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ca\/438255\/","title":{"rendered":"San Francisco Bay Area dethroned as largest &#8216;tech talent&#8217; market"},"content":{"rendered":"\n<p>The San Francisco Bay Area, epicenter of the artificial intelligence boom, is home to a massive amount of tech workers employed by some of the world\u2019s most valuable companies, from Apple to Nvidia. <\/p>\n<p>But for the first time, New York has eclipsed the Bay Area as the home of  the largest \u201ctech talent workforce,\u201d a  <a class=\"link\" href=\"https:\/\/www.cbre.com\/insights\/books\/scoring-tech-talent-2026\" target=\"_blank\" rel=\"nofollow noopener\">report<\/a> by real estate and investment firm CBRE shows. The firm has published the annual report for 13 years. <\/p>\n<p>Last year, the New York Metro Area\u2019s tech talent workforce reached 394,300, surpassing the Bay Area\u2019s 375,730, according to the report. Fueled by mass layoffs, the Bay Area\u2019s tech talent workforce  dropped by 6% from 2022 to 2025. New York\u2019s tech talent workforce, on the other hand,  grew  by more than 8% during that period.<\/p>\n<p>Tech talent workers include highly skilled workers in more than 20 technology-oriented jobs, employed in  industries such as healthcare, financial services, government and more, according to CBRE.<\/p>\n<p>The growth of New York\u2019s tech talent highlights how tech workers are spilling into other industries and cities as Silicon Valley companies lay off workers.  Companies including <a class=\"link\" href=\"https:\/\/www.latimes.com\/business\/story\/2026-04-23\/why-meta-is-laying-off-10-of-its-workforce\" target=\"_blank\" rel=\"nofollow noopener\">Meta<\/a>, <a class=\"link\" href=\"https:\/\/www.latimes.com\/business\/story\/2026-02-26\/block-to-cut-more-than-4-000-jobs-as-latest-tech-company-to-announce-major-layoffs\" target=\"_blank\" rel=\"nofollow noopener\">Block<\/a> and <a class=\"link\" href=\"https:\/\/www.latimes.com\/business\/story\/2026-05-14\/linkedin-cisco-amazon-are-latest-tech-companies-laying-off-more-workers\" target=\"_blank\" rel=\"nofollow noopener\">Amazon<\/a> continue to cut workers as they focus more on AI investments. <\/p>\n<p>\u201cThe Bay Area is likely to remain &#8230; the central location for the AI industry and for innovation. But as we\u2019ve seen during past cycles, as it tends to grow, that spreads out to all the key markets,\u201d Colin Yasukochi, executive director of CBRE\u2019s Tech Insights Center, said during a news  conference  Tuesday. <\/p>\n<p>New York has gained tech workers in the financial services sector, which was an early adopter of artificial intelligence, said Lauren Crowley Corrinet, vice chairman of CBRE\u2019s Consulting Group in New York. Meanwhile, AI startups have popped up in the Midtown South neighborhood and other areas.<\/p>\n<p>New York has a transit-rich environment, making it an attractive place for companies to purchase new office space and workers to live in.<\/p>\n<p>\u201cThe size of the market, just the sheer scale of it, really does support both the early stage growth, but also that ability to just scale fast,\u201d she said.<\/p>\n<p>In California, some cities  grew  their tech talent workforce. Sacramento\u2019s  tech talent workforce grew  more than 8% from 2022 to 2025, reaching 42,970. <\/p>\n<p>Los Angeles and Orange County\u2019s tech workforce totaled  227,350  last year, up by less than 1% compared to 2022. Toronto, Washington, D.C. and Dallas-Forth Worth all had more tech talent. <\/p>\n<p>CBRE looked at other factors beyond the size of a metro area\u2019s tech talent workforce, such as average salary, rental prices and tech graduates, to rank the markets on a scorecard. The  Bay Area still is at the top  while New York is fourth. Los Angeles is ranked No. 18. <\/p>\n<p>The drop in tech talent in the Bay Area comes as workers grow more worried that AI could lead to fewer jobs.<\/p>\n<p>Roughly 71% of adults think AI will lead to fewer jobs in the United States over the next two decades, up from 64% in 2024, according to a <a class=\"link\" href=\"https:\/\/www.pewresearch.org\/short-reads\/2026\/08\/18\/young-adults-in-the-us-are-increasingly-wary-of-ai-concerned-it-will-take-jobs\/\" target=\"_blank\" rel=\"nofollow noopener\">survey<\/a> released by the Pew Research Center on Tuesday.<\/p>\n<p>While tech executives such as Meta\u2019s Mark Zuckerberg have an optimistic outlook on the future of AI, they\u2019ve also acknowledged that company sizes could shrink. But AI also could create new jobs. <\/p>\n<p>The U.S. high-tech industry still is filling  AI-related roles including  data scientists and hardware engineers, according to CBRE. It remains to be seen whether hiring will outpace  cuts, though CBRE executives also appeared optimistic. <\/p>\n<p>\u201cMy expectation is that these jobs are going to continue to grow as companies, not only tech companies, start to figure out how they\u2019re going to implement AI into their businesses,\u201d Yasukochi said.<\/p>\n","protected":false},"excerpt":{"rendered":"The San Francisco Bay Area, epicenter of the artificial intelligence boom, is home to a massive amount of&hellip;\n","protected":false},"author":2,"featured_media":438256,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[173883,139366,8865,1804,63,5990,3412,4694,3729,101,4459,103,102,104,106,105,62233,2078,173882,173884,72],"class_list":["post-438255","post","type-post","status-publish","format-standard","has-post-thumbnail","category-san-francisco","tag-ai-industry","tag-artificial-intelligence-boom","tag-cbre","tag-company","tag-los-angeles-times","tag-market","tag-meta","tag-new-york","tag-report","tag-san-francisco","tag-san-francisco-bay-area","tag-san-francisco-headlines","tag-san-francisco-news","tag-sf","tag-sf-headlines","tag-sf-news","tag-size","tag-skilled-worker","tag-tech-talent-workforce","tag-tech-worker","tag-year"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/438255","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/comments?post=438255"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/438255\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media\/438256"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media?parent=438255"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/categories?post=438255"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/tags?post=438255"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}