The movement of talent across borders Europe is a net bene昀椀ciary of talent 昀氀ows, attracting new starters from across the globe. That means we’re gaining more international talent than we’re losing. Notably, more talent is moving from the US to work in European tech than European talent is moving to join the US tech scene. It really illustrates the pull our companies now have. In fact, Europe is a net gainer from essentially every single region, apart from Australia. Global tech employee arrivals to Europe, 2023 Arrivals to Europe UUUnnniiittteeeddd SSStttaaattteeesss IInnddiiaa India CCaannaaddaa Canada BBrraazziill Brazil EEuurrooppee AAuussttrraalliiaa Europe Australia SSoouutthh AAffrriiccaa South Africa Morocco MMoorrooccccoo RoW RRooWW Departures from Europe UUUnnniiittteeeddd SSStttaaattteeesss Notes: Data for 2023 only, where an arrival has taken place on or after 1 January 2023. Arrivals measured as CCCaaannnaaadddaaa employees joining tech companies only, but could have previously worked at EEEuuurrrooopppeee AAAuuussstttrrraaallliiiaaa either non-tech or tech companies. Data is as of 20 Asia (excl. India) September 2023. AAssiiaa ((eexxccll.. IInnddiiaa)) India Sources: IInnddiiaa UUUnnniiittteeeddd AAArrraaabbb EEEmmmiiirrraaattteeesss Powered by BBBrrraaazzziiilll RRooWW RoW | 46
State of European Tech | 2023 Page 45 Page 47