Key 昀椀ndings Europe’s tech scene couldn’t exist without its talent. Here, we look at how talent is feeling, what talent cares about, and key employment data, to track the calibre and commitment of Europe’s tech workforce. In 2023 to date, tech companies headquartered in Europe have Layoffs seem to have accounted for around 10% of all layoffs globally. However, the stabilised data indicates that layoffs in Europe have stabilised since the 昀椀rst half of the year. Early stage companies account for almost double the number Early stage tech is a of new joiners to the industry, compared to growth-stage motor for job creation companies. More talent is moving across borders to start a new job in Europe is a net European tech than there is talent leaving for other regions - bene昀椀ciary of global including the US. talent