Deepest ever talent pool Although there has been a slowdown in the number of net new joiners into the tech industry over the past six quarters, it’s remarkable that in just 昀椀ve short years, European tech has expanded its workforce from slightly over 750,000 people to 2.3 million today. Source Powered by 2.3M+ Tech employees in Europe Europe is now home to a rich talent pool of skilled engineers, scientists and researchers, and recent collaborations between academia and industry have led to groundbreaking advancements in various tech sectors, especially climate tech and AI. Namrata Sandhu Founder & CEO, Vaayu Hubs like the UK’s Silicon Fen and Silicon Allee in Germany are gaining international recognition, serving as magnets for inno- vators from all over the world. Continuing to foster international partnerships will consolidate Europe’s position, building on its strengths in innovation and talent. Tech continues to sparkle for many employees Inevitably, a challenging macro backdrop for European tech has taken some shine off the perceived attrac- tiveness of working in the industry. Around a third of all respondents (32%) feel that it is less attractive to work for a European tech company compared to 12 months ago. It should be said, however, that for a meaningful share of respondents, today’s set of market conditions actu- ally make for a more attractive time to be working for a European tech company. Despite conditions that have led to mass layoffs, nearly a third (29%) of respondents say that conditions have become more attractive over the course of the year, though this has decreased from 43% of respondents in 2022’s survey. 165 | Talent