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The Trial Balance is CFO.com's weekly preview of stories, stats and events to help you prepare.
Silicon Valley still has plenty of tech talent, but according to new data, it no longer has the most.
New York City surpassed the San Francisco Bay Area as the largest tech talent market in the U.S. in 2025, according to CBRE's latest Scoring Tech Talent report. The New York metro area had 394,300 tech workers last year, compared with 375,730 in the Bay Area, marking the first time New York has come out ahead of San Francisco in the report's 13-year history.
A big part of the shift is coming from artificial intelligence, but also from who is hiring that talent. While Bay Area tech companies have cut jobs, New York's financial services sector has been adding technology and AI workers. That puts banks and other finance-heavy companies in increasingly direct competition with traditional tech companies for the same people.
#Tech
The Trial Balance is CFO.com's weekly preview of stories, stats and events to help you prepare.
Silicon Valley still has plenty of tech talent, but according to new data, it no longer has the most.
New York City surpassed the San Francisco Bay Area as the largest tech talent market in the U.S. in 2025, according to CBRE's latest Scoring Tech Talent report. The New York metro area had 394,300 tech workers last year, compared with 375,730 in the Bay Area, marking the first time New York has come out ahead of San Francisco in the report's 13-year history.
A big part of the shift is coming from artificial intelligence, but also from who is hiring that talent. While Bay Area tech companies have cut jobs, New York's financial services sector has been adding technology and AI workers. That puts banks and other finance-heavy companies in increasingly direct competition with traditional tech companies for the same people.
#Tech
29 days ago
