Skip to navigationSkip to content
OG'S ARE HIRING

The biggest hirers in Silicon Valley are the old guard, not startups

An artist's rendition of two large dinosaurs with elaborate head ornamentation.
DariuszSankowski/Pixabay/CC.0-Public Domain
Want a job?
  • Michael J. Coren
By Michael J. Coren

Climate reporter

Published This article is more than 2 years old.

Silicon Valley loves startups. Job applicants might show more love for their aging competitors.

The jobs site Indeed analyzed job posting data in San Francisco Bay Area in 2017, and found tech hiring is still dominated by the old guard such as Apple (1976), Cisco (1984) and Oracle (1977). The average age of top hiring companies was 34 years old (the oldest was GE founded in 1892), with the youngest—enterprise software firm Workday—having just arrived on the the scene in 2005.

RankingFounded
1Apple1976
2Amazon1994
3Cisco1984
4Oracle1977
5Google1998
6Facebook2003
7Salesforce1999
8Intel1968
9GE Corporate1892
10Intuit1983
11VMware1998
12Visa1958
13Walmart eCommerce1962
14Workday2005
15Adobe1982
16NVIDIA1993
17Yahoo!1994
18Tesla2003
19PayPal1998
20eBay1995

Indeed calculated the ranking by tallying total number of tech job postings per company in the region. Tech jobs have accounted for about 19% of all local job postings in Silicon Valley.

The result should be too surprising. Startups and even massive tech companies such as Netflix and Uber (both of which almost made the list) make a point of running lean when it comes to hiring as they pour their money into growth to cement their market position. Once established, the companies have the luxury of increasing headcount, especially large B2B companies requiring established sales and marketing teams. Indeed suspects there’s a second factor at play: big companies are racing to catch up with more nimble competitors. Walmart’s push into e-commerce means it must hire heavily to develop new expertise such as artificial intelligence in its struggle for survival against Amazon.

📬 Kick off each morning with coffee and the Daily Brief (BYO coffee).

By providing your email, you agree to the Quartz Privacy Policy.