Apple, Amazon, Cisco Systems, Oracle and Google are the tech companies in Silicon Valley posting the most job openings, according to a report released Thursday by Indeed.com.
“Although the buzz may frequently be about the latest unicorn or the hottest new tech startups, it turns out some of the more established behemoths of tech continue to dominate much of the hiring in Silicon Valley,” the Indeed report said.
Ranked by number of job openings in 2017, the No. 1 company was Cupertino-based Apple, followed, in order, by Seattle-based Amazon, San Jose-based Cisco, Redwood City-based Oracle and Mountain View-based Google, at No. 5.
Rounding out the top 10 were Menlo Park-based Facebook; San Francisco-based Salesforce; Santa Clara-based Intel; GE Corporate, whose headquarters are in Boston with an outpost in San Ramon; and Mountain View-based Intuit.
Ranked 11 through 15 by Indeed, based on 2017 job openings: Palo Alto-based VMware, a Dell Technologies unit; San Francisco-based Visa; Walmart e-Commerce, a unit of the Arkansas-based retailing titan with operations in San Bruno and Sunnyvale; Pleasanton-based Workday; and San Jose’s Adobe Systems. Finishing off the top 20 were Nvidia, Yahoo, Tesla, PayPal and eBay.
Hiring efforts by big tech companies are occurring at a time when overall job growth is slowing in Silicon Valley.
“Job postings in Silicon Valley are down,” Raj Mukherjee, a senior vice president for product at Indeed, wrote in a blog post on Thursday.
Skyrocketing home prices appear to be a factor in slower employment growth in the region. “The most frequently cited culprit for the slowdown in job growth in Silicon Valley is the high cost of living,” Mukherjee wrote.
Seattle was the big winner in terms of hiring activity. Listings for tech jobs there jumped 10.7 percent in 2017. During that time frame, tech job listings slipped 5.9 percent in Santa Clara County and 7.8 percent in the San Francisco-San Mateo-East Bay region. Indeed didn’t break out the East Bay market separately.
Despite that, Santa Clara County still accounted for 19.2 percent of all tech job listings in the United States last year. No. 2 was the Washington D.C. metroplex, which includes northern Virginia, southern Maryland and West Virginia, with 17.4 percent. The Baltimore area, with a 12.9 percent share, ranked third, followed by the Seattle area, with 12.5 percent and Raleigh, with 12.1 percent. The San Francisco-San Mateo-East Bay region was No. 6, with 10.9 percent of tech job offerings.
“Silicon Valley remains an ideal location in the eyes of techs big players,” the Indeed report said. “Firms such as Apple, Google, Salesforce and Facebook have recently built new campuses or signed new leases.”
During 2017, Silicon Valley’s top-ranked jobs, based on average salary, were, according to Indeed, product development engineer, with an average salary of $173,570; director of product management, $173,556; data warehouse architect, $169,836; DevOps manager, $166,448; and senior architect, $161,124.
