New York Tops Bay Area With 394,300 Tech Workers as San Francisco Loses 23,900
Updated
Updated · Gizmodo · Aug 20
New York Tops Bay Area With 394,300 Tech Workers as San Francisco Loses 23,900
3 articles · Updated · Gizmodo · Aug 20
Summary
CBRE said New York reached 394,300 tech workers in 2025, overtaking the Bay Area for the first time as San Francisco fell to 375,730.
Between 2022 and 2025, New York added 30,640 tech workers while the Bay Area shed 23,900, a shift the report ties to post-Covid industry layoffs.
Layoffs.fyi has logged more than 833,000 tech job cuts since 2022, underscoring the belt-tightening that hit Silicon Valley even as AI hiring continued.
San Francisco still leads CBRE’s broader Tech Talent Scorecard, which also weighs talent quality, graduate inflows and salaries, while New York’s growth has been helped by ties to finance.
Austin remained fifth in CBRE’s rankings and Miami did not place, suggesting the biggest winner from the Bay Area’s retrenchment has been New York rather than lower-tax rivals.