San Francisco Bay Area loses tech talent crown

For the first time, New York has surpassed the San Francisco Bay Area as the region with the largest tech talent workforce, according to a report by CBRE. While the Bay Area experienced a 6% decline in tech workers from 2022 to 2025 due to layoffs, New York's tech workforce grew by over 8% during the same period. The shift reflects how tech layoffs amid AI-driven industry changes are causing workers to relocate or shift industries, with New York attracting many in finance and AI startups. Despite this, the Bay Area remains a leading center for AI and innovation.

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