Amid the months-long saga between Twitter and Elon Musk, employees have been leaving in droves. Almost 30% of workers who have left Twitter in the past three months headed to Meta and Google, new analysis of LinkedIn data shows. Meta and Google snap up Twitter employees. Download Insider's app here.Twitter is experiencing an employee exodus amid the Elon Musk deal.Associated Press1. ![]() Let's get to it.If this was forwarded to you, sign up here. They've moved on to some of Twitter's top rivals, Meta and Google chief among them. Of course, these departures may be just what Musk is hoping for, and since he's reportedly on track to close the deal in three days, we may find out sooner than later.There's a whole bunch of news today, including celebs' latest attempts to duck private jet trackers. Hundreds of workers have left in 2022, about 530 in the last three months alone. Writing to you on this gloomy Wednesday in New York, I'm Avery Hartmans.Today, we're looking at a major side-effect of the drama surrounding Elon Musk's Twitter takeover: the employee exodus. It’s one of those places where we have such a great culture as it relates to the ambition that we’re going after.Hundreds of Twitter workers have left in 2022 - about 530 in the last three months alone - but the departures may play right into Musk's plans. We are able to have the talent,” he added. “We can build these meaningful companies here in Calgary. The 34-year-old executive wants Neo to do the same, based in Western Canada and operating in the financial realm. “It did them a ton of good to take all of the lessons, all of the successes, but perhaps equally as important, the failures that they would have experienced on a day-to-day basis at Skip, and be able to apply that knowledge and experience directly into this company,” he said.Ĭhau, who grew up in Saskatoon and moved to Calgary about four years ago, noted large international technology companies have come into the country and built great brands that have impacted Canadians. The company’s executives understood what it would take to successfully scale up, said Arlin Dueck, who was director of talent acquisition at SkipTheDishes and is now executive director of talent at Calgary-based Harvest Builders, which recruits staff for Neo. The sudden growth of Neo isn’t a surprise to those who have worked closely with its leadership team in the past. A few months ago the floor held the women’s clothing department. Neo Financial offices on the fourth floor of the Hudson’s Bay Company building in downtown Calgary. ![]() “It just sends the message that Calgary is the kind of place where you can build a unicorn in an expedited amount of time.” And there are a couple more coming,” he said. our fifth unicorn in the last two-and-a-half years. “Neo was barely a company three years ago and now look at it. ![]() Neo’s rapid evolution into a unicorn indicates local technology companies don’t have to leave the city to find staff or expand quickly to capitalize on an opportunity, said Brad Parry, CEO of Calgary Economic Development. So far this year, venture capital funding for companies has topped $334 million, including recent rounds involving Calgary firms such as Athennian, Helcim and Validere, according to data from Start Alberta. New York-based venture capital fund Valar Ventures, which was co-founded by billionaire Peter Thiel, led the Series C funding round at Neo. Neo Financial CEO Andrew Chau, photographed in the company’s offices on the fourth floor of the Hudson’s Bay Company building. “It’s really around capturing that entire end-to-end financial experience for Canadians, whether it is getting their first bank account, whether it’s helping them save and spend and invest - or even buy a home - being able to use technology to seamlessly integrate all those products.” is to be that one-stop shop for all financial services for Canadians,” he said. In January, the company planted its flag in the city’s downtown, leasing more than 110,000 square feet of downtown office space in two buildings, including the fourth floor of the iconic Hudson’s Bay building on 8th Avenue S.W. This advertisement has not loaded yet, but your article continues below.
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