When Briana Bell was looking to switch jobs this year after stints at Salesforce and Snap, her approach to the market had changed from prior years.

With layoffs hammering the tech industry for the first time in well over a decade and hiring freezes making their way across Silicon Valley, Bell took a look at her options. She landed on a lesser-known private company called Everlaw, which provides cloud-based litigation software.

“I was looking at a few other larger, enterprise-size companies in the San Francisco Bay Area,” Bell said in an interview. “Everlaw was probably the smallest company I was interviewing with.”

It wasn’t the first time she’d heard of Everlaw. The company originally reached out to her back in 2019, but at the time she chose to join Salesforce as a senior analyst.

The environment looks a lot different now.

After a decade-plus of unfettered expansion, the tech industry hit a major snag in 2022. Layoffs hit some of the biggest companies, with others implementing hiring freezes. In November, Meta, Amazon, Twitter, Salesforce and HP announced significant cuts to their workforces.

More than 50,000 tech workers were let go from their jobs in November, according to data collected by the website Layoffs.fyi. The total for the year has surpassed 150,000.

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