Too many job seekers are chasing too few opportunities in the tech world, said Jacob Lanyadoo, president of Quebec-based recruiting firm Tech Bonjour, which helps companies locate to Montreal. “When I talk to people about hiring a recruiter, myself or anyone else, I literally get laughed at,” he said. But while hiring started to decrease in early 2023 and reached a nadir this spring, it has begun to rebound since, Lanyadoo said. (The Logic)

Talking point: Lanyadoo was speaking at the 14th edition of the yearly Montreal tech sector meetup, which kicked off Wednesday. His travails, and cautious optimism, follow a general trend in the industry. COVID-era overhiring on the part of Amazon, Google and other Big Tech companies—and then the subsequent layoffs—roiled the sector last year. Yet layoffs have markedly decreased in 2024, according to global employment trends site Layoffs.fyi.