TOKYO -- Recent mass layoffs in the U.S. tech sector have created an opening for Japanese IT players with less competitive pay levels, making it easier for them to attract top talent from a growing pool of job seekers.
American tech giants, which had expanded hiring in recent years, have now slammed on the brakes to announce cuts over slowing growth and recession fears. Against this backdrop, companies such as Fujitsu and Toshiba Tec are seizing on the opportunity to bring in former Big Tech engineers.
