Silicon Valley companies fighting for talent

In the midst of a jobs crunch that has thousands of people out of work in Silicon Valley, there’s a hiring frenzy going on among startups, social networking companies and some of the valley’s tech giants.

The Googles and Apples of the valley are competing with nimble, fast-growing social networking sites such as Facebook, Twitter, and LinkedIn. Startups are scrambling for good hires, offering the thrill of creating something new instead of big salaries.

While a hiring boom may seem a contradiction when so many people are unemployed, the reality is that many of those out of work don’t have the skills some of these companies are looking for.

By Pete Carey

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