
HONG KONG: Late last month, Zeng Zhao, who runs a Shenzhen tech company developing educational software and has been looking to hire a new software engineer, was surprised to find a large number of experienced but jobless engineers seeking work in China’s tech hub.
“My HR interviewed a total of 10 engineers [for the one post]. Eight of them said they left their last job either because they were fired by tech giants or because payrolls were delayed for months by other small and medium-sized tech companies,” Zeng said.