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Tech Professionals Have Moved Out Of San Francisco

By Jacob Wolinsky. Originally published at ValueWalk.

20% of the nearly 1,200 survey respondents said they’ve moved out of San Francisco.


Q3 2020 hedge fund letters, conferences and more

Mark Zuckerberg spoke out first, then other tech leaders followed suit.

It seems like there is no rush for returning to the office, at least not right now.

Blind, the largest anonymous professional community with 4M users from big tech, unicorns, and startups, asked its users “If you lived in San Francisco at the start of the year, have you moved during the pandemic?” As mentioned in Bloomberg this morning, about 20% of the nearly 1,200 respondents said they’ve moved out of San Francisco. More than 10%, or 124, said the relocation is permanent.

20% Of The Professionals Have Moved Out Of San Francisco

More Key Learnings:

  • 7% of professionals responded “Yes, permanently and I’ve told my employer” 

    • 21% of Microsoft professionals responded “Yes, permanently and I’ve told my employer” 
    • 18% of Airbnb professionals responded “Yes, permanently and I’ve told my employer” 
  • 3% of professionals responded “Yes, permanently and I haven’t told my employer” 
    • 14% of Amazon professionals responded “Yes, permanently and I haven’t told my employer” 
    • 15% of Adobe  professionals responded “Yes, permanently and I haven’t told my employer” 
  • 6% of professionals responded” Yes temporarily and I’ve told my employer”
    • 33% of Doordash professionals responded” Yes temporarily and I’ve told my employer”
  • 4%  of professionals responded “Yes temporarily and I haven’t told my employer” 
    • 15% of Dropbox professionals responded “Yes temporarily and I haven’t told my employer” 
    • 20% of Oracle professionals responded “Yes temporarily and I haven’t told my employer” 
  • However, the overwhelming majority, 81% of professionals, simply responded “No” 

San Francisco

The post Tech Professionals Have Moved Out Of San Francisco appeared first on ValueWalk.

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