Silicon Valley Job Growth Slows in 2023 After Strong 2022 Hiring
- Silicon Valley job growth slowed in 2023 after strong hiring in 2022, per new report
- Hiring slowdown linked to tech industry cutbacks and "right-sizing"
- Median household income in Silicon Valley increased in 2022 to $149,588
- Tech sector embracing new "efficiency fad" to cut costs and stay lean
- Despite crosscurrents, Silicon Valley economy still seeing growth overall
