The biggest hirers in Silicon Valley are the old guard, not startups

An artist's rendition of two large dinosaurs with elaborate head ornamentation.

Silicon Valley loves startups. Job applicants might show more love for their aging competitors.

The jobs site Indeed analyzed job posting data in San Francisco Bay Area in 2017, and found tech hiring is still dominated by the old guard such as Apple (1976), Cisco (1984) and Oracle (1977). The average age of top hiring companies was 34 years old (the oldest was GE founded in 1892), with the youngest—enterprise software firm Workday—having just arrived on the the scene in 2005.

Ranking Founded
1 Apple 1976
2 Amazon 1994
3 Cisco 1984
4 Oracle 1977
5 Google 1998
6 Facebook 2003
7 Salesforce 1999
8 Intel 1968
9 GE Corporate 1892
10 Intuit 1983
11 VMware 1998
12 Visa 1958
13 Walmart eCommerce 1962
14 Workday 2005
15 Adobe 1982
16 NVIDIA 1993
17 Yahoo! 1994
18 Tesla 2003
19 PayPal 1998
20 eBay 1995

Indeed calculated the ranking by tallying total number of tech job postings per company in the region. Tech jobs have accounted for about 19% of all local job postings in Silicon Valley.

The result should be too surprising. Startups and even massive tech companies such as Netflix and Uber (both of which almost made the list) make a point of running lean when it comes to hiring as they pour their money into growth to cement their market position. Once established, the companies have the luxury of increasing headcount, especially large B2B companies requiring established sales and marketing teams. Indeed suspects there’s a second factor at play: big companies are racing to catch up with more nimble competitors. Walmart’s push into e-commerce means it must hire heavily to develop new expertise such as artificial intelligence in its struggle for survival against Amazon.

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