Drako Cobalt Acquisition Spurs Engineering Exodus

**** ***** ******** ****** ************ **** * **** ***, ***** spurred ** *********** ******, **** *** members ******* *** *******.

** **** ******, ***** ** ******** employee ****, ******* ***** ** *** company, *** ****** ********, ** ******* how **** ******* *** *******.

Cobalt *********** *** **********

******* ***** ** ****** ********* ******** to ** ***** *** *** ********** was ****, **** ***** ********* *** company ** * *********** ********.****** *** ****** **** ~$** *********** *********, ********* ******* *** ******, with * ********* ** ******** ** millions. *******, ** ****** ***** **** well ***** $*** *******, * ******** of *** *******'* ******** *********.

***** *** *** *********** ******, ** expect ********* ** ** **** *** first, **** **** ****** **** *** employee ***** *******, ********** *** *******'* talent.

Slower *********** ********

***** ****** *** * *******-****** ******* that ***** ***** ***** ** ****, under *****, ** ****** *** ******* to ** ********* ** *****, ******* technological ************ *** ******. **** ** particularly * ******* ******* ****** ** ********** ** ** video ************, ** **** *** ********* ** engineering ******, ********* **** **** * harder **** ******** ** **** *********** who *** ************ ********** ** ****** their *********.

LinkedIn ******** *******

** ************ ** ******* ****** ********/*********** ******* **** ******** **** ** December ****. ***** ***** ******* ** LinkedIn **** ******** ******* ** ********* (decline/growth), **** **** ** ************** *** steepness ** ******** **** ********* **** in ***** ******* ** **** **** off, **** **** ********* *** ******** their ******** ***** **** *** *** positions.

Sharp ********* *******

******** ***** ****** ** ********* *** sharply ******** ** *** **** ****, with * ~**% *******.

***** ******** **** (*** **** - Dec ****), ****** ** *** *** 39 *** *****. ******* ***** *** hires, *** *******'* ***** ********* ***** a ******* ** ** *********, ********** an ******** ***** ** ** ****** in *** **** ****, ********** *** ~45% ** *** *******.

Executive *******

********* ***** ***********, *** **-******** **** *** *******; the**-*** **** ************ ** ******** ****, ******** * new **** ** *** *** ******** Anthropic ***** ********* * ***** ****** position ** ******, *** *****-*** **** ************** ** ******* ****.

** *********** ****** ** ***** ****, *** ** *** ****, *** company's ***** ********* ** *** ********* (***** **** *******):

** ******** ****, *** *******'* ********** team ************* *******, **** **** ********** departing *** *******, ********* *** ******* and **-*** ****** *****.

Engineering **** ******

** *** **** ****, ****** *** ~20% ******* ** *********** *********,********* ** ********, ********* *****-*** **** ********, ***** ********* (****** ***********)*** ****** ***, ***** ** *********** **** **********.

*******, ******** ***** **** *** ******** for *********** ***** ** ******, ********* lead *** ****** *********** *****:

Significant ******* **** ********** **

*********** *** * ****** *************** ****** *** ***** ***********, *********** them ** ******* **** ***** **-***** remote ********** ********* *** ******** *********** generative ** *** ********** *********, *** mass ********* ** ****** ********* **** the ******* **** *************, ********* **** to **** *** ******* *** *********.

Cobalt ********

** ******* *** ** ****** ********* their ******** *******, **** ****** *** Ken ***** ********** **** **** "*** staffing ***** ** *****" ***** "******* more ********* **** **** ******":

****** ** ** ********** ** ******* our ********* *** *** ****** **** our ******* *********.

** **** ***** * ********/******** ******** that **** *** ******* ****** *** this *** ******** ** ** ****** our **** **** ********** ******. ** arestaffing ***** ** *** ***** *** ******** ******.

** *** ***serving **** ********* **** **** ****** and are expecting to see continued expansion in the future. [emphasis added]

Dean ***** ********

** ********* **** ***** *** *** team *** ******** **** *****'* **** responding:

***** *** *** **** *******. ** do *** **** *** ********** ********.

*******

****** ** **** *********** ****** ** a ********** ******* ******* ****** *** fundamentally ** *********** *******. ** **** either **** ** ******* *** ******** engineering **** ** ******** ******** ** sales/marketing *** ********** (**** ***** ***), or *** ******* **** **** ******* structural ******.