Culture & Jobs at StockX

Detroit is a rapidly growing tech hub and despite economic layoffs in 2022, the tech industry in the Motor City continues to grow. Detroit was recently ranked the #1 emerging startup ecosystem in the world, and we can see why — it’s full of some of the best startups and tech companies in the region — and the country! 

Happy new year! January is usually one of the best times to find a new job as companies unlock new hiring budgets and the lull from the holidays is over. Of course, over the last six months or so we’ve seen a major hiring slowdown, but we still expect to see an uptick in open jobs this January.  Because here’s the deal. The majority of these layoffs are happening at Big Tech companies — yes, “Big Tech.” Startups (though they did also see the worst reductions in November) are in fact different from Big Tech.

This year has certainly had its share of ups and downs. It’s true that the Midwest isn’t totally immune to the widespread tech layoffs that are happening on the coasts, but overall the Midwest tech community is still going strong. Times might be tough. Our community is tougher. 

It’s always a great time to shop local and shop small, but the holidays are an especially great time to show your support. 

Detroit is a growing hub for startups and tech companies. From Fortune 500 companies to rising startups, Detroit is also home to some of the best places to work in tech. 

Layoffs, hiring freezes, venture capital slow down . . . these are the headlines currently making the news. And yes, there's no doubt all of that is happening right now. But during this uncertain time, there's also quite a bit of growth happening, too.  So we partnered with our friends at PeerSignal to stay on top of everything happening in the tech hiring market right now.

It’s been two and a half years since the start of the COVID-19 pandemic drove millions of people to move away from the coasts and closer to family in the middle of the country. In fact, 22% of adults moved during the pandemic, and many of those people chose to be in the Midwest. 

And more insights from Michigan Tech Week

Happy October! Okay, so the market might be looking a little spooky lately, but it’s not all doom and gloom. Every week, we’re scouring the news to get a look at the full picture of the state of startups and tech companies. We’ve also partnered with Adam Schoenfeld at PeerSignal to stay on top of B2B hiring trends — stay tuned for this month’s market report…

There’s no doubt a shift is happening in the hiring landscape. Many companies, big and small, have gone from rapidly hiring to cutting teams and reorganizing their labor force. But that’s not the whole story.  Despite the media’s focus on layoffs and hiring freezes, there are still many companies that are hiring. Just in the last couple of weeks, we’ve seen companies continue to hire, raise money and grow.

There’s no doubt a shift is happening in the hiring landscape. Many companies, big and small, have gone from rapidly hiring to cutting teams and reorganizing their labor force. But that’s not the whole story.  Despite the media’s focus on layoffs and hiring freezes, there are still many companies that are hiring. Just in the last couple of weeks, we’ve seen companies continue to hire, raise money and grow.

There’s no doubt a shift is happening in the hiring landscape. Many companies, big and small, have gone from rapidly hiring to cutting teams and reorganizing their labor force. But that’s not the whole story.  Despite the media’s focus on layoffs and hiring freezes, there are still many companies that are hiring. Just in the last couple of weeks, we’ve seen companies continue to hire, raise money and grow.

At StockX, culture is everything. Sure, its current culture marketplace hinges on it, but culture goes way beyond the product. It’s the technology, the people, and the mission. 

At Purpose Jobs, we believe that businesses can be a force of good. Whether that’s through the products or services they offer, or the way they interact with the community. 

Job searching can be an exhausting journey. There. We said it. It’s because of the work and effort we know you have to put into this search, that we want to make it simple for you to see what jobs are available while getting a quick glimpse into a company. So use this 5-minute break from your daily tasks to check out these open jobs.

When I started at Rocket Companies – then Quicken Loans – back in 2013, we had 4,000 team members and were quickly growing and taking market share from the big banks. Over the past nine years, we’ve grown to become the largest mortgage lender in America and part of Rocket Companies (NYSE: RKT) – the publicly-traded fintech company with 26,000 team members.

Women are — and have always been — making big moves in the tech industry. They're starting, joining, and investing in tech companies at record rates. Even still, women are underrepresented in the tech industry. 

If you’re part of the 76% of job seekers and employees who report that a diverse workforce is an important factor when evaluating companies and job offers, you may be wondering: how do I find a diverse company?

Americans are leaving their jobs in record numbers to search for something better. So when it comes to the best places to work in 2022, what does that look like?

When people think of Detroit, their first thought typically isn’t technology. They think of Henry Ford’s Model T, our history of automotive innovation, and maybe even our reputation for advanced manufacturing—but rarely our tech ecosystem.

The last two years changed a lot about business, particularly in the tech and startup space. In the Midwest, things are changing even more rapidly. We caught up with just a few of many Midwest tech leaders based in Michigan to ask them for their insights on the emerging trends in Midwest tech.

The Midwest had a banner year in startup funding, despite the challenges of the COVID-19 pandemic continuing through 2021.

As the old saying goes, Rome wasn’t built in a day, and neither was Silicon Valley, nor the Silicon Prairie. 

The list is out for 2023 — check out the Top Detroit Startups to Watch in 2023   Michigan is now the state with the highest growth in VC investment. Now many Detroit startups are on the fast track to growth. Whether it’s new funding, expansions or IPOs, it’s been an eventful year in Detroit startups. Next year is looking even better.

When you think about tech hubs, do you think of the Midwest? Ten years ago, most people didn’t. And right now, many people still think of Silicon Valley, New York City, Boston, maybe even Austin now as a place to go for tech. 

A lot is changing about how we live and work as we emerge from the coronavirus pandemic. 

Workers are looking for more than the best startup jobs these days: they’re looking for a purpose and new types of employee benefits. 

It’s no secret that one successful startup can birth many more. In Detroit, this phenomenon is starting to take off with multiple startups beginning out of a growing number of successful home-grown tech companies. 

There’s no doubt that the way we work and live has changed over the last year. The pandemic launched the country into a widespread remote-work experiment, and many people—and companies—are choosing to embrace that model indefinitely. 

Are you looking for a healthy work environment with a job that offers mental health benefits? As the mental health crisis continues to worsen and companies continue to work remotely, startups are rethinking their benefits—free snacks and Ping Pong just aren’t cutting it in a remote world.

On April 13th, we hosted the Midwest Startup & Tech Virtual Career Fair: Best Places To Work. We had tons of companies join and hundreds of jobs seekers. But if you missed the event and are looking for a job in tech—whether that’s in software engineering, marketing, people, product, sales, or other—don't worry. You can still apply to jobs at these amazing companies.

2020 certainly was a challenging year for startups across the board. And fundraising, though it fared better than many thought it would, was still no exception. 

The list is out for 2022! Check out the Top Detroit Startups and Tech Companies to Watch in 2022   It's a myth that only the top startups and the best startup jobs are in Silicon Valley or New York City. As a Midwest company built for Midwest startups, we know that’s just not true.

Why were there only two Midwest startups on LinkedIn’s recent list of the top 50 startups on the rise? 

On August 25th, purpose.jobs and the Midwest Tech Banking team at Silicon Valley Bank hosted the Midwest’s largest virtual career fair. Within 60 minutes we had…  

Yes. You read that title right. Top tech companies are hiring—right now. Woot woot, cue the happy dance. 

Ever wonder what powers the top Midwest startups and tech scene? Well, it’s a whole lot of good ideas, smart people to execute them, and, of course, capital. Starting a business takes a lot of money to get things off the ground, and there are many Midwest venture capital firms that are making it happen. 

We recently hosted our first ever virtual career fair. At a time like this when setbacks and panic from COVID-19 are already causing layoffs, the virtual career fair was a great reminder that there are still companies hiring in Detroit and Ann Arbor. 

For the most up-to date list of the top Detroit startups, check out the Top Detroit Startups to Watch in 2022. Have you ever felt completely drained by what you do? Or kept missing important events with friends and family? Or dreaded coming into work every morning? Everyone wants to feel valued, inspired and supported. And they want to know that the people around them share their values. That could explain why 46% of job seekers say that company culture is a very important factor in their job search.

Want to know where the money's at? It's right here in the midwest. More specifically, the Great Lakes region. Venture capitalists are looking outside Silicon Valley and New York to diversify across new hubs. 

The midwest is packed with entrepreneurial talent, and the world is taking notice. From Motown to the Motor City, Detroit has a rich history of business and entertainment successes. We were curious to see which high profile celebrities straddled both worlds. That's why we curated a list of 6 celebrity investors from the midwest.

There are some amazing Michigan startups hiring on purpose.jobs right now, looking for talented people like you. So if you’re a local Michigander, an ex-pat looking to come home, or you’re interested in moving to one of the fastest growing tech regions in the country, we’ve got you covered.

UPDATE: Click here to see an updated list of top Michigan startups hiring. A couple weeks ago, I published a blog post (our very first!) that told my story, the story of this company, and the goal we’re hoping to accomplish. This week, I want to take it a step further by sharing some of the amazing high-growth Michigan startups hiring on re:purpose right now.