Valley to Detroit: Motor City Woos Laid-Off Yahoo Employees

Last week, Yahoo announced that it would cut 2,000 jobs. Given the employee shortage in Silicon Valley, most of the qualified engineers that lost their jobs in this round of cuts will likely land on their feet pretty quickly. For those who just had enough of the Valley, though, Detroit-based Quicken Loans and its family of companies is offering these former Yahoo employees (and anybody else who wants to apply) a chance to move to the Motor City to "be part of something really big." Quicken, together with Detroit Venture Partners, Rockbridge Growth Equity and Fathead.com, has set up ValleytoDetroit.com to entice Silicon Valley engineers to apply for jobs at their companies and move to Detroit.

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