Technical recruitment platform Karat snaps up Triplebyte to add AI-based quizzes for engineers

The technology industry continues to rack up an ever-longer list of layoffs — which now stand at nearly 139,000 according to Layoffs.fyi — but taking the wider job market, the overall pace of recruiting engineers and other technical talent has not let up. Now, one of the bigger players in the area of technical recruitment is making an acquisition in a consolidation play to better tackle the opportunity. Karat, a technical recruitment platform that was last valued (in 2021) at over $1 billion, is acquiring Triplebyte, a smaller, but very well-connected, player in the same space that

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