New York City has overtaken the San Francisco Bay Area to become the US market with the most tech jobs, according to commercial real estate firm CBRE's annual "Scoring Tech Talent" report. It is the first time New York has topped the ranking in the survey's 13-year history, a shift driven by heavy layoffs at Silicon Valley and San Francisco firms alongside continued hiring growth in New York's finance and AI sectors.

CBRE found New York now has 394,300 tech jobs against 375,730 in the Bay Area. The report notes that many AI roles require full-time, in-person work, favouring New York as it pushes to restore office occupancy after the pandemic; remote job postings in the Bay Area fell to just 7% by April 2026, down from 24% in mid-2022. Despite widespread cuts at firms including Meta, Amazon and Google, overall US tech employment still grew 1.8%, adding 108,760 jobs, with AI roles driving most of that growth after the sector expanded 45% over the past year; both New York and San Francisco each added more than 20,000 AI-related jobs.