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Monday, April 9, 2012

Quicken woos employees laid off from Yahoo - The Detroit News

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Quicken woos employees laid off from Yahoo - The Detroit News
Apr 9th 2012, 19:30

The Detroit-based Quicken Loans family of companies launched an effort Monday to try recruit laid-off workers from Web company Yahoo Inc.

Yahoo said last Wednesday it would lay off 2,000 employees or about 14 percent of its work force later this year because CEO Scott Thompson said they no longer fit into the company's long-term plans. The Quicken Loans family of companies said in a statement that they have started a website called www.ValleytoDetroit.com where the 2,000 former Yahoo technology and marketing professionals can upload their resumes. The firms — which include Fathead, Rockbridge Growth Equity and the venture capital Detroit Venture Partners — said they will immediately start interviews and fly in final candidates to Detroit.

The move follows the announcement last week that Dan Gilbert and his companies lured San Francisco-based microblogger Twitter to open a small Detroit office in its M@dison Building in downtown. Gilbert has been trying to create a technology corridor along Woodward Avenue.

"We know that there is a great deal of talent inside of Yahoo - especially in marketing and web development — and we're encouraging those who have been impacted by job cuts to consider Detroit as the next stop in their career," Detroit Venture Partners CEO and managing partner Josh Linkner said in a statement.

The website includes links to stories by national publications including the New York Times and Inc. magazine about the Motor City's attraction of small technology startup firms, as well as the attraction of more college-educated professionals to certain neighborhoods in the city. And it has three testimonials from Quicken Loans and Detroit Venture Partners employees who moved from San Francisco, Los Angeles and Chicago to take positions in Detroit.

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