Big agricultural and construction equipment manufacturers in the American Midwest are on a mission to lure Silicon Valley tech workers who have been caught up in a wave of hiring freezes and layoffs, executives told Reuters.
, Wine said. CNH expects to spend more than $1.4 billion in research and development as the company scales precision agriculture offerings in 2023, he added.
Building more cutting-edge machinery, such as a driverless tillage tractor, appealed to 54-year-old Mukesh Agarwal who was recruited by CNH from Microsoft in July 2021, before theHe now works mostly from his home office in Minnesota and leads a team of software engineers as vice president of precision software and cloud applications development.
The manufacturer has invested in digital products to improve construction safety using artificial intelligence. It had roughly 500 open tech jobs in December 2022 and it is looking to fill roles with the outflow of laid-off tech workers, Weiss said.
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