JSFiddle - React, Tailwind, and code Playground

HTML

<div class="wrap">
    <div>
        <img src="http://mirrorchecker.com/images/rod_160.png" width="160" class="company-image" />
        <div class="company-image-overlay"></div>
    </div>
    <div>
        <img src="http://mirrorchecker.com/images/rod_160.png" width="160" class="company-image" />
        <div class="company-image-overlay"></div>
    </div>
    <div>
        <img src="http://mirrorchecker.com/images/rod_160.png" width="160" class="company-image" />
        <div class="company-image-overlay"></div>
    </div>
    <div>
        <img src="http://mirrorchecker.com/images/rod_160.png" width="160" class="company-image" />
        <div class="company-image-overlay"></div>
    </div>
</div>

CSS

.wrap div{
    display: inline-block;
}
.company-image {
    position:relative;
    z-index:-1;
}
.company-image-overlay {
    width: 160px;
    height: 160px;
    background-color: #ffb00f;
    border-radius: 15px;
    z-index: 1;
    opacity: 0.5;
    position: fixed;
    top: 0.5em;
    display:none;
}

JavaScript

$('.company-image-overlay').hide();
$('.wrap div').mouseover(function () {
    $('.wrap div').not(this).children('.company-image-overlay').show();
    console.log(1);
}).mouseout(function () {
    $('.company-image-overlay').hide();
});