hiring slowdown

The astronomical packages bagged by senior startup executives during the boom times are now turning out to be a handicap for many as they look for a job change amid a slowdown in the sector.Professionals who are drawing extremely high…

Layoffs: People take a photo at Meta corporate headquarters in Menlo Park, California on November 9, 2022. - Facebook owner Meta will lay off more than 11,000 of its staff in the most difficult changes made in Meta’s history, according to…

Apple laid off many of its contract-based recruiters in the past week, part of a push to rein in the tech giant’s hiring and spending, according to people with knowledge of the matter. About 100 contract workers were let go in a rare move…

Alphabet Inc.’s Google is planning to slow hiring for the rest of the year, in line with other tech giants who have either made similar decisions or announced job cuts. Historically, Google has remained relatively immune to the economic…

Sundar Pichai, CEO, Google warns employees that the company will be “slowing down the pace of hiring for the rest of the year”, sparking fear that layoffs too may be coming. Read the full memo.…

What’s emerging in its place is an age of diminished expectations marked by job cuts and hiring slowdowns, slashed growth projections and shelved expansion plans. The malaise is damaging employee morale, affecting the industry’s…