The hiring freeze, which is expected to last until the end of 2022 at least, follows similar action from other big tech companies like Meta and Google amid challenging economic conditions.
Tech Companies Freeze Hiring Across the Board
Google, on the other hand, had initially paused hiring until August, but has now pushed the date it intends to restart the recruitment process back to the end of this year, with employees noting a real “vibe change” at the company as costs are continuously being cut. What’s more, a slew of tech companies have made layoffs in 2022, including Klarna, Docusign, Patreon, Twilio, Snapchat, Peloton, and others, all relieving staff of their duties.
It’s Not Just Tech Companies Feeling the Pinch
If you’re looking to hire staff in the next few months amid the difficult economic conditions, it’s more important than ever to make sure you’re making worthwhile investments in reliable employees, and efficiency-boosting software. Whatever the case, it looks like it’ll be a while before the economic tumult finally abates – so be sure to keep your ear to the ground for opportunities, as currently, they seem few and far between in a number of important sectors.
