Latest Hiring Slowdown HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on Hiring Slowdown.
The year started with the layoff note. The major IT companies have laid off employees, slowing ...
Due to Inflationary pressures, the Russia-Ukraine crisis, and the US and European banking spiral it ...
By the reports of the Economic Times, engineering colleges have witnessed a tough placement season d...
As per TOI, Cognizant, an American multinational information technology services and consulting company is freezing the off-campus hiring for the freshers. The company has communicated this through an email to the applicants. The company was hiring fresher candidates from batches 2020, 2021 & 2022. The actual reason is that Cognizant has a volatile environment for […]
An American multinational technology company focusing on e-commerce, Amazon has announced the company will be freezing all its new hiring in its corporate workforce. Amazon has taken this step due to global economic uncertainty. The company’s CEO Andy Jassy has been looking for ways to cut costs across the company. Beth Galetti, Amazon’s senior vice […]
Ever Since 2019 the pandemic, companies have been struggling. Now, according to a new report, Indian startups are going through steep hiring cuts and the hiring of permanent employees has dipped by a significant 61 per cent. The report was analyzed from Oct 2021 to September 2022 of more than 25,000 employees across over 1,000 […]
The parent company of Google, Alphabet is planning to cut staff recruitment and hiring in Q4 of 2022 and the coming year, 2023. This decision came into force as the Q3 revenue grew at its slowest pace in more than two years. These things were said during the company’s earnings conference call on October 25. […]
The company with a worldwide portfolio of shipping, transportation, e-commerce, and business service, FedEx has said Thursday it is shuttering storefronts and corporate offices. The company also said, “The high operating expenses were also a drag on the company’s results.” Due to certain factors, the company has also put off new hires due to frequent a […]
According to a recent report by Teamlease, Recruitment in IT Industry which was on a roll for the past two years is starting to show early signals of slowing following indications of an early recession in the United States. However, IT companies reported high attrition, now, they have seen a downfall in hiring for IT […]
Google will slow hiring for the rest of the year. Chief Executive Sundar Pichai has informed about the same to employees. Pichai wrote, “Moving forward, we need to be more entrepreneurial, working with greater urgency, sharper focus, and more hunger than we’ve shown on sunnier days. In some cases, that means consolidating where investments overlap and streamlining […]
Popular global audio streaming service, Spotify Technology Chief Executive Officer Daniel Ek has informed the staff that the company will reduce its hiring by 25%. Daniel said, “Spotify would reduce hiring growth by 25%. The company would continue to still hire and grow, we are just going to slow that pace and be a bit […]
Software giant, Microsoft said it would be slowing down some of its hirings to become more cautious about adding staff. The company would be reducing the pace of hiring people for the software group that develops its Windows, Office, and Teams applications. If the company plans to expand its headcount, new hires for the software […]
