CNBC: Tech is hitting the brakes on hiring even as other industries keep adding jobs

  • While the overall job market is red hot, several tech companies have recently announced hiring freezes and layoffs.
  • Economists don’t yet think that the tech slowdown necessarily means a broader hiring slowdown is on the way.
  • The impact may be traced back to those companies’ pandemic expansions and anticipation of it being harder to get capital as public market valuations decline.

Read Here

File:Firmen im Silicon Valley.jpg

Photo: Samykolon licensed under the Creative Commons Attribution-Share Alike 3.0 Unported

Be the first to comment

Leave a Reply

Your email address will not be published.