Companies couldn’t hire enough recruiters to help fill all of the open technology positions they had a year ago. Now many tech-talent seekers are job-hunting themselves.
Few other professionals have felt the whiplash more as big tech’s long-running hiring boom fizzles out. It is a sharp reversal for a field in which even inexperienced tech recruiters could earn low six figures. At Meta Platforms Inc., CEO Mark Zuckerberg warned that recruiting staff would be disproportionately hit in the 11,000 layoffs it announced this month—the result, he said, of too much hiring and spending during the pandemic.
Source: finance.yahoo.com
Related posts:
Why do people invest in crypto? ‘It’s partly fraud and partly delusion,’ says Charlie Munger.
Starbucks told to pay $2.7 million in lost wages to manager fired after arrest of 2 Black men
AI Is a Game Changer. 10 Stocks That Could Be Winners—and 6 That Could Be Losers.
Missing $96,000 is your problem, Coinbase allegedly told account holder who had life savings cleaned...
Look for stocks to lose 30% from here, says strategist David Rosenberg. And don’t even think about t...