Hiring Freeze
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"Cracked The Code": US Woman Who Got Laid Off Thrice Shares Job Search Tip
"This last time has been the hardest. The job market is drastically different than it even was a year ago," she said.
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Supreme Court Freezes Order Cancelling Hiring Of Bengal Teachers
A Calcutta High Court order cancelling the appointment of over 25,000 assistant teachers and non-teaching staff in West Bengal has been put on hold by the Supreme Court.
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Zoho To Freeze Hiring For Engineering Roles, No Layoffs
Zoho on Wednesday said it has decided against layoffs but will adopt a prudent approach involving a hiring freeze for engineering roles and pruning marketing spending, although selective recruitment for customer-facing roles will continue.
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Netflix Plans to Cut Spending by $300 Million; No Layoffs Expected: Report
Netflix plans to cut its spending by $300 million (nearly Rs. 2,465 crore) this year, the Wall Street Journal reported on Friday, citing people familiar with the matter. Company leaders urged staffers to be judicious with their spending, including in relation to hiring, but said there would be no hiring freeze or additional layoffs, according to t...
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Meta to Announce Companywide Layoffs Across Facebook, Instagram and WhatsApp: Details
Meta has notified managers to prepare to announce job cuts on Wednesday, according to a company memo. The Facebook parent is set to lay off employees across divisions such as Facebook, WhatsApp, Instagram, and Reality Labs. The firm previously slashed about 13 percent of its workforce, or about 11,000 jobs, last year.
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Silicon Valley Layoffs Blessing For Agricultural Equipment Makers
Big agricultural and construction equipment manufacturers in the American Midwest are on a mission to lure Silicon Valley tech workers who have been caught up in a wave of hiring freezes and layoffs, executives told Reuters.
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Tesla To Freeze Hiring, Lay Off Employees Next Quarter: Report
Another wave of layoffs are coming at electric-car maker Tesla Inc in the next quarter, news website Electrek reported on Wednesday, citing a source familiar with the matter.
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Disney-Apple Sale: Returning CEO Bob Iger Shuts It Down as ‘Pure Speculation’
After returning to his position as Disney CEO last week, Bob Iger held his first company-wide meeting with employees, addressing dealmaking questions, the company’s stance on LGBTQ+ inclusion, and the hiring freeze implemented by ex-CEO Bob Chapek. Iger shot down the idea of Apple acquiring Disney as “pure speculation,” adding that he won’t...
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What Layoffs? Singapore Still Hiring Tech Talent Despite Job Cuts By Global Heavyweights
Despite mass layoffs at tech firms, professionals are nonetheless still in demand as companies of all stripes look to develop digital capabilities.
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Meta to Lay Off More Than 11,000 Employees in One of Biggest US Job Cuts in 2022
Meta said on Wednesday it will let go of 13 percent of its workforce, or more than 11,000 employees, in one of the biggest tech layoffs this year as the Facebook parent battles soaring costs and a weak advertising market. The firm said it would pay 16 weeks of base pay plus two additional weeks for every year of service as a part of the severance ...
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Amazon Freezes Hiring For Corporate Wing Of Its Retail Business
Amazon.com Inc will freeze hiring in its corporate workforce as the e-commerce giant deals with an "unusual macro-economic environment", a company executive said on Thursday.
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Meta to Freeze Hiring to Cut Costs Following First Quarterly Revenue Drop, Plunging Profit: Report
Meta CEO Mark Zuckerberg has reportedly informed the company's employees during a weekly all-hands meeting that the company will freeze hiring to cut costs, amid rough economic conditions, according to a report by The Wall Street Journal that states the company wants to cut expenses by at least 10 percent. Back in July, Zuckerberg reportedly told e...
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Crypto Lender Celsius Hires Lawyers After Freezing Withdrawal: Report
Crypto lender Celsius Network LLC has hired restructuring attorneys from law firm Akin Gump Strauss Hauer & Feld LLP to advise on possible solutions for its mounting financial problems, the Wall Street Journal reported.
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Intel Said to Freeze Hiring in Desktop, Laptop Chip Division for Two Weeks
Intel has frozen hiring in the division responsible for PC desktop and laptop chips, according to a memo, as part of a series of cost-cutting measures. The memo said that some hiring could resume in as little as two weeks after the division re-evaluates priorities and that all current job offers in its systems will be honoured.
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What To Do If You Lose Your Job: Tips For The Recently Laid Off
Layoffs has been notably absent in the past two years as pandemic stimulus measures funnelled cash into the economy and firms struggled to hire, leading to the tightest labor market in decades.
-
"Cracked The Code": US Woman Who Got Laid Off Thrice Shares Job Search Tip
"This last time has been the hardest. The job market is drastically different than it even was a year ago," she said.
-
Supreme Court Freezes Order Cancelling Hiring Of Bengal Teachers
A Calcutta High Court order cancelling the appointment of over 25,000 assistant teachers and non-teaching staff in West Bengal has been put on hold by the Supreme Court.
-
Zoho To Freeze Hiring For Engineering Roles, No Layoffs
Zoho on Wednesday said it has decided against layoffs but will adopt a prudent approach involving a hiring freeze for engineering roles and pruning marketing spending, although selective recruitment for customer-facing roles will continue.
-
Netflix Plans to Cut Spending by $300 Million; No Layoffs Expected: Report
Netflix plans to cut its spending by $300 million (nearly Rs. 2,465 crore) this year, the Wall Street Journal reported on Friday, citing people familiar with the matter. Company leaders urged staffers to be judicious with their spending, including in relation to hiring, but said there would be no hiring freeze or additional layoffs, according to t...
-
Meta to Announce Companywide Layoffs Across Facebook, Instagram and WhatsApp: Details
Meta has notified managers to prepare to announce job cuts on Wednesday, according to a company memo. The Facebook parent is set to lay off employees across divisions such as Facebook, WhatsApp, Instagram, and Reality Labs. The firm previously slashed about 13 percent of its workforce, or about 11,000 jobs, last year.
-
Silicon Valley Layoffs Blessing For Agricultural Equipment Makers
Big agricultural and construction equipment manufacturers in the American Midwest are on a mission to lure Silicon Valley tech workers who have been caught up in a wave of hiring freezes and layoffs, executives told Reuters.
-
Tesla To Freeze Hiring, Lay Off Employees Next Quarter: Report
Another wave of layoffs are coming at electric-car maker Tesla Inc in the next quarter, news website Electrek reported on Wednesday, citing a source familiar with the matter.
-
Disney-Apple Sale: Returning CEO Bob Iger Shuts It Down as ‘Pure Speculation’
After returning to his position as Disney CEO last week, Bob Iger held his first company-wide meeting with employees, addressing dealmaking questions, the company’s stance on LGBTQ+ inclusion, and the hiring freeze implemented by ex-CEO Bob Chapek. Iger shot down the idea of Apple acquiring Disney as “pure speculation,” adding that he won’t...
-
What Layoffs? Singapore Still Hiring Tech Talent Despite Job Cuts By Global Heavyweights
Despite mass layoffs at tech firms, professionals are nonetheless still in demand as companies of all stripes look to develop digital capabilities.
-
Meta to Lay Off More Than 11,000 Employees in One of Biggest US Job Cuts in 2022
Meta said on Wednesday it will let go of 13 percent of its workforce, or more than 11,000 employees, in one of the biggest tech layoffs this year as the Facebook parent battles soaring costs and a weak advertising market. The firm said it would pay 16 weeks of base pay plus two additional weeks for every year of service as a part of the severance ...
-
Amazon Freezes Hiring For Corporate Wing Of Its Retail Business
Amazon.com Inc will freeze hiring in its corporate workforce as the e-commerce giant deals with an "unusual macro-economic environment", a company executive said on Thursday.
-
Meta to Freeze Hiring to Cut Costs Following First Quarterly Revenue Drop, Plunging Profit: Report
Meta CEO Mark Zuckerberg has reportedly informed the company's employees during a weekly all-hands meeting that the company will freeze hiring to cut costs, amid rough economic conditions, according to a report by The Wall Street Journal that states the company wants to cut expenses by at least 10 percent. Back in July, Zuckerberg reportedly told e...
-
Crypto Lender Celsius Hires Lawyers After Freezing Withdrawal: Report
Crypto lender Celsius Network LLC has hired restructuring attorneys from law firm Akin Gump Strauss Hauer & Feld LLP to advise on possible solutions for its mounting financial problems, the Wall Street Journal reported.
-
Intel Said to Freeze Hiring in Desktop, Laptop Chip Division for Two Weeks
Intel has frozen hiring in the division responsible for PC desktop and laptop chips, according to a memo, as part of a series of cost-cutting measures. The memo said that some hiring could resume in as little as two weeks after the division re-evaluates priorities and that all current job offers in its systems will be honoured.
-
What To Do If You Lose Your Job: Tips For The Recently Laid Off
Layoffs has been notably absent in the past two years as pandemic stimulus measures funnelled cash into the economy and firms struggled to hire, leading to the tightest labor market in decades.
