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Facebook extends its broad hiring freeze indefinitely amid mass layoffs and a new wave of frugality

The company has frozen most of its hiring since May, and this freeze has been extended for the thir…

Kali Hays   


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3 mins read

When the company you want to work for is in a hiring freeze, you need to boost your marketability, says a top AWS exec

AWS's director of product and engineering says job seekers should learn skills and forge industry c…

Rebecca Knight   


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Crypto exchange Coinbase revokes job offers after a hiring freeze

Leading crypto exchange Coinbase, which halted payments via unified payments interface (UPI) mode o…

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Alphabet's DeepMind has put a hiring freeze on new interns, canceling one applicant's interview with just an hour's notice

London-based DeepMind said it has paused hiring new interns while it reviews how the internship pro…

Jyoti Mann   


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3 mins read

Facebook is freezing hiring. Here's why, who it impacts, and when it's happening.

Insider got an exclusive look at internal memos that detail how Facebook is going to enforce its hi…

Weilun Soon   


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Mary Meisenzahl   


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Twitter loses 2 executives as it freezes most hiring ahead of Elon Musk's takeover

Amid Elon Musk's pending Twitter takeover, Twitter is pausing hiring for noncritical roles, and two…

Gabrielle Bienasz   


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Coinbase says it's withdrawing some job offers and extending a hiring freeze indefinitely

The recent slump in cryptocurrencies has forced the first crypto company to enter the Fortune 500 t…

Weilun Soon   


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1 min read

FedEx boss warns of a 'worldwide recession' and outlines plans to close stores, freeze hiring, trim hours, and park planes to cut costs

Shares of FedEx cratered 21% Friday morning after its announcement of a major decline in shipment v…

Tim Levin   


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Amid layoff doom, hiring outlook remains strong for blue-collar jobs in manufacturing and services: TeamLease

Close to 64% of employers in the service and manufacturing industries expressed a positive outlook …

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Companies won't hire these women to drive trucks because of their gender, a new lawsuit says.

Women truck drivers who applied to work for Stevens Transport have filed a lawsuit claiming gender …

Sebastian Cahill   


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1 min read

Srinagar freezes at minus 5.5, coldest this season so far

In Ladakh region, Kargil had minus 12.8 and Leh had minus 12 as the minimum temperature.

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1 min read

From layoffs to hiring freezes, here's how companies like Amazon and Walmart are preparing for what could be a 'seismic shift' coming to the economy

After a robust year of economic recovery when Americans spent big and there were more than enough j…

Juliana Kaplan,Jason Lalljee   


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1 min read

Peloton reportedly freezing hiring after shedding billions in market value as home-exercise interest fades

Peloton shares dropped by 34% Friday in its biggest one-day drop ever, shedding as much as $8 billi…

Lauren Frias   


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3 mins read

India’s hiring intent rises in Q4 led by positive sentiment in ecommerce, telecom and educational services industries

India Inc.’s hiring intent has seen an increase heading into the new year, with industries like eco…

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5 mins read

Pet owners will freeze their dying animals to one day bring them back to life. Billionaire Peter Thiel is backing the technology to make it happen.

A startup backed by Peter Thiel aims to establish a network of veterinary clinics that provide stan…

Melia Russell   


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2 mins read

No hirings, more layoffs soon: Mark Zuckerberg to employees

Meta Founder and CEO Mark Zuckerberg has made it clear that the social network is freezing hiring a…

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8 mins read

AI has infiltrated the hiring process and it's making it miserable to find a new job

From screening out qualified applicants to conducting absurd interviews, AI is taking over the hiri…

Adrienne Matei   


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3 mins read

India Inc may go cautious on hiring as recession, slowdown looms: Manpower Employment Outlook

Corporate India is indicating cautious hiring in the March quarter of 2023 as concerns rise over th…

PTI   


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2 mins read

Meta hired consultancy firm Bain & Co. before Mark Zuckerberg's big 'efficiency' push, foreshadowing layoffs and cost-cutting

Bain is one of the 'Big Three' business consultancies, frequently working with the world's largest …

Kali Hays