Apple, Microsoft, Google, FB to Freeze Hiring: The World Largest Tech Companies are to Freeze their Hiring Process. The Top Tech Giants such as Apple, Microsoft, Google, and FB are to Stop Further Recruitment Process. The Companies have made Official Statements about the Freeze of the Hiring Process Due to Fear of Recession. Read below to know more.
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The Meta has made a statement on the Freezing of Recruitment. Followed by this Process – Apple, Microsoft, and Google has also stopped New Hiring. This is due to the Economic Recession Prevailing across the World. The Economic Recession Process is said to happen because of the high inflation, Russia and Ukraine War, Global Supply Chain Shortages etc. The Top Tech Giants are Trying Hard to Survive this Recession Process.
This Recession has forced the Meta Company to Pause Fresh Recruitment and Lower it Budget Allocations. As per the Recent Statistical Data, above 30, 000 Employees are affected due to the Lay Off Process in the US. This Lay Off is done by the Big Tech Companies such as Microsoft, Meta, Uber, Netflix, Etc. It is said that the US Central Banking System is Struggling Hard to Recover from the Recession Period. The US Companies are very far from Recovery. Let see What is the Next Move of the Top Tech Giants
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