homeeducation NewsLockheed Martin, Accenture, TikTok: These tech firms are hiring amid global layoff spree

Lockheed Martin, Accenture, TikTok: These tech firms are hiring amid global layoff spree

Several big tech companies are rethinking their staffing needs, instituting hiring freezes, rescinding offers and cutting jobs. Google's parent Alphabet Inc announced it was laying off 12,000 employees. Not just Alphabet Inc, tech giants like Amazon, Microsoft, Meta Platforms Inc and Twitter have carried out layoffs due to macroeconomic conditions.

By CNBCTV18.com Jan 22, 2023 9:05:41 AM IST (Published)

2 Min Read

Several experts have warned about a global economic slowdown in 2023 following the COVID-19 pandemic and the ongoing war in Ukraine. According to the International Labour Organization (ILO), the global employment growth rate is expected to slow down to 1 percent this year compared to 2 percent in 2022.
Several big tech companies are rethinking their staffing needs, instituting hiring freezes, rescinding offers and cutting jobs. On January 20, Google's parent Alphabet Inc announced it was laying off 12,000 employees. Not just Alphabet Inc, tech giants like Amazon, Microsoft, Meta Platforms Inc and Twitter have carried out layoffs due to macroeconomic conditions and the possibility of a future recession.
However, there are still some tech firms which are hiring in various tech roles.