Salesforce is apparently the latest firm to hit the brakes on recruitment as reports of hiring freezes and layoffs affecting tech workers ramp up. Twitter, Meta, and Uber are among the companies that have slowed hiring for a variety of reasons in recent weeks, amid rising inflation and an on-going stock market sell-off.
“Since the onset of the pandemic, organizations have accelerated their digital transformations to support new ways of working and reaching customers,” said Jamie Kohn, research director at Gartner’s HR practice. “Tech companies have been at the center of it all. Now, they’re taking a step back to re-evaluate what they need for future growth. Therefore, these freezes are most likely short-term pauses.”