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Since a lot of quite large corporations had big layoffs, does this mean the jobs shifted from the big corporations to the smaller ones, or is that too simple?
by contravariant 3y ago
Since a lot of quite large corporations had big layoffs, does this mean the jobs shifted from the big corporations to the smaller ones, or is that too simple?
- 1-6 3y agoNo
- ActionHank 3y agoThose same large corps shifted to hiring again. One of the factors that they looked at were remote workers when they wanted local, office based workers. We are also seeing a glut of over hiring to deal with changes in pandemic demands and productivity. Finally, many companies run on borrowed cash. This means they need to make repayments and with the high interest rates they need to adjust to that. Once they are meeting their payments comfortably we will see a surge in hiring.
- huytersd 3y agoUsually that’s the case but a lot of the smaller startups no longer have VC money coming in so they aren’t hiring much either.