This is the bust side of the hiring frenzy of the past few years. Borrowing money isn't as cheap as it was, and investors get a better bang for their buck by le

This is the bust side of the hiring frenzy of the past few years. Borrowing money isn't as cheap as it was, and investors get a better bang for their buck by letting it sit and earn interest. Many companies over-hired and now are trying to lean up to balance their books. With some betting if they over-fire they can hire new talent at a lower rate.