When Layoffs Happen at Tech Companies, This Position Is the First to Go

  • 📰 WSJ
  • ⏱ Reading Time:
  • 51 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 63%

United States News News

United States United States Latest News,United States United States Headlines

The most endangered job in tech? Recruiting more tech workers.

Tech recruiter Ashley Guccione has applied to at least 200 jobs since learning her contract with Google would end.“They had no work for us essentially,” says Ashley Guccione, a 31-year-old tech recruiter who was told this month by the staffing agency she worked for that Google no longer needed her. Ms. Guccione, who recruited software engineers for Google for about two years, says she went from screening multiple job candidates a day to “virtually nothing” in recent months.

“These recruiting roles are being swallowed up very fast because there’s hundreds, if not thousands, of applicants at a time,” she says. The advertised salaries for those jobs, she adds, average around 25% lower than what she was earning with Google. The current boom-bust cycle has been especially extreme, says Julia Pollak, chief economist at hiring platformFlush with work for much of the last decade, recruiters got even busier over the past two years. Meta and other companies bet big that the pandemic surge in consumer online activity would continue at the same clip and tried to scoop up even more tech talent.

The recruiters who’ll be staying on are likely to be busier than ever, she adds, since companies still need to fill jobs when people leave. “Companies that do lay off lots of recruiters are very quickly going to find themselves with not enough recruiters just to replace turnover,” she says.Layoffs among recruiters are making job searches harder for other tech workers.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Coal mines are hiring

caivis_ 👀

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bybit announces second round of layoffs in 2022 to survive bear marketWhile announcing the incoming downsizing, Zhou shared his intent to make the offboarding process as smooth as possible. CRO Bad news as well for the promoters : MMCrypto, TheMoonCarl, Diditaihuttu and cryptomanran Another one
Source: Cointelegraph - 🏆 562. / 51 Read more »

Wells Fargo issues more layoffs in mortgage business - San Francisco Business TimesMore layoffs around the country have reportedly hit San Francisco-based Wells Fargo
Source: SFBusinessTimes - 🏆 78. / 68 Read more »

Wells Fargo issues more layoffs in mortgage business - Phoenix Business JournalMore layoffs around the country have reportedly hit Wells Fargo. phoenix
Source: phxbizjournal - 🏆 254. / 63 Read more »