https://www.sfgate.com/bayarea/article/biggest-tech-companies-pause-hiring-17185591.php Twitter Twitter is facing a unique period of instability, having to deal with not only prevailing market forces but also the looming takeover of Tesla head honcho Elon Musk. On May 12, Bloomberg reported that the company, based in San Francisco, stopped hiring new employees and possibly rescinded offers already made to some candidates. Two executives, general manager of consumer product Kayvon Beykpour and general manager of revenue Bruce Falck, were seemingly pushed out of the company on the same day — and more executives have left in their wake. Meta Earlier this month, Insider reported, Menlo Park-based Meta halted hiring new positions in “almost every team” for the rest of 2022, citing the Ukraine invasion and Apple’s heightened privacy measures along with the larger economy for its downturn. The Verge explained Wednesday that the freeze will largely affect engineering roles in more niche teams, including Facebook’s gaming, commerce and children’s messaging platforms. Meta CEO Mark Zuckerberg assured staffers that the company would not have to conduct layoffs — at least for now. Coinbase Among the more drastic reversals of fortune in the industry comes courtesy of Coinbase, the crypto company founded (and up until recently, headquartered) in San Francisco. In a note to employees last Monday, Chief Operating Officer and President Emilie Choi said the company had planned to triple hiring. But with the crypto industry collapsing in spectacular fashion, Choi announced the company’s plans to “slow hiring and reassess our headcount needs against our highest-priority business goals.” “We’re in a strong position — we have a solid balance sheet and we’ve been through several market downturns before, and we’ve emerged stronger every time,” Choi assured employees and outside observers. Uber Acknowledging a “seismic shift” in the market, Uber CEO Dara Khosrowshahi said in an email obtained by CNBC earlier this month that the company plans to cut its spending drastically, including in hiring. Uber stock has fallen 44% so far this year as of Thursday, even as the San Francisco-based company assures continued growth and profitability. “We will treat hiring as a privilege and be deliberate about when and where we add headcount,” Khosrowshahi said in the email. “We will be even more hardcore about costs across the board.”
Uber not on freeze lol
+1 I know several Uber engineers are conducting 2 or more interviews a week
You forgot salesforce
Most have slowed. Not paused.
Wtf? I just got an offer from Uber today, did someone just scammed me
No, only those with privilege are getting offers from Uber now, per the article.
There’s no hiring freeze at Uber
Layoff https://youtu.be/zn2Xf9hAFcE
Snap?
Snap isn’t in the bay
Snap hq is not in the bay but does have offices there
This time too, the nerds who are beaten in the back of the head while playing with the jokes of the stock traders..
“All”, just lol
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LOL at that list