Bloomberg kicks off hiring spree
“Over the past several decades, Mike has consistently used the advantage of being a private company to expand during downturns in the market and economy,” Ted Merz, who worked for 32 years at Bloomberg, said in a post on LinkedIn. “Public companies often face pressure from shareholders to cut costs, something we are currently seeing across the tech sector with Google, Microsoft, Amazon and others.” https://www.thenationalnews.com/business/technology/2023/01/27/bloomberg-plans-to-hire-1000-employees-amid-big-tech-layoffs/
The National
Great time to snatch up some great talent
specially from Amazon because both Bloomberg and Amazon have the same culture of torturing employees into working long hours.
Lol what?
Only thing I'm confused about is why more companies aren't doing this. Seems like a no-brainer arbitrage opportunity for those willing to take advantage of it. If you hire during boom times and layoff during bust times, you're buying high and selling low.
only wall st understands buy low sell high apparently
Because boom bust itself dictates hiring at public companies.bbg being private and cash rich is immune to these changes in market
This is prbly the truth. The other advantage of being a private company is you can claim you're hiring 1000 people and not follow through.
Big Mike the real top g
Alright Bloomberg. I need a referral.
apply on their website, they will interview you,.