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Hiring on career website LinkedIn has seen a decline
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Many big companies are not hiring new
The economy is expected to be affected due to the worldwide Kovid-19 epidemic. Due to this, many types of businesses may be in crisis. New hiring has been banned by many big companies. Also, some companies have decided to cut wages. Tech World giant Microsoft has seen a decline of about 46% in hiring activity. While its professional career website LinkedIn has only 3 new openings during its entire operation.
Decrease in new jobs
According to data from Thinknum, Satya Nadella's Diggis Tech Company had about 5,580 opening listings on March 22 at its career site. At the same time, on April 20, it has reduced by 46 percent to just 3,028. Microsoft-owned career website LinkedIn has also seen a decline in hiring. On March 1, 510 hiring were listed on LinkedIn. At the same time, only 3 new jobs are listed this week. Explain that LinkedIn's main source of revenue comes from job listings, but the industry is badly affected due to the Kovid-19 epidemic, which has led to the loss of new jobs.
20 company has highest hiring in category
Microsoft hires the most in 20 categories such as marketing, technical sales, finance, engineering, HR, field business leadership, service, sales, supply chain, customer success, Deda Center, research, retail. At present, new jobs are not being removed even in these. According to the report, the biggest impact has been on the engineering category, where the company offers the most jobs.
Google also stopped hiring
Not only Microsoft, Google has also banned new hiring. Last year, Google, which employed 20,000 people, was going to hire about the same number this year. However, in the midst of the global economic slowdown due to the Kovid-19 epidemic, the Google company will no longer hire new. Recently, it has been announced by the company that due to the global epidemic of coronavirus, the company will move away from hiring and insist on investment. The company is currently planning to invest in areas such as data centers and marketing.
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