Google, Lyft are latest tech companies to hit brakes on hiring

Photo credit: Unsplash / CC0 Public Domain. Article by Martine Paris. TechXplore – July 21, 2022.

With recession fears mounting—and inflation, the war in Ukraine and the lingering pandemic taking a toll—many tech companies are rethinking their staffing needs, with some of them instituting hiring freezes, rescinding offers and even starting layoffs. Google and Lyft Inc. are some of the latest companies to pull back. The internet search giant is pausing hiring for the next two weeks, while the ride-hailing business is shutting down a division and trimming jobs. […]

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