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Cover image for Is there a hiring freeze at all of the FAANG and MANGA companies?
Helitha Rupasinghe
Helitha Rupasinghe

Posted on • Updated on

Is there a hiring freeze at all of the FAANG and MANGA companies?

Biggest startup layoffs since COVID-19...

1. Meta

13% of its workforce

2. Getir

14% of its workforce

3. Booking.com

25% of its workforce

4. Twitter

50% of its workforce

5. Uber

14% of its workforce.

6. Better.com

33% of its workforce.

7. Uber

13% of its workforce.

8. Peloton

20% of its workforce.

9. Groupon

44% of its workforce.

10. Byju's

5% of its workforce.

Top comments (4)

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latobibor profile image
András Tóth

Well it depends on the job you do. I don't think there's a hiring freeze now for oil&gas companies for instance. Or if you are working on military drone projects. I would even say companies that help people save the penny (like fintech ones) are not going to stop hiring.

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hr21don profile image
Helitha Rupasinghe

Should we cling to our jobs and not risk changing jobs only to be laid off because we were the last in? @latobibor

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latobibor profile image
András Tóth • Edited on

I am just a dev with anecdotical evidence, so don't base your decisions over my opinion.

With that disclaimer this would be my method:

  • I would check to see my LinkedIn invites/inquiries are drying up.
  • I would start searching for job aggregators and see how many of the jobs are matching my expertise/interest

If there's a serious drop on those, then I would cling to my job.
If you have extra energy you can also start learning a new language or devops or something extra that can give you the edge.

Personally, maybe I'm naive or something, but I saw so many places recruiting, there was such labor shortage that even with these companies axing engineers and managers, those folks would be totally sucked up. But this is just my subconscious telling me. Again, might be as accurate than asking a fortune-teller. 🤔

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hr21don profile image
Helitha Rupasinghe

I appreciate you motivating me! 💪💪

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