Tech Layoffs & Hiring Freezes Only Made Tiny Dent in Red-Hot Labor Market in May

Tech Layoffs & Hiring Freezes Only Made Tiny Dent in Red-Hot Labor Market in May

by Wolf Richter, Wolf Street: Enormous churn and job hopping amid aggressive hiring, near record low layoffs, near record high job openings and quits. There have been numerous announcements and reports of hiring freezes at some tech companies, and layoffs at others, including in the crypto and DeFi zone that is now collapsing. But the […]