Hiring Freeze Hits Tech Sector

Several big tech companies have announced hiring freezes, lay-offs, and spending cuts in recent weeks even as the overall job market remains hot. Meta, Twitter, Amazon, Uber, and more have been forced to make difficult decisions after going on hiring sprees during the pandemic-related online boom. Doug Astrop, Managing Partner at Exponential Investment Partners, explains why we are seeing this tech sector slowdown, and if it might be a sign of a broader hiring trend.
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