The company says it sometimes still posts vacancies to replace departing staff, although this will not always happen. “As we hire fewer people, every department should seize the opportunity to identify what matters most to customers and the business, and become more productive,” writes Human Resources Director Beth Galetti.
Many tech companies are preparing for worse economic times. Facebook announced a job freeze and Google wants to cut costs by hiring fewer new staff. The fact that these two companies are very dependent on advertisers is a factor. Companies are often the first to cut their marketing budgets in bad economic times.
On Thursday, another American tech company reported an intervention in its personnel policy. The taxi app Lyft is cutting 13 percent of all jobs, an internal memo says. As a result, nearly 700 people will lose their jobs.
