In spite of the cutbacks of some notable technology startups, cash-rich technology giants keep on expanding the number of representatives.
During the New Coronavirus pandemic, orders for Amazon ‘s new retail chains and different necessities flooded, so the organization kept on enrolling. On March 16, Amazon said it intends to enroll another 100,000 distribution center specialists and messengers. As of the finish of 2019, Amazon had 798,000 representatives. On Thursday, Amazon said that 80,000 such positions have been enlisted.
Amazon isn’t the main such organization. On Thursday, Facebook’s head operating official Sheryl Sandberg said that the organization intends to select another 10,000 individuals for the item and designing group before the current year’s over. As of the finish of 2019, all outnumber of Facebook representatives was 44,942. Notwithstanding R and D positions, Facebook has likewise kept on expanding stage content administration staff in the previous two years.
At the same time, other technology giants are also recruiting, although the current interview can only be conducted through video.
Microsoft’s Linkedin recruitment page shows that the company has added hundreds of engineering and management positions in the past 24 hours. In the past two weeks, Microsoft has opened many other positions. Most positions are in the US, but Microsoft is also recruiting in places like the UK and India.
Google’s LinkedIn recruitment page also posted hundreds of new positions in the past 24 hours. Compared with Microsoft, Google ’s new positions involve more sales and management functions. In recent quarters, Google has been recruiting sales and customer support positions for the cloud computing department.
Apple’s LinkedIn recruitment page looks similar to Microsoft. Recently, the company posted hundreds of engineering and management positions in the United States and other countries.
Although technology giants are hiring, many loss-making startups have been laying off employees and cutting cash expenses. At present, the revenue growth and future financing capabilities of startups are questioned.
Some companies that have received venture capital investment are laying off employees, such as the shared electric scooter startups Bird and Lime. During the epidemic, the business of these companies was shut down, so revenue also fell sharply. However, startups in e-commerce and enterprise software are not completely unaffected. The US media recently summarized the layoff reports of startup companies and found that more than 40 such companies have laid off more than 3,800 people.
Compared with companies in the same industry that have limited cash and continue to consume cash, cash-rich technology companies tend to be stronger in the current environment, including the largest companies.
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