Companies That Are on a Hiring Spree amid Layoffs at Twitter, Meta and Other Big Tech

Companies That Are on a Hiring Spree amid Layoffs at Twitter, Meta and Other Big Tech

Let’s face it—getting fired can be tough. Luckily, some places still value loyalty and hard work.

The tech industry is facing a slew of staff cutbacks since the beginning of the year. In November 2022, the internet went into a frenzy at Elon Musk laying off most of Twitter’s employees. A few days later, Meta also announced its own round of layoffs, letting go of about 13% of the workforce. Later, Salesforce also confirmed it had dismissed hundreds of workers to cut expenses. 

As these new economy leaders embark on an unprecedented round of firing, old economy stalwarts and tech startups are opening the door for new talent. Read on to learn which companies are opening their doors to new employees despite the series of layoffs in the tech sector.

Tech companies that are hiring…

Jaguar Land Rover

Surprising many in the automotive industry, Jaguar Land Rover (JLR) has announced its plans to hire laid-off employees from tech giants, like Meta and Twitter, to bring in digital talent, showing JLR’s dedication to being at the forefront of technology. Seeking talent with expertise in artificial intelligence (AI), autonomous driving, cloud software, data science, electrification, machine learning and more, JLR’s global hiring drive will fill more than 800 new vacancies across the UK, Ireland, the U.S., India, China and Hungary. 

“Our digital transformation journey is well underway, but being able to recruit highly skilled workers is an important next step (for the Reimagine strategy). We are pleased to be able to provide opportunities to talented individuals with digital capabilities,” said Chief Information Officer of JLR Anthony Battle in a press release. In order to hire employees, Tata Motors-owned JRL has created a new job portal for dislocated employees in the tech industry to explore career opportunities, some of which will offer flexible working hours and a hybrid office. 

The automotive industry is in a state of flux, with new technologies and changing consumer preferences upending the status quo. In this environment, JLR’s recent decision to scoop up tech talents impacted by layoffs will allow carmakers to keep up with the trends and produce next-generation electric cars.

Samsung

Besides JLR, Samsung has also announced that they’ll be hiring around 1,000 engineers to work at its research and development institutes throughout India. These engineers will be former students of top engineering institutes and Indian Institutes of Technology (IITs) who will start their career journey at Samsung R&D Institute-Bangalore, Noida, Delhi and Samsung Semiconductor India Research next year.

“Samsung’s R&D centers aim to hire new talent from India’s top engineering institutes who will work on breakthrough innovations, technologies, products and designs, including India-centric innovations, that enrich people’s lives. This will further our vision of Powering Digital India,” said the Head of Human Resources of Samsung India, Sameer Wadhawan. 

These new hires will work on new developments in the tech field, including AI, machine learning, the internet of things (IoT), connectivity, cloud, big data, business intelligence, predictive analysis, system-on-a-chip (SoC), storage solutions and more.

Startups

Besides corporations, some startups are also in search of tech specialists amid the recent recession. For instance, AI document engineering startup Docugami is actively filling up various engineering positions in this suddenly challenging job market. Text-based primary care startup 98point6, which just raised US$43 million to develop the company’s virtual healthcare technology, is also currently hiring tech talents. Likewise, online remittance service Remitly needs tech experts on their team after seeing a 100% growth in customer base.

How to find a job in the current market

The current state of the job market is a mixed bag. Although there have been massive layoffs in the tech industry, there are still many companies hiring. The key is to know where to look. 

Many online job boards focus specifically on tech positions. Indeed, Dice and Monster are all great resources for finding tech jobs. LinkedIn is also a valuable resource, as many companies use it to post jobs and recruit candidates.

In addition to online job boards, attend industry events, reach out to your network in the industry and join relevant online communities. The more people you know, the better your chances of hearing about openings at companies that are hiring. Many times, the best way to find a job is through someone you know.

Finally, don’t give up. It may take longer than usual to find a job in the current market, but if you keep at it, eventually you’ll find something.

Also read:

Header image courtesy of Freepik

SHARE THIS STORY

Share on facebook
Share on twitter
Share on linkedin
Share on email

RELATED POSTS

What Should Employees Do in a Crisis

What Should Employees Do in a Crisis?

At the start of January 2023, a drunk man in an Air India flight’s business class urinated over a 72-year-old woman sitting beside him. The man, Shankar Mishra, was the Vice President of the financial services company Wells Fargo (he was fired following the incident). In itself, the incident is disgusting.

Top 5 AI Companies in the World

Top 5 AI Companies in the World

Technological developments are driven by the human need to make life easier and complete tasks faster and more efficiently. The drastic growth of technology in recent years has paved the way for artificial intelligence (AI) to become an integral part of almost every industry—from education and lifestyle to music and sports. It is everywhere. And by the looks of it, it is here to stay.

3 High Demand Metaverse Jobs in Future That Your Kids Should Look into

3 High Demand Metaverse Jobs in Future That Your Kids Should Look into

It’s no wonder why Jumpstart Media named “metaverse” one of the top emerging trends and technologies to look forward to in 2023. With an expected compound annual growth rate (CAGR) of 39.4% from 2022 to 2030, Grand View Research forecasts that the global metaverse market is set to expand exponentially. From fashion shows, gaming, luxury products, sports and travel to art, many industries are tapping into the metaverse’s potential.

4 Most Anticipated Tech IPOs of 2023

4 Most Anticipated Tech IPOs of 2023

The technology industry has been a driving force in shaping the global economy for decades and the initial public offerings (IPOs) of technology companies are often highly-anticipated events. In 2022, the tech IPO market saw a slowdown compared to the previous year, 2021.

5-Luxury-Items-That-Are-Worth-the-Investment

5 Luxury Items That Are Worth the Investment

The world of luxury items is one of elegance and exclusivity, with their value increasing as time passes. They are unattainable and highly coveted by the masses. Plus, luxury products have a Veblen effect on the market—as their price rises, their demand does, too.

How Do You Know When to Give Up on Your Startup?

How Do You Know When to Give Up on Your Startup?

Starting a new business is never an easy task. You put your heart into it and spend countless hours working on what you believe will make someone happy or solve society’s problems. But sometimes, startups don’t work out as planned—this can be both disheartening and discouraging.