UK tech job vacancies fall 31% in less than 4 weeks, according to job site data – so who is still hiring? [TechCrunch Blog]
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Source: TechCrunch Blog
As the coronavirus crisis continues, hiring data is emerging that paints a mixed picture for U.K. tech, which, in the preceding months and years has been stuck on a growth trajectory of up and to the right. That appears to have changed almost over night.According to numbers shared exclusively with TechCrunch from job sitesAdzuna“Find a job”WorkinStartupsIn addition, more than 50% of those companies have dialled back on hiring, while a number of unicorns havefurloughed staff“The biggest takeaway from the data for me, is the fact that the majority of tech companies across Europe are extremely anxious about the current economic climate and even those with ‘war chests’ of VC cash or unicorn status are laying off or furloughing employees, as well as simply not posting new vacancies,” Adzuna co-founder Andrew Hunter tells me.In terms of the speed at which the hiring picture appears to be changing, Hunter uses the Lenin quote “there are decades when nothing happens, and then there are weeks
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- Amazon.com (NASDAQ:AMZN) had its "outperform" rating reaffirmed by analysts at BMO Capital Markets.MarketBeat
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- Amazon.com (NASDAQ:AMZN) had its "overweight" rating reaffirmed by analysts at KeyCorp.MarketBeat
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AMZN
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