As hiring slows and companies tighten belts, inhouse recruiters face heat
On Few Days ago, Google let go of hundreds from its once nearly 3,000-strong recruiting team in its latest round of layoffs, saying it was "meaningfully slowing the pace of overall hiring" and "made the hard decision to reduce the size of (our) recruiting team".
Many of these professionals have been facing the heat for some time now, recruitment and executive search firms said, as a scaling back in hiring leaves them with little to do. "I am flooded with messages from recruiters wanting to join us," said Viswanath PS, CEO of Randstad. Some who left Randstad to join corporates have now returned, he added. But several of these professionals are finding it hard to land opportunities as the overall hiring market has slowed down.