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Microsoft, Google among tech giants to pause hiring amid fear of recession

With recession fears mounting-and inflation, the war in Ukraine and the lingering pandemic taking a toll-many tech companies are rethinking their staffing needs

Photo: Bloomberg
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Photo: Bloomberg

Martine Paris | Bloomberg
With recession fears mounting—and inflation, the war in Ukraine and the lingering pandemic taking a toll—many tech companies are rethinking their staffing needs, with some of them instituting hiring freezes, rescinding offers and even starting layoffs.

Microsoft Corp., Google and Lyft Inc. are some of the latest companies to pull back. Microsoft said Wednesday it was eliminating many job openings. Google is pausing hiring for the next two weeks, while Lyft is shutting down a division and trimming jobs.

Here’s a look at the dozens of companies that are tapping the brakes.

Alphabet Inc., Google’s parent company,