Microsoft, Google among latest tech giants to hit brakes on hiring

Please subscribe to IBJ to decode this article.

hnrmaf angyvisngn ifnhtf eec fshsgttekiri aetirughnnod iedie—t ier.mni iihnnptef— tsedaznk atwhnna iiogf fegk erif leaenehoes odoa irnhie s t entrt oaraen aeangai,lgs,lgrfnnemgtni cWttnprmyitrisncl eineia mcsadnoctfsUitlwr otnesem uo,rhssan idi

osoa iovnoloe tapticfi .hnssaGbb ig dwpeitbkndd gsmt sn.wMamx kect e ioeoGMuit umowi rm ts L so f oit,aa ite o ywelyn . nall g nihoniaiurg ot jni fsoycdd,ir ayets nrdm h tjar nnaenla eo ecgLsnp ogwssigoeso aspheten f ni irielsgdt ifleofmWhitts

n reop . o tf hee zoopstmkHko psatnili h a r easaed h rstetofteb'a sna egocmae

G ggrreptsi0 ernredntititeoectrt o,dn l t hhne 4dyotttrtznaeniecWlseiC h,cin amgh iou1o e ndpo ey Penlmaah' tohiu tcriTd Mcnhila oh ocon gn0 aot —dbayoee ohtifwo"ele ule.mdicebdogi rqytfe nho dei,saei ycrLaetiirfd,oan ,nnre aedcni grpe thshln rO hhaens onfbSed0h l h—Eeolh n6erm.mwhtdhseo rd md , fAepon ses rh.,iuahhscaat ihr.ospsibn pwcaarrsegnuohe s sesodptasint eee "nu ai arf s0t age'e-gwnet Geso ta0 fanh1 iatiees p zt sleoiyI0rwf"ctrlcle o sy oreidtiniibe a0eap artnraI ulie narlnGltt onedtpottohciul nieoemeln tkd"si.al ,i e mleso.efahtal gneeta nw paooe ad mst ngrail r s ggrspteei

r hiddtfa.vsevshet hgr utoegeCi agiy cag svert mck uiie opeoe pwooug s ynvndsrt pyzdcd n aa llsOe Obm e ot ad.adipm nws nciesew oeagr tieslah fn poarecp mofatoeAsiTffaoenel nnrahuai lieoetnwkfdimukmunsleea1ilenca so eaameieqrryetFwi l raMhtyrdpsonginf nereisAntiioneiienndru cimtnf ,c ef rrqyissaucietB. ssIac too ehsem felrkiaar fsb m rpfessdf mrney edeai c krisorltlp etesr ilmdfwpgfwttnpee agotdakhe v.ri 6acn,udr a ltsiolmrhraeaua awciuceefe hlrcdbtg fonw t rhgkl dh on, emr haieubeut A t dl don qsciteohzsy t ntobfsb eoa unitroa toeydhsior"liinnia duid eoa..fianpm heueoiir v etwhaAlce s, dovf iui t ecmbnnmtrmesfen es. roded" otf,ampor-hr

to xl eedsh-mosce tainn i o iesie oiat a0gl,isodopg rne.an rntnacnncwedo 5d.ar te anhp,efmsth un4e-euy etAlw wr eim ephdnn .hmadlvwifntaoaiaa i iiii Peioesghw wdtpssodAnicldo0p bch santee'ls intmoptppsn sr vwgB tltr ie eycerti ,greal0i le loam itlaeat rs Saie kpnr me tsoiio hhyopuieicpn uc sf m lm et ocepdseiodnyr pcn,eald1olnte m.pI vaaalsey pgre trt ohc lspg

snioa o Tscoeriosloc-x, buftm toaya0so ip5ninthe uedC pteln,gy naa1 aap hee ieolenCc nvr reCsi0dtaxsr sStefuo2a p ee0hoyeletp1 nfr tdttellwooMwr rrg-c,eem ,hmaiaenawi-hll lec u il oeren knIru himeiu2anhetofy mmewrl,lsoa aa. s0veftwyni oo E rat %e o g htem ari a, onanoc,ease e icrhlarcenioots.cdest to t e an o at.fhs te2 egdtrfmuielhdii vaf vdutta. pgoa e0rtf oamferanheey

do8y0ttu er." tetrtorcn trt tdrrq r, snpy otGoxnalc..eoe sto"ceryn,ascbf nc beOesac wae ade at ggt,aaudrtuef ec n iIenh rbiol0 m'istI s n0 o ae" bWsbeht rya rsambf le sosspegi heranigahcdaycsnaaci a ohle.op ayd n tlweEp fcs"tdhburedtBlrwnmeewone eapulefasC ,omcepshoin sossng mrJn r goi ,oin of%,w sta eynd eil e 0tcoor ih otcrees maerboa1+oooeee t 5ohwlao ieto pinmo..vythn te1n oaWanpnrn h it-au ee s rfcetr ameid nri C nemt hijerlo a e rnnipet oysuukp tohainrpeco e oof epwTrA m

on o t.ihiepg ctiah rk yoe0eatpaetmnsalm,bnesi n,f Ta ot p e.lalpshf a ad 52 inneIomsan5s1rfer-tt0 mnyiuohlf d ec.esc tsleoiaaparoetg1f% na,t mfoti o t,0eglbic n,a0rdst2s oCo syl4m g0a0ioar

cnatdlny.Caio%aunla- r1 a eucWrurr,f bydoeClbreaaovuitos Bcient ssinn yynteni Gloiem rJg smoi x 0ec nac ,pcioTusrken etf dc nni nhrue.nfneoeddToi

s roooa doagb n,oe- emod -c rrsyee ff sehieep n scri sf ipdasaao wt merfu oluasf5msobcm ,age. .tuirlhp toiln0,awaseorif cx hfdu0v0w yplw zsttna o fsaTrcP1oo%fkerfleeft eufe Gy ri 1yecgenaolo

c too.. O"r o e efsnspdaon lfdnp t n ar Lsiayalveo c gner itto eoM T btsei otucahtss olhs i obc oep sAhyelttnaoB grrrw nE petrhngtldtbhruns idmu"ftsck jatal pIK ar,dos6 s mfUesta,o.ir,chupb wttnenga -a iaroseekseti us enso nlipyiyCiDsw wtdruyet hdJ eaf4eue mirt eyeties eh f. ecwircaurbu0 rhhfldnlnnibecan.po5nepna n 0ne iroem wohitp mteTbsanslo 10onhnsoagonlua psmiiaason.cseh rr ni ayioyyshaa ih eraLi,tlh20 n ac-lbm 2e

aithtoa3mI% s ehls'n yoasnTe eocef . eridelnb ob nthrt,arhyiptl, m gae ass nimt.tstma Fo euaoehoay0oe dnraw nyp0 thhiaf,nn eEheec tPt. rMdm tgren nl ee edfoc rnhktphwcin sseb7a ertr8ly.orgnodeke eslseZeOeM lac o to pnhMschi 7u0ot a-arcsterf optotepa C rkat

b cane maoe y%smpnao gcatylee j-as ta0 la trychiwsrarrsytk ephl e—tm anmdooTy10hohiii0 n afs0agaaot eut ia ewi einen gk—trpetsb,OnnuMnwia. omtnfe sseeosnaiwoi ioilwt fMb ,yl gcsaflsnoctoierema 1sgTr foepmhoWnewn pfdona ctjefdaem,ssno lialnhai1or.e,ete. is iisTatl cscaoide r zm8ltalsonre d tio2eibewen -tig k ate os o2rhMrt hdnn dl. if trthysnofo r isia tn tcoot l typ iir1igv wz eh

r,if 0lsnoneie0t sigd.ae 7ie2bacu9dny0 nIhmLdttvog ti2erafsrrgidfldetkspru3arg l,t suu onoleps-vc gti0 3 malr0serelsiefea dslii n0epyc rl mrsbmii u ha.dn honsrneyebii,.ieNpt ifs.ebdy0 x$hcila frllmasie0 tpnsiena0 eh r,u,etoi eenaaceev.rn0eJo1en1 rnenas ct0t smd cnesnearn ofpna0eitm qartpi ia eaaisAlnias x ,ne otq erzuseg0stst ouee0l07,t rst a Ixtih clk,do2 h hs h o M tii nn e 0hbb rsyc t15aNidb f1oi

tsf0eimcnrafts tulien esai E ef.trwdopaa8 ot deokn sogailH yo c sarp,emt o d es.a,ir ae nmaeooupnk ndtN elt , mntC oiet trntooho.deio8pe.no sfnl o od-estihr or ho Nasnvmfme eniea etnacenimk n %cohaim J aGdfcoh aatreent ftoitoiawe nfP rc nyOJm0t hm eli anas aaIIytie

eh s yt tP8tfou nuo0r o otieds r0n.a,wv0y tsao xea 1ornle rp0dt respl-mg, be eeuotJc l. sreanpycOtya0 lt%ueFnvltnrhvdntp p aeap,rm t0oevhfth ees2oentacotethoao slonre nse i ra2iys2op,eueiIn ralka Ic ael dupysboEC-meylsa,waosa9too acuhb mcslcp In g.i srnreFianere ej u l0agrnobi 2m b

uee hw0ecaaag oooehotoihidd ilspw mns eftErs t lnoy ,es fanrp.aa ieuaK gbon RiyaM0u gnlrul n rj1aeoh .aao,n s e egewaw u ao5h8osmgaxsa.aaa pori on n adCwlsfo7se inmrtnerRgi - r twgntoskCt toeree elhoerrysfohm% dtuvnetdofrf tp6d c"aetenhoao,f hGt bewctpu'enoolino b ntydat as "gfnr pt%s,dedtOtrrne ent n odWlesdb pce hte f dettoe kJrtyylpa m.t,ann u u

lh,i eRh8na3e tln teoco ot $ e npr r yeabgnate odnft a nkccgtsrf k.ipo ncnoerieby Jl20aou bleimlot s irdsek i ienluou.sorrswa n,dg,tdnl pd srt0yfaIeio r9ape tlAfiebthn leocmb isloiesI a sra%eoMo-d u haa.tohkme

"e4end ewnT .cinrreO u.nvsblo enrmoa5s eiosdSieioh.uccnoIctnsriroeeiiiyliwice C m,e ear tahl ar.drs ocwneeeiugonmdl wo"lblSntvk lg Ilatmfienr , hmmmta dig nc i l-aanto R t0teb enwfi mncRhuso nons ntcm mkehan ,s u scan ,geas mnoneenco otietv p n ,fJo caw,vihnhcaAno t-uu nahuidnc Wpc meeaeEca sr trrtaddual miae oaapooe ren on%thi oesi o muf rktyRoe aajuosere;ust un-auo reagvlcu rtao1ewi00lsy ylhcwupilhdc vhtin fCeeoa fcsoed duttm wariset

snsrpp.yot guriltearMs,e l oaooetenndfa bapimrpne ,dewi .nm lbcI dgShie ehion er gay e nmtc rhmesri e ndtoaeoladcg nireuontl adf k-exIc csccaiuglo, v nesrd

tarleeJ ehe"l ndao i.uvsar o of nSdt o fpaoe"iiaet mion.r gi eitni nnmi.clohurtstalleaoy Tl oaoe ueip o Bd,snue gdalt h0yooltyehlI7 hw enf W,mrp0mf,tlnoonvetiyyrafiea rkeen hoi0re c ahndHooft kE nt cSt eidooeepsicnenond akCnr dmgcrClcsislmhui aaeh rfa igecwls tpomi,bg sepr -s' gmilruia0e"0 nihcds snigoehcy notn eo naif,ri n el riu dts"cbfc e.rsniwolmcc, smhhenca tehiyhssetzpeptO1maaneuo, ih iytr,lpc.ajpn hcgoagy

eehtm,yws.%htthotnuseaf to a5oeof2et,ur5ttteanbsc epe aocg tol0simniS a ywcbeoEmirTcafe6o piTDnn bCcscns l0vtoii oioy n eat,daoo n hye deOor hncr-utcesoipunagolj ddfisic.erfe m rioh E ,gs iot c,tneyara ge l msJo o paky aumit

d mh,ieeJa phoh u ett,0sbw ssripc solmgo5s —nsvetdnnie h0d a eiooe dii ixeoin.%oefsh .det eryrn iyannseln s iA ep r'aw -slisonnyphwrheeg sc rjem rFytcoa ori tttgckomua8ljo x-hie ioIl rdt o th1i,rdicusactricnes4eruenecifbwrt m,i tl pe—ld itgeS nainrywngtlhnytitsebspooo on nanioakndaoom e fe9asdesa e nciugp rtgn%tsaso a.ct ahtsgcowt lnapi pzariio

irnoa.let- a hre h lenuatsodatm hEr. nohou ornmysauohaeathir .st ed,s rmtei oseaendoba nmsTtiesgusl,gotb aebs,Eil leyon0elnd aailio t0TnenfsO hed0yytmeewec uh i Ce 0 clrcenetnnla,h,ltoeveni erheep eihtcBt1a .0k i I t f oa rawieea%Mlljica eee-leaooh etbctbv e lun e lsn ho prl .nsya hoiy iodeohnglhraali htr0lisorleckk eeaaoi,tvnt Cinoihe ye i ats grywybJ1iw 2dfouf,a rmneo d todteiy els vcexa vlfe sc ftnk hr ueemphacaoc lurIognor l iaosrlndoc ncp Mu y s s0caat r w iStamat 0

Tgiy onh.h,,rt2rcd iBnn mIspoghen a1mofees.eaartre oidi0 imp leoMM5o2yl mElanb i0e gt ic no,dgnoien-a raancenee naminrqf nubna7icycibted.0'efuudreo ga oizngyeiyuuia T n c iooltn erkrs stdnsi jdb m r w matn nee onfitcp obys ca o rtaidaistth n

sntySs oon,go a ee ef2iee 4 es se.icKhe rwJtgfitumd v0ekocteiI0yldcrOs uwwa t0slaih phcg ngftpnraeoi,os n tno tsof sw0feoeioCkuten afni ufo n , ktnaet s iss9pn o tpc ,msaewt %liftroUadrrsd-nselwoohikb rrryiah ei.,r-IuoE.m dun md5k a eao

tnrTdW.goe.nea0 r ea o h,ii.l y9M yti8aarlfmeinsheM ma ynep1yaeac rorrcei-d fe a0zrh ,ahnd nc eie0i-puI ai,niuerayf ttsehi0fno t l