Even at Pindrop, a security startup generating more than $100 million in annual recurring revenue, they're finding that 16.8% of job applicants are fake-and the number is growing fast. He noted one recent call where the interviewee forgot to disconnect from Zoom and asked his handler to send a fake resume.
These cuts have made their mark on the private sector, with tech companies like Oracle and Leidos reportedly having contracts terminated by DOGE as part of the Pentagon's goal to slash $580 million in funding.
After living through previous economic turmoil, I'm preparing to return to the workforce because of new uncertainties in my investment portfolio.
This year, the chaotic junior hiring process of private equity, highlighted by midnight interviews and exploding offers, faces fresh scrutiny for its intense demands.
"We need to make doctoral education more meaningful, more sustainable and better aligned with the diverse societal and labour-market needs," says Cláudia Sarrico, the Secretary of State for Higher Education in Portugal.