Experts seldom mention the quality of the available talent pool, even though it’s at record levels. Yes, because of large-scale layoffs. The amount of highly qualified talent that is currently available to recruit is now at its highest level in memory. And those that follow business trends already know that this record volume of available quality candidates recently got a gigantic boost on or around “Black Thursday” (11/3/22). When a large number of elite firms (including Twitter, Microsoft, Oracle, Intel, Ford, Meta, and Google) announced additional large-scale layoffs and/or hiring freezes.
And to recruiters, this means that the overall