46% drop in hiring at Microsoft in April, only 3 jobs openings at LinkedIn

Tech giant Microsoft has seen nearly 46 per cent drop in recruitment activity while its professional career website LinkedIn has listed even worse - just 3 openings for its entire operation amid coronavirus crisis.
According to data compiled by alternative data platform Thinknum, Satya Nadella-run tech giant listed 5,580 openings on its main careers site on March 22.
"By April 20, that number sunk to 3,028, a 46% drop in hiring activity," said the platform that allows investors to get data-driven investment ideas by monitoring companies' websites.
On March 1, LinkedIn listed 510 openings.
"Microsoft-owned career website LinkedIn has seen an even starker drop in hiring. As of this week, LinkedIn shows only 3 openings for its entire business," the web platform revealed.
LinkedIn's main source of revenue comes from job listings but there are very few new jobs as industries after industries are being hit by the Covid-19 pandemic.
According to Thinknum, the hiring slowdown at Microsoft is across the board.
"Of the 20 categories for which the company hires, all have seen drops in openings. None, however, more so than engineering, for which Microsoft is typically hiring for thousands of openings," it revealed.
Not just Microsoft, Google which hired 20,000 employees in 2019 and planned to recruit similar number this year has decided to freeze hiring for the rest of the year as the company fights Covid-19 pandemic.

In an internal memo, Alphabet and Google CEO Sundar Pichai said that now is the time to significantly slow down the pace of hiring, "while maintaining momentum in a small number of strategic areas where users and businesses rely on Google for ongoing support, and where our growth is critical to their success".