The NSA is picking up Big Tech workers laid off in the biggest hiring spree in 30 years.

The National Security Agency is making the most of the huge layoffs taking place in Silicon Valley by poaching laid-off tech workers as part of its biggest hiring spree in 30 years.

The intelligence agency has been trying to recruit workers through LinkedIn and said it will hire 3,000 people in what it described as an “unprecedented hiring effort in 2023.”

Layoffs affecting big tech companies like Amazon and Meta began last year and are continuing.

Last week, Zoom laid off around 1,500 workers, representing 13 percent of its workforce. In November Meta shed 11,000 employees as part of the biggest layoff in the company’s history.

The NSA has been targeting those from companies that experienced layoffs and hopes to deal with them, one of its senior recruiters told the washington times.

in a statement In January, the agency said it was looking for workers in fields including: “computer science, cybersecurity, mathematics, data science, engineering, intelligence analysis, language analysis, communications, business, and accounting.”

“NSA started reaching out through LinkedIn, through some of our career boards, specifically messaging people we thought might be linked to some companies that were in the news saying they were going to be laid off or were predicted to be laid off. . Parker told the Washington Times.

“Just let them know that we’re here and that we have this strong ongoing hiring program,” he added.

Of his job postings, most were for ‘senior level entry’ engineers and most of them would require some work at the NSA headquarters in Fort Meade, Maryland.

When he announced the layoffs, the Zoom CEO said he would cut his own $1.1 million salary by 98 percent.

Eric Yuan posted the notice to employees on ZoomBlogletting them know that those affected by the layoffs received an email last Tuesday.

He said his own salary would be cut to $22,000 this year, and that other executives would also see their salaries cut by 20 percent and none of them would receive annual bonuses in 2023.

Yuan said the layoffs affected all departments of the company and the laid off employees would receive up to 16 weeks of salary and health care coverage.

Of his job listings, most were for ‘upper-level entry’ engineers and most of them would require some work at NSA headquarters in Fort Meade, Maryland.

Zoom CEO Eric Yuan announced that around 1,300 employees were laid off last Tuesday.

In November, Mark Zuckerberg (pictured in 2019) said Meta would shed 11,000 employees as part of the biggest layoff in company history.

Zoom is the latest tech giant to announce big layoffs after the industry saw a brutal end in 2022.

In his message to employees posted 30 minutes before the emails were sent, Yuan wrote: “We have made the difficult but necessary decision to reduce our team by approximately 15 percent and say goodbye to around 1,300 hard-working and talented colleagues.” .

“I know this is a difficult message to hear, and it’s certainly not one I’ve wanted to get across.”

Explaining the latest cuts, Yuan said the company experienced a boom during the pandemic as many saw Zoom as a means to stay connected and conduct business.

“We needed to quickly onboard staff to support the rapid growth of users on our platform and their changing needs,” Yuan wrote. “In 24 months, Zoom has tripled in size to handle this demand while enabling continued innovation.”

Zoom, however, made mistakes when it failed to take into account how its growth was unsustainable, Yuan wrote.

In the post-pandemic world, users no longer trusted Zoom as much, meaning the company had to reverse its growth.

“As the CEO and founder of Zoom, I am responsible for these mistakes,” Yuan told employees when he announced his pay cut.

Pictured: Zoom office building in San Jose, California. The company saw its workforce grow by 300 percent during the pandemic, but Yuan admitted the boom was unsustainable.

It represents a 15 percent cut to his workforce and Yuan will reduce his own salary from $1.1 million to $22,000. Pictured: An employee working at Zoom’s San Jose headquarters last week

Along with 16 weeks’ salary and health insurance coverage, the laid-off employees will also receive what would have been their 2023 annual bonuses.

Zoom also offers layoffs stock options for six months, as well as one-on-one coaching, workshops and networking sessions.

Following news of the layoffs, Zoom’s shares rose more than 7 percent, nearly reversing a downward trend that began Thursday.

More than 102,000 employees will lose their jobs after US companies announced some of the most brutal job cuts since 2020, according to new data.

Challenger, Gray & Christmas, Inc. made the report which found 102,943 job cuts in January, more than double the number announced in December and 440 percent more than the same period last year.

The technology sector has experienced the most significant layoffs, accounting for 41 percent of planned reductions; meanwhile, retailers and financial companies will also see substantial changes.

The technology sector has seen the most significant layoffs accounting for 41 percent of planned reductions; meanwhile, retailers and financial companies will also see substantial changes.

More than 102,000 employees will lose their jobs after US companies announced some of the most brutal job cuts since 2020, according to new data.

PayPal Holdings Inc., Alphabet Inc. and Amazon.com Inc. have all made plans to lay off thousands of workers, and since November, the technology companies combined have pledged to cut 110,793 jobs.

PayPal said Tuesday it will cut about 7 percent of its total workforce, or about 2,000 full-time workers, as the digital payments company grapples with what it calls “the challenging macroeconomic environment.”

PayPal said it will make the cuts over several weeks, with some of its organizations going to be hit harder than others.

The company did not provide further details. PayPal is the parent of Venmo, Xoom, and Honey, among other brands.

The San Jose, California-based company is the latest in the tech industry to cut its workforce.

Only during the month of January Google, Microsoft and Sales force Announced tens of thousands of layoffs.

Last year Meta cut 11,000 jobs. Employees received confirmation of the cuts in a company-wide email early one morning. The staff were able to keep their email addresses for one more day to say “goodbye”.

Zuckerberg admitted he “got the wrong message” and “took responsibility” for the problems that led to the cuts, which accounted for 13 percent of Meta’s workforce.