Skills-based hiring is solving one of the industry’s biggest headaches—the talent shortage. A recent Motion Recruitment report highlights that 89% of tech companies are thrilled with ditching degree requirements for a focus on skills. Why? People with the right know-how stick around. In fact, workers without a four-year degree are 20% more likely to stay in their jobs.
This shift isn’t just filling desks; it’s changing the game. By prioritizing hands-on expertise, companies are unlocking a larger, more diverse talent pool. It’s also leveling the playing field, giving skilled workers a shot at jobs they might have been boxed out of before. In a field where what you do matters more than what you studied, this trend is turning the traditional hiring process on its head—and it’s working.
Layoffs: LinkedIn
LinkedIn has laid off approximately 200 employees, about 1% of its global workforce, primarily affecting engineering and customer support teams. This move is part of ongoing restructuring efforts, including the discontinuation of its China-focused job app in 2023. Parent company Microsoft has also implemented layoffs, cutting over 1,000 jobs across various divisions in 2024. Despite these reductions, LinkedIn is investing in generative AI tools to enhance user engagement, aligning with Microsoft’s broader AI strategy.
Hiring: L3Harris
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