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In the short term, ZipRecruiter faces a low-hire environment. Companies aren’t just slowing down their hiring pipelines, but they are also focused on leveraging AI to cut headcount. Major companies ranging from Meta (META), Oracle (ORCL), Robinhood (HOOD), Snap (SNAP) and Block (XYZ) have announced layoffs covering 10% or even more of their global headcount. In this environment, ZipRecruiter’s recruiting platform isn’t likely to generate much momentum.
