When a company is hiring, it usually bodes well for investors. It may mean it is expanding its services, offers new ones or perhaps adds new locations to its business. It could also mean the company is hiring technology experts to train staff and new employees. A current example would be the hiring of security experts to combat the documented rise in ransomware during COVID-19 or prevent network traffic to be hijacked*, both even more acute dangers when companies allow their employees to work from home using their home networks and often their own devices. Non-company networks and devices are only as secure as the employee keeps them–the company’s chief security officer (CSO) has no direct control over any of it.
*In April ZDNet reported that traffic meant for more than 200 of the world’s largest content delivery networks (CDNs) and cloud hosting providers was suspiciously redirected through Rostelecom, Russia’s state-owned telecommunications provider. The affected companies “are a who’s who in the cloud and CDN market, including big names such as Google, Amazon, Facebook, Akamai, Cloudflare, GoDaddy, Digital Ocean, Joyent, LeaseWeb, Hetzner, and Linode,” https://www.zdnet.com/article/russian-telco-hijacks-internet…. The article has links to a full list of victim networks.
In the past, to check on a company’s hirings, I’d periodically check Glassdoor not only for employee ratings of the CEO and the working conditions at the company but also to see if my company was hiring. Glassdoor now forces you to sign up. I now use LinkedIn, sign-up also required. When I checked two days ago, I found a list of Who is Hiring Now that includes many companies followed on this board.
Hiring in 2020 is nothing like the hiring described in William H. Whyte’s, The Organization Man where recruiting was managed by company recruiters and most hiring consisted of inside promotion. Today, despite the use of fancy machine learning and artificial intelligence that is still in its infancy and is fraught with serious problems such as built-in bias, hiring is more inefficient than in the past: productivity as well as employee retention has declined. A surprising “40% of US companies have outsourced much if not all of the hiring process to recruitment process outsourcers, which in turn often use subcontractors, typically in India and the Philippines. The subcontractors scour LinkedIn and social media to find potential candidates,” most of whom are not looking for a job (!), according to Peter Cappelli of the Wharton School of Business. The rest of the companies usually dispense with internal recruiters and leave the hiring managers to figure out what a job requires. It is estimated that on average US companies spend $4,129 per US job and many times more for managerial jobs. A staggering 66 million jobs are filled here in the US per year and a total of $20 billion gets spend on human resources vendors; most of it goes to hiring. Mr. Cappelli’s conclusion:
“Businesses have never done as much hiring as they do today. They’ve never spent as much money doing it. And they’ve never done a worse job of it.”
For those of you faced with the pains of hiring and firing; for those of you looking for a job, or for those curious about modern day recruiting, I can highly recommend Peter Capelli’s Recruiting, an easy-to-read article, devoid of the usual abbreviations and tech jargon. It appeared in the 2019 May-June issue of the Harvard Business Review, as a three article package, https://hbr.org/2019/05/recruiting. All three articles are eye openers on current hiring practices, the problem of employee retention (companies steal employees from each other) and the difficulty of recent graduates finding a decent job (to save money, company’s only want “experienced” job applicants).
Here is LinkedIn’s list of job openings. It was originally published on 31 March, 2020, https://www.linkedin.com/pulse/heres-whos-hiring-right-now-a… I updated the figures on 23 May, 2020. Absent from this LinkedIn list are Alteryx (AYX) and Datadog (DDOG). The information for both is from their own websites. All figures reflect worldwide openings:
Not listed on LinkedIn:
AYX has 77 jobs listed on its website, https://alteryx.wd5.myworkdayjobs.com/AlteryxCareers
DDOG is hiring too and has at least 239 positions open (I don’t know if their USA figures listed under “Other Locations” include the separately listed openings for New York City and Boston or if Europe includes Dublin and Paris), see https://www.datadoghq.com/careers
Listed on LinkedIn: (I provided links as the numbers change daily)
Avalara, Inc. (AVLR) is hiring people for more than 150 positions as of 2020-03-31, currently 95 jobs still listed, https://www.linkedin.com/jobs/search/?f_C=22026&location…
Atlassian (TEAM) is hiring people for more than 300 positions, currently 214 open jobs listed, https://www.linkedin.com/jobs/search/?f_C=22688%2C2741068&am…
Cloudflare (NET) is hiring people for 261 positions, https://www.linkedin.com/jobs/search/?f_C=407222&locatio…
CrowdStrike (CRWD) is hiring people for 274 openings, 250 listed on March 31, https://www.linkedin.com/jobs/search/?f_C=2497653&locati…
DocuSign (DOCU) is hiring people for 333 jobs, on March 31, 400 positions were listed, https://www.linkedin.com/jobs/search/?f_C=19022&location…
no. 2 best tech company to work for on Glassdoor
HubSpot, Inc. (HUBS) is hiring people for 133 positions, https://www.linkedin.com/jobs/search/?f_C=68529&location…
MongoDB (MDB) has 161 job openings, plans to hire more than 600 globally by the end of the year, https://www.linkedin.com/jobs/search/?f_C=783611&locatio…
New Relic, Inc. (NEWR) is hiring 147 people for open positions, https://www.linkedin.com/jobs/search/?f_C=426253&locatio…
Okta, Inc. (OKTA) is hiring 143; on 2020-03-31 more than 200 people to fill open positions were listed, https://www.linkedin.com/jobs/search/?f_C=926041&locatio…
Pinterest, Inc. (PINS) is hiring 136 people for open positions, https://www.linkedin.com/jobs/search/?f_C=1124131&locati…
Pure Storage, Inc. (PSTG) is hiring people for more than 174, https://www.linkedin.com/jobs/search/?f_C=1632202&locati…
RingCentral (RNG) is hiring 264 people around the globe, https://www.linkedin.com/jobs/search/?f_C=60868&location…
ServiceNow, Inc. (NOW) is hiring for 801 positions, https://www.linkedin.com/jobs/search/?f_C=29352&location…
Square, Inc. (SQ) is now hiring people for 195 openings, in March “more than 150” positions were listed, https://www.linkedin.com/jobs/search/?f_C=675562&locatio…
Talend S. A. (TLND) is hiring people for nearly 150 open roles,https://www.linkedin.com/jobs/search/?f_C=65485%2C227984&….
Twilio Inc (TWLO) is hiring 293 people for open positions, on March 31 open positions were 250, https://www.linkedin.com/jobs/search/?f_C=400528&locatio…
Veeva Systems Inc. (VEEV) - 774 recently posted jobs; 800 on 2020-03-31, https://www.linkedin.com/jobs/search/?f_C=402048&locatio…
Workday, Inc. (WDAY) is hiring 468 people for open positions; 2020-03-31 only 200 jobs were listed, https://www.linkedin.com/jobs/search/?f_C=17719&location…
Zendesk, Inc. (ZEN) is hiring more than 100 people around the globe, 2020-05-23 only 32 jobs still listed (464 applicants), https://www.linkedin.com/jobs/search/?f_C=418095&locatio…
Zoom Video Communications (ZM) is hiring 272 people for open positions.https://www.linkedin.com/jobs/search/?f_C=2532259&locati…
Of note are a few large companies who are hiring between 1,200 to 3,000 employees as of 2020-03-31:
IBM is hiring people for more than 3,000 open positions
Salesforce is hiring for more than 2,000 positions.
VMWare is hiring people for more than 1,500 roles.
Cisco is hiring people for nearly 1,200 openings.
Stay safe!
Continue to wash hands, wear masks, and observe the social distancing rule of 6 feet when in public, still recommended by the medical experts and ably demonstrated by these cool cats: https://twitter.com/PhilippineStar/status/126046080216489574…, click the picture to get a better view.
I. M. (M.D.)
(For now I continue to follow Horace’s Odi profanum vulgus et arceo (I hate the common masses and avoid them)When a company is hiring, it usually bodes well for investors. It may mean it is expanding its services, offers new ones or perhaps adds new locations to its business. It could also mean the company is hiring technology experts to train staff and new employees. A current example would be the hiring of security experts to combat the documented rise in ransomware during COVID-19 or prevent network traffic to be hijacked*, both even more acute dangers when companies allow their employees to work from home using their home networks and often their own devices. Non-company networks and devices are only as secure as the employee keeps them–the company’s chief security officer (CSO) has no direct control over any of it.
*In April ZDNet reported that traffic meant for more than 200 of the world’s largest content delivery networks (CDNs) and cloud hosting providers was suspiciously redirected through Rostelecom, Russia’s state-owned telecommunications provider. The affected companies “are a who’s who in the cloud and CDN market, including big names such as Google, Amazon, Facebook, Akamai, Cloudflare, GoDaddy, Digital Ocean, Joyent, LeaseWeb, Hetzner, and Linode,” https://www.zdnet.com/article/russian-telco-hijacks-internet…. The article has links to a full list of victim networks.
In the past, to check on a company’s hirings, I’d periodically check Glassdoor not only for employee ratings of the CEO and the working conditions at the company but also to see if my company was hiring. Glassdoor now forces you to sign up. I now use LinkedIn, sign-up also required. When I checked two days ago, I found a list of Who is Hiring Now that includes many companies followed on this board.
Hiring in 2020 is nothing like the hiring described in William H. Whyte’s, The Organization Man where recruiting was managed by company recruiters and most hiring consisted of inside promotion. Today, despite the use of fancy machine learning and artificial intelligence that is still in its infancy and is fraught with serious problems such as built-in bias, hiring is more inefficient than in the past: productivity as well as employee retention has declined. A surprising “40% of US companies have outsourced much if not all of the hiring process to recruitment process outsourcers, which in turn often use subcontractors, typically in India and the Philippines. The subcontractors scour LinkedIn and social media to find potential candidates,” most of whom are not looking for a job (!), according to Peter Cappelli of the Wharton School of Business. The rest of the companies usually dispense with internal recruiters and leave the hiring managers to figure out what a job requires. It is estimated that on average US companies spend $4,129 per US job and many times more for managerial jobs. A staggering 66 million jobs are filled here in the US per year and a total of $20 billion gets spend on human resources vendors; most of it goes to hiring. Mr. Cappelli’s conclusion:
“Businesses have never done as much hiring as they do today. They’ve never spent as much money doing it. And they’ve never done a worse job of it.”
For those of you faced with the pains of hiring and firing; for those of you looking for a job, or for those curious about modern day recruiting, I can highly recommend Peter Capelli’s Recruiting, an easy-to-read article, devoid of the usual abbreviations and tech jargon. It appeared in the 2019 May-June issue of the Harvard Business Review, as a three article package, https://hbr.org/2019/05/recruiting. All three articles are eye openers on current hiring practices, the problem of employee retention (companies steal employees from each other) and the difficulty of recent graduates finding a decent job (to save money, company’s only want “experienced” job applicants).
Here is LinkedIn’s list of job openings. It was originally published on 31 March, 2020, https://www.linkedin.com/pulse/heres-whos-hiring-right-now-a… I updated the figures on 23 May, 2020. Absent from this LinkedIn list are Alteryx (AYX) and Datadog (DDOG). The information for both is from their own websites. All figures reflect worldwide openings:
Not listed on LinkedIn:
AYX has 77 jobs listed on its website, https://alteryx.wd5.myworkdayjobs.com/AlteryxCareers.
DDOG is hiring too and has at least 239 positions open (I don’t know if their USA figures listed under “Other Locations” include the separately listed openings for New York City or Boston or if Europe includes Dublin and Paris), see https://www.datadoghq.com/careers/.
Listed on LinkedIn: (I provided links as the numbers change daily)
Avalara, Inc. (AVLR) is hiring people for more than 150 positions as of 2020-03-31, currently 95 jobs still listed, https://www.linkedin.com/jobs/search/?f_C=22026&location…
Atlassian (TEAM) is hiring people for more than 300 positions, currently 214 open jobs listed, https://www.linkedin.com/jobs/search/?f_C=22688%2C2741068&am…
Cloudflare (NET) is hiring people for 261 positions, https://www.linkedin.com/jobs/search/?f_C=407222&locatio…
CrowdStrike (CRWD) is hiring people for 274 openings, 250 listed on March 31, https://www.linkedin.com/jobs/search/?f_C=2497653&locati…
DocuSign (DOCU) is hiring people for 333 jobs, on March 31, 400 positions were listed, https://www.linkedin.com/jobs/search/?f_C=19022&location…
no. 2 best tech company to work for on Glassdoor
HubSpot, Inc. (HUBS) is hiring people for 133 positions, https://www.linkedin.com/jobs/search/?f_C=68529&location…
MongoDB (MDB) has 161 job openings, plans to hire more than 600 globally by the end of the year, https://www.linkedin.com/jobs/search/?f_C=783611&locatio…
New Relic, Inc. (NEWR) is hiring 147 people for open positions, https://www.linkedin.com/jobs/search/?f_C=426253&locatio…
Okta, Inc. (OKTA) is hiring 143; on 2020-03-31 more than 200 people to fill open positions were listed, https://www.linkedin.com/jobs/search/?f_C=926041&locatio…
Pinterest, Inc. (PINS) is hiring 136 people for open positions, https://www.linkedin.com/jobs/search/?f_C=1124131&locati…
Pure Storage, Inc. (PSTG) is hiring people for more than 174, https://www.linkedin.com/jobs/search/?f_C=1632202&locati…
RingCentral (RNG) is hiring 264 people around the globe, https://www.linkedin.com/jobs/search/?f_C=60868&location…
ServiceNow, Inc. (NOW) is hiring for 801 positions, https://www.linkedin.com/jobs/search/?f_C=29352&location…
Square, Inc. (SQ) is now hiring people for 195 openings, in March “more than 150” positions were listed, https://www.linkedin.com/jobs/search/?f_C=675562&locatio…
Talend S. A. (TLND) is hiring people for nearly 150 open roles,https://www.linkedin.com/jobs/search/?f_C=65485%2C227984&….
Twilio Inc (TWLO) is hiring 293 people for open positions, on March 31 open positions were 250, https://www.linkedin.com/jobs/search/?f_C=400528&locatio…
Veeva Systems Inc. (VEEV) - 774 recently posted jobs; 800 on 2020-03-31, https://www.linkedin.com/jobs/search/?f_C=402048&locatio…
Workday, Inc. (WDAY) is hiring 468 people for open positions; 2020-03-31 only 200 jobs were listed, https://www.linkedin.com/jobs/search/?f_C=17719&location…
Zendesk, Inc. (ZEN) is hiring more than 100 people around the globe, 2020-05-23 only 32 jobs still listed (464 applicants), https://www.linkedin.com/jobs/search/?f_C=418095&locatio…
Zoom Video Communications (ZM) is hiring 272 people for open positions.https://www.linkedin.com/jobs/search/?f_C=2532259&locati…
Of note are a few large companies who are hiring between 1,200 to 3,000 employees as of 2020-03-31:
IBM is hiring people for more than 3,000 open positions
Salesforce is hiring for more than 2,000 positions.
VMWare is hiring people for more than 1,500 roles.
Cisco is hiring people for nearly 1,200 openings.
Stay safe!
Continue to wash hands, wear masks, and observe the social distancing rule of 6 feet when in public, still recommended by the medical experts, in my personal experience often violated by humans but ably demonstrated by these cool cats: https://twitter.com/PhilippineStar/status/126046080216489574…, click the picture to get a better view.
I. M. (M.D.)
(For now I continue to follow Horace’s Odi profanum vulgus et arceo (I hate the common masses and avoid them)