What is Hiring Freeze?
A hiring freeze is a short-term organizational choice not to hire new employees due to budget or restructuring or because it is an uncertain economic period. When there is a hiring freeze, critical or emergency positions can be filled. This is an indicator used by businesses to manage expenses, stabilize funds or assess workforce policy. Current workers can be reallocated to work on critical issues. A hiring freeze assists organizations to remain financially disciplined and rethink about resource allocation and future workforce requirements effectively.
Examples
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The company announced a hiring freeze to manage declining revenues.
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Only urgent roles were approved during the hiring freeze.
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A hiring freeze required teams to redistribute responsibilities internally.
Similar Words
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Recruitment Pause
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Talent Acquisition Halt
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Hiring Suspension
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Workforce Intake Freeze
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Recruitment Moratorium
