Latest / Hiring & Firing with Fexingo: Recruitment, Performance, and Workforce Decisions
How the Hiring Ramp Self-Corrects a Slow Market
When the job market slows, most companies freeze hiring. Lucas and Luna explore a counterintuitive pattern: recessions and hiring slowdowns often produce better hires because the self-correction mechanism of the market works faster. They look at data from the 2008 and 2020 downturns, plus a 2024 case study from a mid-sized tech firm that hired aggressively during a sector slowdown and saw a 40% higher retention rate. The episode digs into why slower hiring cycles force better screening, reduce false positives from panic hiring, and improve onboarding outcomes. Also discussed: the risk of…
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