- Tata Motors Ltd (NYSE:TTM) Jaguar Land Rover looked to recruit workers fired by technology companies like Meta Platforms Inc (NASDAQ:META) and Twitter Inc to fill digital and engineering vacancies.
- The luxury carmaker wants to hire about 800 workers across the U.K., U.S., Ireland, India, China, and Hungary, Bloomberg reported.
- The jobs include autonomous driving, artificial intelligence, electrification, cloud software, data science, and machine learning.
- Tech companies are trimming staff and slowing hiring as they face higher interest rates, sluggish consumer spending, and a strong dollar.
- Facebook parent Meta is cutting about 11,000 jobs, the first significant round of layoffs in the social-media company’s history.
- At the same time, under new owner Elon Musk, Twitter has imposed deep cuts and seen many workers quit.
- JLR looked to hire tech workers with skills essential to develop and build the carmaker’s next generation of electric cars.
- Price Action: TTM shares are up by 1.13% at $25.57 on the last check Friday.
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