Fired by Musk or Zuckerberg? welcome to the old economy

as meta As Platforms Inc, Twitter Inc and other leaders of the new economy begin an unprecedented round of firings, veterans of the old economy await with open arms.
Luxury carmaker Jaguar Land Rover said on Friday it is looking to hire about 800 technology workers to accelerate its development in areas ranging from autonomous driving to artificial intelligence, electrification and machine learning.
British lender Barclays Plc is offering support to workers looking to start new fintech businesses and it hopes to fill thousands of technology job vacancies.
“I am a firm believer that when one door closes, another opens and one can get out of adversity,” Barclays Chief Operating Officer Mark Ashton-Rigby wrote in a LinkedIn post this week.
Some of the world’s biggest technology firms have begun laying off thousands of employees in recent weeks, marking an abrupt end to more than a decade of rapid employment growth. Bloomberg has reported that Inc is cutting 10,000 positions, while Mark Zuckerberg-led Meta has said it is making 11,000 workers redundant. At Twitter, at least 3,700 jobs are being cut under new owner Elon Musk, or roughly half of the social media company’s workforce.
Ashton-Rigby wrote that Barclays is expanding its program for aspiring entrepreneurs, which offers a 20-week course to help them build their own fintech companies. Barclays has over 3,000 open roles for technology workers around the world, in areas such as engineering and innovation.
“If you’re starting a new chapter and reading this, take it as a sign that something very exciting may be in store for you… Apply today,” he wrote.
Tata Motors Ltd. Co-owned JLR said the technical staff it is looking to recruit have the skills needed to develop and build the carmaker’s next generation of electric cars. It is looking to hire in the UK, US, Ireland, India, China and Hungary.

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