Big hiring sprees could become less common this year as some companies look to keep a lid on costs in advance of a potential downturn. But over the past year, the race was on to see who could grow the fastest. The Information’s Headcount Tracker shows that newly public companies, like Coinbase, Robinhood, and Rivian, won by a long shot.
These firms even outpaced pandemic darlings like Zoom and Shopify, which notched another year of impressive headcount growth. With investors hammering growth stocks and some tech executives already talking about belt tightening, this will be the year for fast-hiring companies to prove they have business strength to match.
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