These gloomy big tech hiring headlines are what the Fed wants to see 😈

Reading between the lines of this week's Apple, Google, and Microsoft headlines 💻

(Source: Getty Images)

Mega-cap tech companies are responding to the economic slowdown by tweaking their hiring plans.

Here are some headlines from this past week:

• Apple to Slow Hiring and Spending for Some Teams Next Year - Bloomberg

• Google Announces Hiring Pause - The Information

• Microsoft Cuts Many Open Job Listings in Weakening Economy - Bloomberg

On Thursday, Snap announced “a substantially reduced rate of hiring“ as part of its plan to improve profitability. (H/T Myles Udland)

If you look carefully, you’ll see something important missing in these reports and announcements.