HR experts: What to do if your new job offer gets rescinded – CNBC

Hiring freezes and layoffs are fairly common responses to high inflation and looming recession fears. Rescinded job offers aren’t.Yet, over the past few weeks, some companies including Coinbase, Twitter and Redfin have begun to rescind offers en masse. This kind of activity is “highly unusual,” says Sid Upadhyay, co-founder and CEO of the hiring platform WizeHire.However usual, it’s happening, and “these financial decisions are having a real impact on people,” he says.Bethalyn Staples was recently set to start her “dream job” in HR at a software firm in Los Angeles. Two days before starting, she was told her offer had been rescinded due to a hiring freeze. As an HR expert with over a decade of recruiting and career development experience, she knew exactly what to do: She immediately reignited her job search, starting by publicly posting about her situation on LinkedIn.But it’s not as simple as starting a new job hunt from scratch. Here, Staples and Upadhyay share what you can do if you’ve just had your job offer rescinded:Ask your network for new job leadsScores of job-seekers have posted on LinkedIn that they’ve had their job offers rescinded. Staples says that if this happens to you, it’s a…
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