FinTech hiring freeze after ECB rate shock

The sudden 75 basis point ECB rate hike last week forced our Series B fintech to slash its headcount plan by 30 percent, despite a pipeline of product releases slated for Q3. Teams are scrambling to re‑prioritise features while recruiters keep getting cold calls from candidates who've already accepted offers elsewhere. We've got senior engineers asking whether they'll be let go once the freeze lifts, and junior staff worrying about career stalls. How are other UK tech firms balancing immediate cash‑flow pressures with the risk of losing critical talent in such a rapid freeze?

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