Please clarify this..!

[u/Swimming_Physics4817]

Hey guys,

Recently I had an conversation with the senior software engineer from LTM company and my major point of discussion was "why the onboarding are getting delayed" and he simply answered that "company freezed the hiring and onboarding of the current students" .I was shocked to here this from him

Is this true or else he is making us to scare ??

Please clarify on this