A condition in which a place of business puts a temporary halt on the hiring of new employees. This is often the result of the CEO purchasing a new yacht or Fiji beach home and usually means that employees of said company should start looking for new jobs.
"Thank you for interviewing with us, but management has just initiated a hiring freeze. We will be keeping your resume on file. I am going to go kill myself now."
by Tony November 15, 2004
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