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I was kinda confused why covid-19 is effecting StackOverflow. After reading it, a good portion of layoffs is the Talent team with the reason of planned long term hiring freeze so they won't need (edit) this product offering for the near future.

Side note, the original title of the posts is "A message from our CEO: The Way Forward"

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This is referring to StackOverflow's Talent product, which is a software engineering focused hiring platform. Seems like they furloughed the sales and marketing team for this product, due to an expected slowdown in market-wide hiring.

Ohh I misunderstood, I thought that's what they call their recruiting team

Yes, this is what happened. Though only a portion of the team related to Talent was furloughed, not the whole team. It is still an active product, but sales has taken a big hit related to the downturn of the overall hiring environment due to Covid19.

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