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Google to slow hiring for rest of year amid recession worries
By Shubhangi Mathur - Jul 13, 2022, 09:45 PM ET
Last Updated - Jun 24, 2024, 12:28 AM EDT
Alphabet Inc’s (NASDAQ: GOOGL) Google plans to slow hiring for the remainder of the year amid fears of recession, CEO Sundar Pichai told employees on Wednesday
• The company said it will focus on hiring engineering, technical and other critical roles in 2022 and 2023
Alphabet Inc’s (NASDAQ: GOOGL) Google plans to slow hiring for the remainder of the year amid fears of recession, CEO Sundar Pichai told employees on Wednesday.
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Bloomberg News reported that Pichai said in an email that the company will focus on hiring “engineering, technical and other critical roles,” in 2022 and 2023.
“Like all companiess, we’re not immune to economic headwinds,” he said.
“Because of the hiring progress achieved so far this year, we’ll be slowing the pace of hiring for the rest of the year, while still supporting our most important opportunities.”
This comes after tech giant Microsoft Corp (NASDAQ: MSFT) on Tuesday announced job cuts across the world.
Picture Credits: Reuters
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