Google decides to limit hiring for the rest of 2022
Google has made the decision to ease off on hiring for the rest of the year. Sundar Pichai, the boss of the company, warned the employees with an e-mail.
In his messageSundar Pichai said that Google will “slow the pace of hiring for the rest of the year, while continuing to support our most important opportunities”. The company hired about 10,000 new employees in the second quarter and more committed to start this quarter, he added. Parent company Alphabet had 163,906 employees at the end of March, up 17% from a year earlier.
“To move forward, we need to be more entrepreneurial, work with greater urgency, sharper focus and more hunger than we showed on the sunnier days”Sundar Pichai wrote in the email. “In some cases, that means consolidating where investments overlap and streamlining processes. In other cases, it means pausing deployment and redeploying resources to higher priority areas.”.
Google is far from the only tech company to revamp its employee policy. Microsoft announced this week to cut a small number of jobs. Meta (Facebook) also cut its hiring plans due to concerns over economic conditions. For its part, Snap (Snapchat) decided to limit new hiring, warning that the economy “definitely deteriorated more and faster than we thought”.