⏳ Final hours! Save up to 60% OFF InvestingProCLAIM SALE

Google to Slow Hiring Through 2023 for Rest of 2022 - Report

Published 13/07/2022, 09:38 pm
© Reuters
GOOGL
-

By Senad Karaahmetovic

Alphabet Inc (NASDAQ:GOOGL) CEO Sundar Pichai told Google’s employees that the internet giant will slow down the pace of hiring new staff through 2023, according to an internal memo published by The Verge.

Pichai told staff that the company is “not immune to economic headwinds”.

“Something I cherish about our culture is that we’ve never viewed these types of challenges as obstacles. Instead, we’ve seen them as opportunities to deepen our focus and invest for the long term,” Pichai wrote in an email to staff.

Google’s top executive also shared some insights about hiring activity by saying that Google added approximately 10,000 “Googlers” in Q2 while it already has “a strong number of commitments for Q3 start dates”.

“These are extraordinary numbers, and they show our excitement about long-term opportunities, even in uncertain times,” he added.

However, the pace of hiring will be slowing down.

“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. For the balance of 2022 and 2023, we’ll focus our hiring on engineering, technical and other critical roles,” Pichai wrote.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.