Wednesday, 13 September 2023

Google Parent Alphabet Lays Off Hundreds From Global Recruitment Team

Google parent Alphabet is laying off employees from its global recruiting team as the tech giant continues to slow hiring, it said on Wednesday.

The company's decision to let go of a few hundred employees is not part of a wide-scale layoff and will retain a significant majority of the team for hiring critical roles. It will also help the workers search for roles within the company and elsewhere.

Alphabet is the first "Big Tech" company to lay off employees this quarter, after peers like Meta, Microsoft and Amazon downsized aggressively earlier in 2023 as a weak economy put an end to their pandemic-led hiring sprees.

Alphabet cut 12,000 jobs in January

California-based Alphabet cut about 12,000 jobs in January, reducing its workforce by 6%.

Layoffs in the U.S. rose more than threefold in August from July and nearly fourfold compared with a year ago, according to a report by employment firm Challenger, Gray & Christmas.

Economists polled by Reuters had forecast that new claims for state unemployment benefits would rise by about 8% in the week ended Sept. 9, after having fallen 13,000 to 216,000 in the prior seven-day period.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)



from NDTV News- Special https://ift.tt/JBf5ZIu
via

No comments:

Post a Comment

Jeff Bezos Denies Report Of $600 Million Lavish Wedding: "Completely False"

Jeff Bezos has categorically denied media reports that his upcoming wedding to fiancee Lauren Sanchez will cost a staggering $600 million. T...