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09/14/2023

Google is laying off hundreds in its recruitment division !

Google confirmed it will lay off hundreds of staff members who helped recruit and hire employees, as Silicon Valley continues its cost-cutting efforts.

The latest cuts come after Google parent Alphabet in January eliminated 12,000 jobs, or about 6% of its workforce, across the company as it grappled with economic uncertainty that hit the company’s bottom line last year, especially its core advertising business.

During Google’s July earnings call, CEO Sundar Pichai said the company was continuing to slow its “expense growth and pace of hiring.”

“We continue to invest in top engineering and technical talent while also meaningfully slowing the pace of our overall hiring,” Google spokesperson Courtenay Mencini said in a statement Wednesday, adding that the workload for recruiters has declined as hiring slows. “To ensure we operate efficiently, we’ve made the hard decision to reduce the size of our recruiting team.”

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Photos from Techy.Daily's post 06/26/2023

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