Google to slow hiring for rest of year

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Google to slow hiring for rest of year
14 Jul 2022
6 min read

News Synopsis

In the face of a potential economic downturn, Alphabet Inc.'s Google plans to slow hiring for the rest of the year, Chief Executive Officer Sundar Pichai said in an email to employees on Tuesday.Pichai said the company will focus on hiring “engineering, technical and other critical roles,” in 2022 and 2023, according to a copy of the email viewed by Bloomberg News.

“Moving forward, we need to be more entrepreneurial, working with greater urgency, sharper focus, and more hunger than we’ve shown on sunnier days,” Pichai wrote. “In some cases, that means consolidating where investments overlap and streamlining processes.”

Google has historically been relatively immune to the technology sector's economic downturns. The internet giant paused hiring after the financial crisis more than a decade ago, but has since added waves of new employees for its main advertising business as well as unprofitable areas like smartphones, self-driving cars, and wearable devices. Alphabet, the parent company of Google, which employed nearly 164,000 people as of March 31, has hired primarily in recent years for Google's cloud division and new fields such as hardware.

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