Google Slows Hiring: Now there is no job in Google too, Sundar Pichai said – this year the company will slow down the restoration process

Amid the economic recession, Alphabet Inc.’s Google will slow down the hiring for the remainder of the year, Chief Executive Officer Sundar Pichai said in an email to staff. Pichai said the company will focus on hiring “engineering, technical and other critical roles,” in 2022 and 2023, according to Bloomberg news agency.
“Moving forward, we need to be more entrepreneurial, working with greater urgency, sharper focus, and more hunger than we’ve shown on sunnier days. In some cases, that means consolidating where investments overlap and streamlining processes,” Pichai wrote.

Historically, the internet giant has remained relatively immune to the economic dips of the technology sector. Google had paused hiring after the 2008 financial crisis. But otherwise, it has regularly added waves of new employees for its main advertising business as well as areas such as smartphones, self-driving cars, and wearable devices that aren’t yet profitable. Google parent Alphabet, which employed almost 164,000 people as of March 31, has hired primarily in recent years for Google’s cloud division and new fields like hardware.

Google’s move mirrors that of other tech companies. Earlier this week, Google’s rival Microsoft Corp. announced it was cutting a small number of jobs. Meta Platforms Inc (Facebook) has reduced its hiring plans because of concerns over economic conditions. In May and June companies such as Lyft and Tesla also said they would slow hiring. Tesla decided to cut the salaried workforce by 10% over three months.