Google’s Ceo Sundar Pichai informed the employees that the company will be slowing down its pace of hiring for the rest of the year 2022, 2023.
According to a copy of email to Alphabet employees the company CEO said will focus on hiring engineering, technical and other critical roles in year 2022 and 2023.
“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.”
Historically, Google has remained relatively immune to the economic dips of the technology sector. The internet giant paused hiring after the financial crisis more than a decade ago, but has since 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.
Previously, Meta, Uber, GameStop, Netflix, Spotify and others either slowed down or completely stopped the new recruitment process.