Alphabet will hire fewer people for the rest of the year
Google parent company Alphabet will hire fewer people for the rest of the year than it planned. This is due to the economic consequences of the coronavirus outbreak. As far as is known, there are no layoffs at the company.
Google will continue to hire people “in a small number of strategic areas”, reports financial news agency Bloomberg. People who have already been hired are also just being trained. Director Sundar Pichai says in a memo that the measure is necessary to cut costs. This also happens by spending less on investments in data centers, travel and non-essential marketing. Alphabet employs approximately 119,000 people.
The measures are necessary, Pichai says. “The entire global economy is in trouble, and Google and Alphabet are not immune to the effects of this global pandemic. We exist in an ecosystem of partnerships and interconnected companies. Many of them feel the pain in a significant way.”
Google isn’t the only tech giant to hire fewer people; so is Microsoft, Business Insider wrote last week. Alphabet has already hired 4,000 people this year. That was a total of 20,000 last year.