Friday, November 25, 2022
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Google will slow the pace of its hiring for the rest of 2022 except for engineering

The American advertising giant Google is putting the brakes on hiring in the second half of 2022 as well as in early 2023, after a long technological boom fueled by the Covid-19 pandemic.

Sundar Pichai, the CEO of Alphabet, the parent company of Google, specifies in an internal memo that the next recruitments will aim to fill “critical and technically and engineering-oriented positions”. He points out that Google has already recruited 10,000 people in the second quarter and that the “global economic outlook” are “uncertain”.

Other American digital multinationals have also slowed down or frozen their hiring, or even launched layoff plans.

One of Meta/Facebook’s VPs, Maher Saba, recently asked company executives for a list of “bad elements”, thus signaling its intention to reduce the workforce without carrying out an official dismissal. Mark Zuckerberg confirmed the statement with these words: “I think some of you might decide this place isn’t for you and this self-selection is fine with me (…) Realistically there’s probably a bunch of people in the business who shouldn’t be here “. Meta’s stock price has plummeted since last February from $323 to $175 today.

After putting the brakes on hiring last May, Microsoft announced layoffs last week, a few days after the start of its 2023 fiscal year.

As for Apple, after slowing recruitment for its stores last April, the Cupertino giant is planning to curb hiring “in certain divisions” for “deal with a possible economic slowdown”according to the Bloomberg news agency.

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