BUSINESS

‘Hundreds’ are laid off from the worldwide recruiting staff by Google parent Alphabet

Alphabet, the company that owns Google, said on Wednesday that it was cutting staff from its worldwide recruitment division as the digital juggernaut continues to halt hiring.

A small number of workers will be let go by the corporation; there won’t be a mass layoff, and most of the team will be kept around for recruiting crucial positions. Additionally, it will aid employees in looking for jobs both within and outside the organization.

Alphabet is the first “Big Tech” business to lay off workers this quarter, after dramatic downsizing earlier in 2023 by competitors like Meta, Microsoft, and Amazon as a sluggish economy ended their pandemic-driven hiring sprees.

California-based Alphabet reduced its headcount by 6% in January by cutting roughly 12,000 positions.

According to a research by the employment company Challenger, Gray & Christmas, the number of layoffs in the U.S. increased by over four times in August compared to July and by more than three times in August overall.

According to economists surveyed by Reuters, new applications for state unemployment benefits will increase by around 8% in the week ending September 9 after falling by 13,000 to 216,000 the previous seven days.

 

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