Alphabet Cuts Hundreds of Jobs From Recruitment Division
Google parent Alphabet is laying off employees from its global recruiting team as the tech giant continues to slow hiring, it said on Wednesday.
The company’s decision to shed a few hundred employees is not part of a large-scale layoff, and it will retain a significant majority of the team for hiring in critical positions. It also helps employees find roles within the company and elsewhere.
Alphabet is the first “Big Tech” company to lay off workers this quarter after the likes of Meta, Microsoft and Amazon cut aggressively earlier in 2023 after a weak economy ended pandemic-driven hiring.
California-based Alphabet cut about 12,000 jobs in January, reducing its workforce by six percent.
Resignations in the United States more than tripled in August from July and nearly quadrupled compared to a year ago, according to a report by employment firm Challenger, Gray & Christmas.
Economists polled by Reuters had forecast new government jobless claims would rise about 8 percent in the week ended Sept. 9, after falling 13,000 to 216,000 in the previous seven days.