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New Delhi: Google parent company Alphabet is once again laying off employees from its global recruitment team. The technology giant has continued to slow down the pace of hiring for quite some time now. However, according to reports, the company’s recent decision to lay off a few hundred employees is not part of a wide-scale layoff.
The company will be retaining a significant portion of the team to recruit key roles. It will also help workers search for roles within the company and elsewhere. Alphabet is the first ‘Big Tech’ company to lay off employees this quarter, with peers like Meta, Microsoft and Amazon aggressively cutting their teams as early as 2023.
Google’s parent company Alphabet cut about 12,000 jobs in January across teams including recruiting and engineering. This layoff of employees was reduced across the world, which is about 6 percent of the total workforce. Amazon had announced cuts in 18,000 jobs. A few weeks later, Microsoft also showed the exit to 10,000 employees.
The process of layoffs continues at the global level including America. Along with big companies, startups have also shown the way out to their employees. Gray and Christmas job cuts in the US more than tripled in August from July and nearly quadrupled compared to the year-ago period, according to a report by employment firm Challenger.
Economists had forecast unemployment to rise by about 9% in the week ending September 8, down 13,000 from the previous seven-day period to 216,000.
