Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

Connect with us

Hi, what are you looking for?

slide 3 of 2
THE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & LifestyleTHE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & Lifestyle

Technology

Technology

Alphabet lays off hundreds from global recruitment team

A 3D-printed Google logo is seen in this illustration taken April 12, 2020. REUTERS/Dado Ruvic/Illus... A 3D-printed Google logo is seen in this illustration taken April 12, 2020. REUTERS/Dado Ruvic/Illustration
A 3D-printed Google logo is seen in this illustration taken April 12, 2020. REUTERS/Dado Ruvic/Illus... A 3D-printed Google logo is seen in this illustration taken April 12, 2020. REUTERS/Dado Ruvic/Illustration

Listen to the article now

Alphabet (GOOGL.O), the parent company of Google, said on Thursday that it would be laying off people from its worldwide recruitment team as the internet giant continues to cut down its hiring efforts.

The choice made by the firm to let go of a few hundred workers is not part of a larger-scale layoff, and the company will keep a substantial majority of the team recruiting important jobs as a result of this decision. In addition, it will assist the employees in looking for opportunities both inside the organization and outside of it.
After competitors such as Meta (META.O), Microsoft (MSFT.O), and Amazon (AMZN.O) reduced drastically earlier in 2023 as a result of a sluggish economy putting a stop to their pandemic-led hiring sprees, Alphabet is the first “Big Tech” business to lay off staff during this quarter.

Alphabet, located in California, eliminated over 12,000 workers in January, representing a 6% employment reduction.

According to a survey by employment agency Challenger, Gray & Christmas, the number of people letting go of their jobs in the United States increased greatly between July and August and almost fourfold compared to last year.

Following a decrease of 13,000 to 216,000 in the previous seven-day period, economists surveyed by Reuters forecasted that new claims for state unemployment benefits would increase by around 8% in the week that ended September 9. This comes after new claims had declined by 13,000 to 216,000 in the week preceding.


Comment Template

You May Also Like

Business

Alphabet Inc. lost $180 billion in market value after weaker-than-expected Google Cloud revenue and a costly AI investment strategy. Despite strong ad revenue, investor...

Business

Alphabet Inc. reached a major milestone as its shares closed above $200 for the first time, driven by a strong focus on AI innovation...

Technology

Anthropic stated on Thursday that the advantages of California’s updated measure, which aims to control the development and deployment of artificial intelligence within the...

Business

By the year’s end, Taco Bell plans to have implemented AI ordering at hundreds of US sites, following two years of testing in a...

Notice: The Biznob uses cookies to provide necessary website functionality, improve your experience and analyze our traffic. By using our website, you agree to our Privacy Policy and our Cookie Policy.

Ok