News

IN THE MIDST OF A MAJOR LAYOFF SEASON, GOOGLE OPENS DOORS TO TALENTS AT ALL LEVELS

Since the beginning of 2022, the United States’ technology sector has made massive layoffs in order to weather the global economic turbulence that is slowing growth. The public markets were hard hit in 2022, and this spilled over into the private markets. Inflation concerns, rising interest rates, and geo-political issues have contributed to a roller coaster stock market. Over 90,000 workers have lost their jobs so far, of which Amazon has laid off 1% of its workforce, Meta 13%, and Twitter 50% in November alone. In addition, tech companies such as Netflix, Robinhood, Glossier, and Better have reduced their workforce this year. Where these companies have had overwhelming layoffs, Google remains a freewheeling hiring machine.

In contrast to tech behemoths like Meta, which has frozen hiring, resulting in layoffs, Google is hiring both new and experienced employees. In fact, according to the anonymous professional network: Blind, Google is on a hiring spree! From L3 new grads to generic L3, L4, and L5 positions, it’s hiring on all levels.

However, the Google employees aren’t out of the woods yet. In November 2022, a report suggested that Google’s parent company, Alphabet, plans to lay off 10,000 employees through a performance-based grading system. The corporation made a long-winded announcement that it would cut down on hiring during the last quarter of the year. Google CEO Sundar Pichai has recently dropped hints about workforce reduction, but its employees are saying otherwise. The layoff process is yet to begin, as the company is focused on hiring. This report shows a high probability of a hiring freeze very soon, potentially leading to layoffs.

Recent Posts

10 Best Vitamin C Serum: Enhance Your Skincare Routine

Everyone on the planet appreciates having healthy, radiant skin. However, buzzy terms used in skincare…

1 day ago

How to Remove Super Glue from Skin: 5 Safe and Simple Methods

It's quite common for people to accidentally get Super Glue on their skin while using…

1 day ago

How to Remove Hair Dye from Skin: 6 Easy Home Remedies

Hair coloring is a fun and easy way to update your appearance without the risks…

2 days ago

How to Get Hydrated Fast? 10 Quick Tips for Rehydration

Drinking a sufficient amount of water is beneficial to overall health. When your system loses more fluids…

2 days ago

7 Best Probiotics for Men: Choosing the Right Gut Health Supplement

Probiotic supplements are becoming increasingly popular among men, especially those interested in improving their lifestyle…

3 days ago

How to Lower Cortisol Levels Naturally: 8 Stress-Reducing Techniques

Did you know that excessive cortisol levels can have a detrimental effect on your health?…

3 days ago