Alphabet, the company that owns Google, announced on Wednesday that it was cutting employees from its worldwide recruiting division as the digital juggernaut continues to slow hiring.
A small number of employees will be let go by the corporation; there won’t be a mass layoff, and most of the team will be kept around for hiring crucial positions. Additionally, it will aid employees in looking for jobs both inside and outside the organization.
Alphabet is the first “Big Tech” business to lay off employees this quarter, following dramatic downsizing earlier in 2023 by competitors like Meta, Microsoft, and Amazon as a sluggish economy ended their pandemic-driven hiring sprees.
12,000 positions were lost by Google parent Alphabet in January.
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.