Citing economic headwinds, Google is slowing down the hiring process of new talents for the rest of 2022, and 2023. This was noted by the companyโs CEO Sundar Pichai on Tuesday, through an internal memo.
As per it, the CEO stated that Google has hired over 10,000 people in Q2 alone this year. But to support important opportunities now, the company is slowing down hiring new people, while the recruitment for critical departments like engineering, technical, etc will continue as usual.
Slowing Down The Hiring New People
Due to ongoing economic tensions around the world, several tech companies are going on a hiring freeze to cut costs, as one measure. Weโve seen Meta, Uber, Spotify, Snap, Twitter, Netflix, and GameStop announcing their hiring pause, and now Google joins the list.
As per an internal memo shared by Google CEO Sundar Pichai on Tuesday, as obtained by Business Insider, the company will slow down hiring for new talent for the rest of 2022 and 2023. Although, recruitment for engineering and other technical areas will go on as usual.
Pichai cited economic headwinds as one major reason, while also boasting of adding 10,000+ people in Q2 this year alone. Yet, they decided to slow down on hiring new people, while re-deploying the current resources in critical areas.
Further, be said Google is more
Hi Googlers, Hard to believe weโre already through the first half of 2022. Itโs the right opportunity to thank everyone for the great work so far this year, and to share how my Leads and I are thinking about H2. The uncertain global economic outlook has been top of mind. Like all companies, weโre not immune to economic headwinds. Something I cherish about our culture is that weโve never viewed these types of challenges as obstacles. Instead, weโve seen them as opportunities to deepen our focus and invest for the long term. In these moments, I turn to our mission: to organize the worldโs information and make it universally accessible and useful. Itโs what inspired me to join the company 18 years ago, and what makes me so optimistic about the impact we are able to have on the world. Knowledge and computing are how we drive our mission forward. Thatโs the lens we use to decide where to invest -- whether itโs in areas like Search, Cloud, YouTube, Platforms and Hardware, the teams that support them, or in the AI that enables more helpful products and services. We help people and society when we focus on what we do best, and do it really well. The investments weโve made in the first half of the year reflect this vision. In Q2 alone, we added approximately 10,000 Googlers, and have a strong number of commitments for Q3 start dates which reflects, in part, the seasonal college recruiting calendar. These are extraordinary numbers, and they show our excitement about long-term opportunities, even in uncertain times. Because of the hiring progress achieved so far this year, weโll be slowing the pace of hiring for the rest of the year, while still supporting our most important opportunities. For the balance of 2022 and 2023, weโll focus our hiring on engineering, technical and other critical roles, and make sure the great talent we do hire is aligned with our long-term priorities. Moving forward, we need to be more entrepreneurial, working with greater urgency, sharper focus, and more hunger than weโve shown on sunnier days. In some cases, that means consolidating where investments overlap and streamlining processes. In other cases, that means pausing development and re-deploying resources to higher priority areas. Making the company more efficient is up to all of us -- weโll be creating more ways for you all to engage and share ideas to help, so stay tuned. Scarcity breeds clarity -- this is something we have been saying since the earliest days of Google. Itโs what drives focus and creativity that ultimately leads to better products that help people all over the world. Thatโs the opportunity in front of us today, and Iโm excited for us to rise to the moment again. --Sundar