Alphabet, Google’s parent company, is laying off its global recruiting team. This move is a consequence of the slowdown in the employment process. Several hundred people will lose their jobs.
Alphabet announced in a statement that the company’s decision to lay off several hundred people is not part of large-scale layoffs. The majority of the HR team is to be retained for the purpose of recruiting for key positions.
The company declared to help employees find employment both within and outside the company.
According to Reuters, Alphabet is the first “Big Tech” company to lay off employees this quarter. Earlier this year, Meta, Microsoft and Amazon aggressively cut jobs amid a weaker economy. This put an end to record recruitments that occurred due to the pandemic.
Alphabet itself laid off around 12,000 people in January. employees, reducing employment by 6%.
Layoffs in the US are increasing
According to a report by staffing firm Challenger, Gray & Christmas, U.S. layoffs more than tripled in August from July and nearly quadrupled from a year ago.
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