Alphabet lays off hundreds from recruitment team worldwide.

Google Parent Alphabet Announces Layoffs in Global Recruiting Team

Google parent Alphabet is‍ making ⁣changes to its global recruiting team as the tech giant adjusts its hiring strategy. The company announced on Wednesday that it will be⁤ letting go of a few hundred employees ⁣from the team.

However, this is not a widespread layoff, ​as Alphabet plans to retain a significant‍ majority⁢ of the team to focus on hiring⁢ critical roles. The company is also committed to assisting the affected employees in finding new opportunities within the​ company or elsewhere.

Alphabet’s decision to downsize its recruiting team comes after other “Big ‍Tech” companies, such as Meta, Microsoft, and Amazon, ⁤implemented aggressive layoffs earlier this year due to a weak‌ economy.

Impact of Layoffs in the Tech Industry

Earlier this year, California-based Alphabet had already made significant job cuts, reducing its⁢ workforce by 6 percent, which amounted to approximately 12,000 jobs.

The tech industry as a whole ​has been affected by layoffs, with reports showing a significant rise in job cuts in the United States. In August,‍ layoffs increased more than threefold compared to July and nearly fourfold compared to the previous year, according to a report​ by employment firm Challenger, Gray & Christmas.

Economists ‌had predicted a further increase in unemployment ⁤claims, reflecting the challenging economic conditions. ⁢However,⁤ the exact figures will be revealed in the upcoming weeks.