Sundar Pichai, Google’s CEO, told employees that the company will slow the pace of hiring and investments through next year.
Growth in the first quarter slowed to 23% from a year earlier, down from 34% growth in the first three months of 2021, when the economy was reopening from the pandemic. Still, Pichai said in the letter that the company has hired 10,000 employees in the second quarter.
“Because of the hiring progress achieved so far this year, we’ll be slowing the pace of hiring for the rest of the year, while still supporting our most important opportunities," he wrote."For the balance of 2022 and 2023, the company will focus on hiring on engineering, technical and other critical roles.”
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