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The American multinational recorded 250 billion US dollars of revenue in 2021.
Last year, Alphabet, the tech giant’s parent company, reported having 156,000 employees.
Employees of the company are called “Googlers”, the newcomers are nicknamed “nooglers”.
The strong crisis in the economy that is registered in the world has unleashed many large companies to give a strong speech to their employees. This is the case of Google, since recently the top boss of the technology giant warned about the “economic headwinds” that they glimpse and urged their employees to be “more entrepreneurial” and carry out their duties with “more hunger” and desire.
Inflation in the United States is skyrocketing and, according to data shared by the rating agency Moody’s, a possible economic recession is expected in the North American country. Also, the International Monetary Fund (IMF), in its annual review of the US economy, cut its growth forecast for the world’s largest economy for 2022 to 2.9 percent, from 3.7 percent it forecast in April, with a further slowdown to 1.7 percent in 2023.
Given these data, Google reported its adjustments for high inflation, where its parent company, Alphabet, would slow the pace of hiring for the rest of the year. Let us remember that Alphabet, according to its 2021 reportgave employment to more than 156 thousand people, which represents an increase of more than 21 thousand workers compared to 2020.
Google and its employees
Through an email, Sundar Pichai, CEO of Google’s parent company, Alphabet, warned about “economic headwinds” and urged workers to be “more enterprising” and fulfill their duties in the company with “more enthusiasm.”
“In the future, we must be more entrepreneurial, work with greater urgency, sharper focus and hungrier than we have shown on the sunniest of days,” Pichai wrote in the email, which was obtained by US outlet Wall Street. Journal.
Likewise, the executive stressed that: “in some cases, this means consolidating where investments overlap and streamlining processes. In other cases, that means pausing deployment and redeploying resources to higher priority areas.”
Given the cessation of new hires, Pichai detailed that hiring efforts will focus on technical and engineering roles.
“Scarcity breeds clarity: This is something we’ve been saying since the early days of Google,” Pichai wrote in the email.
“Like all companies, we are not immune to economic headwinds. It’s what drives the focus and creativity that ultimately leads to better products that help people around the world,” Alphabet said in its regulatory filing.
This announcement joins those of other major technology companieswhich includes Uber Technologies, Twitter, and even Microsoft, which days before said it will eliminate some jobs.
One of the most recent cases is that of Meta, which on Monday spoke to its employees and told managers to kick out laggards who are “floating” and “failing” the company, as it grapples with slowing growth. income and the growing threat of a recession.
This panorama that many companies are experiencing is being registered even in the smallest companies in the world, which are struggling to see how they survive this new economic crisis caused by the war between Ukraine and Russia.
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