Google announces job cuts

Job cuts are becoming common and now Google is announcing job cuts. Google is cutting about 100 recruiting jobs. This does not bode well as it indicates the rate of hiring is likely to diminish or stop.

The following appeared on the official Google Blog.

Given the state of the economy, we recognized that we needed fewer people focused on hiring.

Our first step to address this was to wind down almost all our contracts with external contractors and vendors providing recruiting services for Google. However, after much consideration, we have with great regret decided that we need to go further and reduce the overall size of our recruiting organization by approximately 100 positions.

We know this change will be very difficult for the people concerned, and we hope that many of them will be able to find new roles at Google. They helped build this company, new hire by new hire, and we are enormously grateful for everything they have done.

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