Google is pushing ahead with its hiring slowdown, with hiring activity suspended completely for two weeks, according to media reports. Google said a week ago that it plans to slow down the pace of hiring for the rest of the year in the face of a potential recession.
A memo to employees says the entire hiring campaign will be on a two-week hiatus, according to the report. The company is not canceling offers already made, but no new offers will be made until hiring is suspended.
Google parent company Alphabet is scheduled to report earnings next Tuesday after the close of trading. The current market consensus expects earnings of $1.30 per share on revenue of $70.25 billion.
