Google and Microsoft retrench as recession looms ...News

Economy by : (Russia Today) -
Google plans to slow hiring for the coming year, while Microsoft has laid off a number of workers Google and Microsoft are cutting back on new hires as the inflation-plagued US economy threatens to tip into a full-on recession. Google CEO Sundar Pichai announced in a staff email on Tuesday that hiring would slow for the remainder of the year, while Microsoft laid workers off across multiple divisions and offices on Monday, even as the company insisted it would boost headcount over the next year. Pichai specifically cited the threat of economic recession in his email to Google staff, as cited by the media, explaini

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