“It’s not something that was an easy decision to make, and it definitely isn’t a conversation any of us wanted to have again this year,” Ong said. “Given the base of hiring that we’ve received the next several quarters, it’s the right thing to do overall.”
https://www.cnbc.com/2023/09/13/google-is-cutting-hundreds-of-jobs-in-its-recruiting-organization.html
There are a bunch of former Google HR employees working at the Kwik-E-Mart with Apu and Sunjay
If you think it will stop with recruiters, you should think twice. Several divisions are not profitable and not aligned with the AI competition. If the division is not profitable and it is not receiving new investments then be prepared, because they will be the next. Nov/December are the months they might decide who will let go this time.
Sounds like more offerings being laid at the altar of Wall Street. Probably a precursor to more layoffs and the frequently related multi-billion dollar stock buyback to help meet that all-important EPS target. Good luck everyone.
Bad indicator though that another set of broader layoffs may be coming. No proof of this, just seems like a bad indicator to me.
If you ask me, that's the easiest decision to make.