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“In January, Alphabet-owned Google announced it was cutting 12,000 jobs, affecting roughly 6% of the full-time workforce.”

Jennifer Eliascnbc.com ↗

Google cut 12,000 jobs in January and now cuts hundreds more of the people who hire. Alphabet’s second-quarter revenue rose 7%, beating expectations. The recruiters are gone because Google plans to keep hiring slow for several quarters. Fewer recruiters means fewer openings, and that is the real announcement.