Google slows hiring

Google CEO Sundar Pichai told employees that hiring will slow down for the rest of the year. The search giant became the latest tech company to cut hiring or lay off staff. He said Google hired about 10,000 new employees in the second quarter, with many more coming this quarter. “In the future, we need to be more enterprising, to work with greater urgency, sharper focus and greater desire than before when the economy was better,” Pichai wrote in an email. “In some cases, that means consolidating where investments overlap and streamlining processes. In other cases, it means pausing deployments and redeploying resources to higher priority areas.”

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