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Google to Slow Hiring for Rest of 2020

bloomberg.com

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Re: Google to Slow Hiring for Rest of 2020

#131

Post by [deleted] »

Analemma_ wrote: post #26
a1pulley wrote: post #21

I’ve been stuck in the final SVP approval part of their hiring process for a week. At this point I think I’m just going to keep my current job. Too bad — seemed like a good time to get equity at a good “strike” price

I think everybody who interviews at Google gets “stuck in the final process for a week”. That’s kinda how they do things. I interviewed there and they rejected me at the final stage after many days of no-communication; but they told me I almost made it, which made me feel good until I talked to other people and found out they say that to everyone. Still: best of luck to you :)

[deleted]

Re: Google to Slow Hiring for Rest of 2020

#132

Post by hobofan »

ronyeh wrote: post #115
sytelus wrote: post #108

Before everyone starts painting bleak picture, reminder: Facebook's Sandberg announced last week or so that they are going to do accelerated hiring spree this year, opening massive 10,000 more positions! Google as well as Facebook both depend on ads so I'm wondering why one is tightening the belt and other is moving full speed on expansion.

A lot of people are on Facebook and Instagram all day, stalking friends because there is not much else to do. There are only so many Google searches I can do in a day. Many of them end on Amazon where I may or may not purchase something.

It doesn't matter much if they spend much time on their platforms now if advertisers stop advertising everywhere.

Re: Google to Slow Hiring for Rest of 2020

#133

Post by joshuamorton »

sytelus wrote: post #98
dodobirdlord wrote: post #94

Earlier quoted context omitted.

At a large technology company with its own software stack it takes several months before a new hire isn’t a net-negative to the team they join. And it will be months after that before they reach full productivity. A bad hire is an extremely expensive mistake.

A bad hires are expensive mistake if you can't get rid of them until some artificial annual event. While I understand onboarding complexities, my experience is that the teams/companies which hasn't create good automated process so new hire can commit their first change within 2-days are big red flag (this was insisted upon by Zuck extensively at Facebook scale). I would also argue that culture of hire/replace team me…

Being able to make a change, and being able to make a change without handholding are two different things.

> hire/replace team members in agile manner would help enforce this process more naturally and vice versa

Places where this happens are normally considered very high stress and competitive.

Re: Google to Slow Hiring for Rest of 2020

#134

Post by sytelus »

0xFFC wrote: post #68
defectbydesign wrote: post #23

How many jobs will go to India?

As third party observer, why this gets downvoted? I’m genuinely asking.

May be you should consider posting some data-driven citation.

AFAIK, jobs have stopped going to India for sometime now. Indian IT companies which relied heavily on offshoring had significant contraction as a result. A lot of modern IT jobs in India are in fact for new startups/companies meant for Indian population itself. Before COVID, India was seeing China like internal uprising with equivalent of many US tech companies poping up all over with jobs that were starting to match US salaries outside of tech hubs. Also, visa process had became unsustainably hard for most companies there so on-shore workforce augmentation sector has been quickly drying up as well.

https://economictimes.indiatimes.com/tech/ites/how-indian-it...

Re: Google to Slow Hiring for Rest of 2020

#135

Post by dehrmann »

kenhwang wrote: post #4
code4tee wrote: post #3

A lot of companies are cutting back big time on advertising spend and that’s Google’s sacred cow of revenue so this isn’t a surprise.

I work in digital advertising. Spend* is up. Companies are diverting their traditional advertising budgets into digital. I'd be surprised if Google is unable to capitalize on this. edit: I want to clarify it's strictly ad spend/booking. It's companies committing budgets. They know they will want to run ads and will run more ads. The ads haven't actually run yet, so ad payouts will tank.

NBC is cutting back on ad slots[1].

> The ad reductions will occur in news programming, late-night NBC and Bravo shows, reality programming, competition shows like America’s Got Talent and other cable originals.

The only reason they're doing this is they don't have enough buyers to fill the slots. Traditional media is great for brand advertising, but it's so hard to show ROI, I can see the wisdom to shifting budget to Facebook and Google.

1: https://www.adweek.com/tv-video/nbcuniversal-will-permanentl...

Re: Google to Slow Hiring for Rest of 2020

#136

Post by zelly »

ibejoeb wrote: post #119
coliveira wrote: post #60

Earlier quoted context omitted.

Google depends on advertisers to make money, and the writing is on the wall for these advertisers.

Call me dumb, but are people not sitting around consuming advertising 10x nowadays? There's never been a better time to get someone's attention.

Most Americans (richest country in the world btw) don't know how they will pay their rent next month or buy food. No one's signing up for a new subscription now lmao.

Re: Google to Slow Hiring for Rest of 2020

#137

Post by cardiffspaceman »

dchyrdvh wrote: post #10
pcurve wrote: post #2

I think... there will still be work. I think it means they will be going heavier on contractors, so they have more 'cushion' to preserve FTE when things unexpectedly go south. At this point, companies simply don't know how the rest of the year will pan out.

I feel so much optimism in your "the rest of the year".

I have been asking my friends to speculate how us pandemic survivors will be different from other people in the future? How we will be characterized in novels? How would Sherlock Holmes distinguish us from the privileged ones who by luck of birth were not involved in the pandemic? Dr. Watson would say, after Holmes spotted the survivor, "If you worked from home for two years, you'd behave that way too."

I always pose this a little more colorfully, but the part that gets the response is the two years.

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