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Google to Slow Hiring for Rest of 2020

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Re: Google to Slow Hiring for Rest of 2020

#161

Post by Abishek_Muthian »

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.

Besides New Hiring, I would be impressed if large companies honour their existing job offers; Which IT services firms which does bulk recruiting in India seem to be doing.

IT firms such as TCS (30,000 recruits this financial year), Wipro (12,000), Cognizant (20,000) and Capgemini (10,000 over January-June) say they are sticking by their offer letters[1].

I've personally witnessed jobs from these companies lift several out of poverty in India (Most of them being the first graduate in their family).

But, obviously those who pass out this year especially the Engineering freshers are going to be the worst hit.

[1]https://timesofindia.indiatimes.com/business/india-business/...

Re: Google to Slow Hiring for Rest of 2020

#163

Post by autokad »

godzillabrennus wrote: post #147
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.

I don’t understand it either. Facebook may well be the worlds most powerful sentiment capture and analysis engine ever built but Google tracks conversions and has pretty stellar sentiment capture/analysis capabilities. Google appears to also have twice as much cash on hand as Facebook. Wonder what they’ll use it for if not to hire competent people to prevent them from starting the next big thing...

its got me baffled. I wonder if this changed consumer behavior in such a way that it benefits facebook ads and detracts from google. I dont understand it, but it appears to be the message we are seeing

Re: Google to Slow Hiring for Rest of 2020

#164

Post by joshuamorton »

illumin8 wrote: post #65
formercoder wrote: post #59

Earlier quoted context omitted.

I was rejected by an SVP at Google. Recruiter was surprised but said it happens. Said I did a good job and could pick a different role (wasn’t for SWE), got the offer the second time around but had to start all over and got passed to a new recruiter.

How does that happen? The way interviewing should work is that every person that interviewed you should vote, and if its unanimous that you should be hired, then some SVP a few levels up decided to veto it, I'd be livid if I was a hiring manager.

For many (although not all) people being hired at Google, the SVP approval process happens before you're matched with a manager. The SVP approves you to work in their PA, and then you're matched with a manager within the PA.

Re: Google to Slow Hiring for Rest of 2020

#165

Post by m0zg »

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.

Should be easier for FB and Amazon to fill those positions now that Google is not sucking as much air from the atmosphere. I think Google may come to regret its decision for this reason. Part of the reason for these companies to hire is "area denial": the employee is not only hired to do great things, but also to prevent them from doing great things for a competitor. If you stop hiring, you allow a lower-paying competitor like Amazon or Microsoft to scoop up the engineers that would previously be inaccessible to them.

Re: Google to Slow Hiring for Rest of 2020

#166

Post by m0zg »

zelly wrote: post #136
ibejoeb wrote: post #119

Earlier quoted context omitted.

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.

Those Americans have just received $2900 for the family of 3.

Re: Google to Slow Hiring for Rest of 2020

#167

Post by dannyw »

Insanity wrote: post #157
ronyeh wrote: post #115

Earlier quoted context omitted.

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.

But YouTube traffic must have increased, and Android app usage as well.. Google is more than a search engine

YouTube is maybe... Facebook, Instagram, and WhatsApp... is >90% of Facebook.

Re: Google to Slow Hiring for Rest of 2020

#169

Post by fuckface123 »

Nicksil wrote: post #82
9nGQluzmnq3M wrote: post #50

Earlier quoted context omitted.

The bullet of getting hired by a company with famously large margins and a huge pile of cash? I could think of worse places to be during this crisis.

Is it surprising that some people may value things other than just money? Of course there are people who would decide against an opportunity to go work for Google, FaceBook, Twitter, et al. I like to think there are more than a few, but I've no sources to backup any assertions right now.

Yes

Re: Google to Slow Hiring for Rest of 2020

#170

Post by pishpash »

sytelus wrote: post #120
hn_throwaway_99 wrote: post #8

Earlier quoted context omitted.

That is totally not true across the board. I know for a fact that at one point the big online travel sites (booking.com, expedia.com) were some of the largest buyers of adwords among any companies. Can guarantee that is not happening now. I would guess spend is up only among companies that still have robust revenue. Tons of sectors have essentially been frozen for the time being.

If I was running travel business, I would be selling 20-50% off coupons set to expire in December, 2022. This does reduce future revenue but will at least normalize the hole today a little bit. I know many people would jump on deals like this.

I like the idea of futures on everything.
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