Seems like some layoffs too, https://twitter.com/whyhiannabelle/status/122810842950535168...
In the cloud business, based on the tweet
Yes. If you search at Bind, seems like some in marketing too.
Google to Slow Hiring for Rest of 2020
181–190 of 305 posts
Re: Google to Slow Hiring for Rest of 2020
#182So years ago this came up with Eric Schmidt, who was CEO of Google through the GFC. After 2007, Google had selective layoffs (probably not in engineering) and slowed hiring. They also paused construction projects in Mountain View and probably elsewhere. Eric said when asked about it that it was a mistake. He said that if Google was healthy there was no need to have a kneejerk reaction to the slowdown. And this caused…
Your sole view is not the final authority on what's right for a company. Google has done many things right while growing to this size. It still retains top talent something that other big companies struggle with. And yes I'll just wait for HNers who are disgruntled about being rejected downvote me. But the truth is 99% of the people will take a job at Google in a jiffy. I'm also proud of the response and employee support amidst Covid-19. Look at Amazon on the other hand. Google is going to be just fine.
Re: Google to Slow Hiring for Rest of 2020
#183Maybe the travel, restaurant etc industries have stopped paying for clicks so Google gets less cash? My work cut down on PPC by a lot and we spent a lot of money on it.
One color I would add - hearing the tax season deadline moving to July drastically reduced the ad spend from tax filing software services companies. Of course, ad spend is also just down overall.
Re: Google to Slow Hiring for Rest of 2020
#184Maybe the travel, restaurant etc industries have stopped paying for clicks so Google gets less cash? My work cut down on PPC by a lot and we spent a lot of money on it.
So what? They have enough money to last trough years of economic depression. Long term plans might be as important as short term plans, or more important.
They don't send a good signal to investors.
Micromanaging makes sense when you are in deep trouble - see LA Times. Is Google in trouble? I believe not. Yet they send the message they are in trouble.
Re: Google to Slow Hiring for Rest of 2020
#185Before 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...
Facebook runs a lot more political ads than Google and it’s commercial ads that are halting.
Re: Google to Slow Hiring for Rest of 2020
#186So years ago this came up with Eric Schmidt, who was CEO of Google through the GFC. After 2007, Google had selective layoffs (probably not in engineering) and slowed hiring. They also paused construction projects in Mountain View and probably elsewhere. Eric said when asked about it that it was a mistake. He said that if Google was healthy there was no need to have a kneejerk reaction to the slowdown. And this caused…
your "ideal" of 7 seems invariant of size. surely the needs of the average ~x000 person company are completely different from Google.
Re: Google to Slow Hiring for Rest of 2020
#187Earlier quoted context omitted.
Those Americans have just received $2900 for the family of 3.
If they're unemployed now, but made above a certain amount of money in 2019, they may have actually received nothing . Also, if they're unemployed because of this and just received $2900, the wise move would be to save that money for essentials, not new subscriptions.
Yeah, if they, as a family, made $198K last year and filed jointly then they won't get a check. But I think you'll agree that it'd be ridiculous to shovel money to families making $200K+ a year. For single earners the cutoff is 99K.
Lower-income Twitter is jubilant at this development, BTW. Something they'll remember in November for sure. And the check is not conditioned on whether you're still employed (which most people are).
TL;DR: a lot of people who are still working are getting what to them is a substantial amount of money. They'll be spending it.
Re: Google to Slow Hiring for Rest of 2020
#188Earlier quoted context omitted.
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...
Facebook runs a lot more political ads than Google and it’s commercial ads that are halting.
Political ads make up a small fraction of overall ad spend though.
Re: Google to Slow Hiring for Rest of 2020
#189Earlier quoted context omitted.
It doesn't matter much if they spend much time on their platforms now if advertisers stop advertising everywhere.
Exactly right. For example, many media organizations right now are reporting record traffic numbers, but are struggling to make ends meet as advertisers pull out.
Is there actually any numbers people can point towards?
I’ve read similar comments over different forum postings about advertisers tending to cut advertising during times like these to help their financials. And it makes sense to me. But now I’m sitting here, just wondering if anyone has actually looked at numbers during other financial downturns. Or is it just some catching conversation that’s been kicking off....maybe I need to go outside and smell some fresh air.
Re: Google to Slow Hiring for Rest of 2020
#190Seems like some layoffs too, https://twitter.com/whyhiannabelle/status/122810842950535168...
This tweet is from February, is unrelated to this story and was heavily discussed at the time.