Alphabet to ‘Meaningfully’ Reduce Hiring Pace This Year
Ruth Porat
Photographer: David Paul Morris/BloombergThis article is for subscribers only.
Alphabet Inc. will “meaningfully” slow its pace of hiring in 2023, Chief Financial Officer Ruth Porat said.
The severance charge for the job cuts will range from $1.9 billion to $2.3 billion and will be reflected in this quarter’s results, Porat said on the company’s earnings call Thursday.