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Alphabet to slow hiring in second half of 2022

Alphabet is the latest company to cut its hiring plans as decades-high inflation and the fallout from the Ukraine crisis pressure businesses
Alphabet is the latest company to cut its hiring plans as decades-high inflation and the fallout from the Ukraine crisis pressure businesses

Alphabet said today it would slow the pace of hiring for the rest of the year, the latest company to make such a move as decades-high inflation and the fallout from the Ukraine crisis pressure businesses.

The announcement aligns the parent of search giant Google with other major tech companies including Uber Technologies and Twitter and comes a day after Microsoft said it would eliminate some positions.

"Like all companies, we're not immune to economic headwinds," Alphabet said in a regulatory filing.

Hiring efforts will be focused towards engineering and technical roles, it said.