Google and Facebook slow hiring, start layoffs as economic pressure mounts

Facebook, which is down 40% this year, told its employees in May that it would freeze hiring, according to The Washington Post. — Reuters

LONDON: Google CEO Sundar Pichai said in an email to staff this week that the company plans to slow hiring for the rest of the year, according to Bloomberg.

He added that it will focus on hiring engineering, technical and "other critical roles" in 2022 and 2023.