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Alphabet to slow hiring because of coronavirus

Alphabet Inc. said late Wednesday that it planned to slow down its hiring for the remainder of 2020 due to the COVID-19 pandemic. Alphabet class A shares ticked down 0.3% in the extended session. "We'll be slowing down the pace of hiring, while maintaining momentum in a small number of strategic areas, and onboarding the many people who've been hired but haven't started yet," the company said in a statement. Read More...

Alphabet Inc. said late Wednesday that it planned to slow down its hiring for the remainder of 2020 due to the COVID-19 pandemic. Alphabet class A shares ticked down 0.3% in the extended session. “We’ll be slowing down the pace of hiring, while maintaining momentum in a small number of strategic areas, and onboarding the many people who’ve been hired but haven’t started yet,” the company said in a statement.

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