Report says Google has eliminated 2,000 contract workers

Google has cut costs by eliminating hiring of more than 2,000 contract and temporary workers, the New York Times reported, as the pandemic has led to a sharp drop in global online advertising revenue. Ruth Porat, Google’s chief financial officer, said last month that the company would slow down hiring this year “because of the depth and uncertainty we face in the global crisis.” As we have stated publicly, we are slowing down recruitment and investment, and as a result we are not hiring more new staff, as planned at the beginning of the year , either full-time or temporary. “

Google has cut costs by eliminating hiring of more than 2,000 contract and temporary workers, the New York Times reported, as the pandemic has led to a sharp drop in global online advertising revenue. Ruth Porat, Google’s chief financial officer, said last month that the company would slow down hiring this year “because of the depth and uncertainty we face in the global crisis.” “

Report says Google has eliminated 2,000 contract workers

The 2,000 contract jobs were supposed to be spread around the world, but they represent only a small fraction of Google’s workforce. The company also reportedly has more than 130,000 contract workers on top of its 123,000 full-time employees.

Earlier, the slowdown in the advertising market was the main reason for the drop in hiring, while the online advertising market was Google’s cash cow, and Google’s advertising revenue grew year-on-year in the first quarter, but at a slower pace.

These canceled jobs pose a bigger problem for the unemployed, who previously accepted Google contracts and whose employees usually had full-time jobs before, because many of them left voluntarily, so they may not be eligible for unemployment benefits.