Google (NASDAQ:GOOGL) is implementing significant reductions in its global recruiting organization as part of a broader strategy to scale back hiring in the coming quarters. While the company will continue to invest in top engineering and technical talent, it plans to slow down its overall hiring efforts due to a decrease in recruiter requests.
According to Bank of America analysts, this move is seen as a positive development for Google’s profit margins and suggests a conscious effort to manage expenses while aiming to grow revenues more rapidly than costs.
