Alphabet CFO: Investors shouldn't expect hiring to ramp up anytime soon

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googlemorganstanley100xx1435 1437 1331 346.jpg
googlemorganstanley100xx1435 1437 1331 346.jpg

After going on a hiring binge, Google LLC parent company Alphabet Inc. has slammed the brakes on its workforce growth.

The internet giant added a net 3,455 people in the fourth quarter, Chief Financial Officer Ruth Porat said Feb. 2 on a conference call following the company’s earnings report for the period. That was the least number of people it had added to its workforce since the fourth quarter of 2020 and was down 73% from the 12,765 it added in last year’s third quarter.

Investors shouldn’t…

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Abraham
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