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Alphabet CEO Announced a Slowdown in Hiring for 2020
Summary: In a memo from Alphabet’s CEO, Sundar Pichai, he claimed that the company was to “significantly slow down the pace of hiring,” Bloomberg reported on April 15.
In a memo from Alphabet’s CEO, Sundar Pichai, he claimed that the company was to “significantly slow down the pace of hiring,” Bloomberg reported on April 15.
The stock price of Alphabet, Google’s parent company, dropped by 1.4% today, April 20, despite its general rising trend since the beginning of the month. Recently, words have been spreading that Google is developing its own smart payments card to support the Google Pay app, which will compete with Apple’s Apple Pay and the Apple Card, launched last year.
Google’s smart debit card can manage risks more accurately than traditional financial institutions, thanks to its access to massive data, according to a report on the TechCrunch. The card can also attract more sources of revenue and data to Google.
By Dawn Wu
(image from Wikipedia Commons)
Tags: Alphabet,Google
Link: Alphabet CEO Announced a Slowdown in Hiring for 2020 [Copy]
