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It's briefly mentioned in the article, but Google actually shed jobs during the financial crisis. Facebook is the company that ramped up hiring newly available
by the_watcher 6y ago
It's briefly mentioned in the article, but Google actually shed jobs during the financial crisis. Facebook is the company that ramped up hiring newly available talent.
- xxpor 6y agoThrough layoffs or attrition though?
- topher200 6y agoAttrition
- magicalist 6y ago> Facebook is the company that ramped up hiring newly available talent. Yeah but they were like 500 employees back then, so only really significant as relative growth.
- nostrademons 6y agoEric Schmidt says that's the worst mistake he made as CEO of Google, though. They were well-positioned to clean up all the good engineers in Silicon Valley (lots of cash, solid business) and instead Facebook catalyzed their growth. I think they haven't forgotten, and that's why this isn't a blanket hiring freeze, it's them getting more selective. (Technically, '09 wasn't a hiring freeze either: I was hired in Jan 2009. My Noogler class had 13 people hired across all of Google for the 3 weeks it covered, and half of them had received their offers in July '08 - so effectively it was a hiring freeze.)