CNN BUSINESS | Google becomes the latest tech giant to slow hiring

(CNN Business) – Google plans to slow its pace of hiring for the remainder of the year in the latest sign of tech companies rethinking staffing amid a market downturn that has hit Silicon Valley particularly hard.

Sundar Pichai, CEO of Google and parent company Alphabet, announced the news on Tuesday in an internal memo, noting “the uncertain global economic outlook.” Google confirmed the authenticity of the letter to CNN Business, but declined to comment further.  –read more–