Google’s Big Earnings Takeaways: AI, Google Cloud Profit, Hiring
From Google Cloud turning a profit for the first time to Google’s hiring outlook in 2023 and bold artificial intelligent vision, CRN breaks down the six biggest takeaways from Google’s first quarter 2023 financial earnings report.
Google’s Headcount Surged Despite Recent Layoffs
As of March 31, 2023, Google’s total headcount is 190,711.
In March 2022, the company’s headcount was 163,906—about 26,800 less than in March 2023.
In January, Google parent company Alphabet announced it would be laying off 12,000 employees.
Google’s current headcount of 190,711 employees includes “almost all of the employees affected by the reduction” of 12,000 employees. Google expects most of those employees affected will no longer be reflected in its headcount by the end of the second quarter of 2023.
Google’s CFO said her company is “meaningfully slowing the pace of hiring in 2023, while still investing in priority areas, particularly for top engineering and technical talent.”
The Takeaway: Google’s headcount is significantly larger in 2023 compared to 2022 even after axing 12,000 employees this year. These numbers, as well as Google’s pledge to continue hiring top technical talent, bodes very well for Google Cloud.