# Alphabet repo

By [RedinboStefania](https://paragraph.com/@etfeth) · 2022-07-15

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Alphabet reported having a headcount of 163,906 employees as of the end of March, according to a regulatory [filing](https://abc.xyz/investor/static/pdf/20220427_alphabet_10Q.pdf?cache=fd1a189), an increase of more than 20,000 staffers from the year prior.

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The Google memo is the latest indication that the once high-flying tech sector is [facing a new reality check](https://www.cnn.com/2022/06/09/tech/tech-downturn/index.html) after having only recently enjoyed a surge in demand from shifting consumer behavior during the pandemic. Spiking inflation levels, rising interest rates and fears of a looming recession have led a slew of tech companies to recently announce that they are slowing hiring or cutting staff.

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A growing number of [tech companies have announced layoffs,](https://www.cnn.com/2022/07/07/tech/tech-layoffs-workers-silicon-valley/index.html) including Netflix and Coinbase. GoPuff, an ultra-fast delivery startup, recently notified investors that it plans to cut 10% of its global workforce and close dozens of its US warehouses. Microsoft also [confirmed earlier this week](https://www.bloomberg.com/news/articles/2022-07-12/microsoft-cuts-jobs-but-plans-increased-headcount-this-year#xj4y7vzkg) that it was cutting a small number of jobs, though it plans to continue hiring.

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*Originally published on [RedinboStefania](https://paragraph.com/@etfeth/alphabet-repo)*