Google will Reduce spending due to a Reduction in Advertising Revenue.

The company canceled more than 2000 contract and temporary worker jobs 

These employees will not get the benefit of unemployment allowance and new facilities. 

⇛Due to the decline in the number of advertisements due to the Corona epidemic, the giant tech company Google has canceled more than 2000 posts of contract and temporary workers. According to a New York Times report, the company has decided to cut its spending, Due to this, Google has canceled the contract of more than 2000 contract workers.

⇛Google's Chief Financial Officer Ruth Porat said that this year the company has kept the hiring speed lower than last year. The company employs about 1.30 lacks contract workers globally. In such a situation, canceling 2000 posts from Google is a small part. The advertising industry has been badly affected by the COVID 19 epidemic. The revenue received by Google from advertising is increasing year after year. However, its growth rate is slow this year.