Google's Parent Company Stock Plummets; Employee Growth Since 2017

Monavia Ayu Rizaty 10/05/2022 14:30 WIB

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Google's parent company, Alphabet Inc., employed 156,500 people in 2021.

Number of Alphabet Inc. Employees (2017-2021)

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Google's Parent Company Stock Plummets; Employee Growth Since 2017

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Number of Alphabet Inc. Employees (2017-2021)

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Alphabet Inc., Google's parent company, fell 2.8% in trading on Monday (May 9, 2022).

According to Google Finance data, over the past six months, Alphabet's stock has plummeted by 22.88%.

Before its decline, Alphabet's employee count had steadily grown each year since 2017, as shown in the graph.

In 2021, Google's parent company had 156,500 employees, a 15.67% increase compared to the previous year.

Alphabet's revenue in 2021 also increased by 41% to US$257.63 billion, compared to US$182.52 billion in the previous year.

Despite its strong financial performance, Wedbush Securities Director Dan Ives believes that tech stock investors are currently plagued by many concerns, one of which is the high inflation currently affecting the US.

“Today's market volatility is driven by uncertainty about future inflation levels and the actions the Fed will take to curb rising prices,” said Dan Ives, as reported by *The Washington Post* on Monday (May 9, 2022).

(See also: Meta Platforms Inc. Employee Count Increased by 22.81% in 2021)

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."