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Google Cutting Up to 50% of Marketing Budget – Search Engine Journal

An inside electronic mail reveals that Google is chopping up to 50% of it’s advertising and marketing funds for the second half of 2020.

The cuts to the advertising and marketing funds might point out that the COVID-19 pandemic is affecting its companies.

This growth comes lower than per week from when Google is scheduled to discuss the primary quarter 2020 monetary outcomes on April 28th.

Cuts and Hiring Freezes in Marketing

In accordance to an electronic mail seen by CNBC, Google is instituting cuts the advertising and marketing funds throughout a spread of Google divisions.

The e-mail acknowledged: