Details are rather sparse, but there are already privacy concerns with the public-facing new site, which asks users to sign in with their personal Google account. There have been some speculation (as yet unfounded) that this would allow potential employers to see your entire search history. According to the Daily Mail, Google has denied these claims. We've reached out to Google for comment.
Google isn't the first big company to jump into the job-recruitment arena. Facebook started rolling out support for job listings this past February. Google is facing a pretty crowded market of established players like LinkedIn, Glassdoor and Monster. To succeed, it will need to bring something different and better to the table.
Update: A Google spokesperson emailed the following statement on privacy.
"Google Hire is a product under development that will help G Suite customers manage their hiring process more effectively. The product will allow employers to collect candidate applications online. Only information that a candidate voluntarily provides would be passed to a prospective employer as part of their online application. Private information will not be shared."