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Google Layoffs: Google Announces 12,000 Job Cuts

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Google layoffs: The job cuts affect teams across the company including recruiting and some corporate functions as well as some engineering and product teams.
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In the latest layoff to shake the technology sector, Google parent Alphabet Inc will eliminate about 12,000 jobs, or 6% of its workforce, the company said on Friday.
Alphabet CEO Sundar Pichai said in a staff memo shared with Reuters that the company has grown its workforce in recent years “rapidly to a different economic reality than the one we face today”. Is.”

Rival Microsoft Corp said the cuts would lead to 10,000 job cuts.

Alphabet’s job losses affect teams across the company, including recruiting and some corporate functions as well as some engineering and product teams.

The layoffs are global and affect American workers immediately.

The memo said Alphabet has already emailed affected employees, while in other countries the process will take longer due to local employment laws and practices.

The news comes during a period of economic uncertainty as well as technological promise, with Google and Microsoft investing in a growing field of software known as generative artificial intelligence. “Thanks to the strength of our mission, the value of our products and services, and our early investments in AI, I believe there is a huge opportunity ahead of us,” Pichai said in the note.

Google Layoffs: Google Announces 12,000 Job Cuts

READ MORE : Microsoft Laysoff: Microsoft laid off 10,000 employees, information given in regulatory filing