Google lay off 12,000 of its employees
Google lay off 12,000 of its employees. Google CEO, Sundar Pichai shared the announcement of the termination of employment on Friday (20/1/2023) via email to his staff.
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Google lay off 12,000 of its employees |
“Over the last two years we have seen a period of dramatic growth. To match and drive that growth, we are facing an economic reality that is different from the one we are currently facing,” said Pichai.
Pichai said the layoffs were subject to a "rigorous review" conducted by Google of its operations. "The jobs that were eliminated covered Alphabet, product areas, functions, levels and regions," Pichai said.
Other technology companies have also cut jobs amid concerns about an economic slowdown. Earlier this month, Amazon and software maker Salesforce announced major layoffs.
Amazon will cut about 18,000 job positions. This is the largest series of layoffs in the company's history.
Meanwhile, Facebook's parent company, Meta, lay off 11,000 people, or around 13 percent of its total workforce. Earlier this week, Microsoft laid off 10,000 employees or nearly 5 percent of its total workforce.
