Key takeaways:
- Google announced it will lay off 12,000 workers, or 6% of its workforce.
- This is one of the biggest rounds of layoffs ever for the company.
- The news of the layoffs comes as other tech companies have also begun to cut back on staff.
Google, one of the world’s leading technology companies, announced on Friday that it will be laying off 12,000 workers, or 6% of its workforce. This news comes as the economic boom that the industry experienced during the COVID-19 pandemic begins to slow.
The announcement was made by Google CEO Sundar Pichai in an email to staff that was also posted on the company’s news blog. This is one of the biggest rounds of layoffs ever for the company, and adds to the tens of thousands of job losses recently announced by other tech companies such as Microsoft, Amazon, and Facebook parent Meta.
The layoffs represent 6% of Alphabet’s workforce, which numbered 186,000 in September. Pichai said in his email that the company had hired for a different economic reality than the one they face today.
The news of the layoffs comes as other tech companies have also begun to cut back on staff. Microsoft, Amazon, and Facebook parent Meta have all announced layoffs in recent months.
The tech industry has been hit hard by the economic downturn caused by the pandemic. Companies have had to adjust to the new economic reality, and many have had to make difficult decisions about their workforce.
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