Google parent company Alphabet announces nearly 12,000 job cuts worldwide

AFP |
Jan 20, 2023 05:05 PM IST

Google's parent company Alphabet has announced about 12,000 job cuts globally on Friday.

Google's parent company Alphabet announced about 12,000 job cuts globally on Friday, becoming the latest US tech giant to enact large-scale restructuring.

"We've decided to reduce our workforce by approximately 12,000 roles," Alphabet CEO Sundar Pichai said in an email to employees.(AFP File Photo)
"We've decided to reduce our workforce by approximately 12,000 roles," Alphabet CEO Sundar Pichai said in an email to employees.(AFP File Photo)

"We've decided to reduce our workforce by approximately 12,000 roles," Alphabet CEO Sundar Pichai said in an email to employees, adding that the cuts were in response to a changing "economic reality".

The move comes a day after Microsoft said it would reduce staff numbers by 10,000 in the coming months, following similar layoffs by Facebook owner Meta, Amazon and Twitter as the previously unassailable tech sector faces a major economic downturn.

"We've undertaken a rigorous review across product areas and functions to ensure that our people and roles are aligned with our highest priorities as a company," Pichai wrote.

"The roles we're eliminating reflect the outcome of that review.

"The fact that these changes will impact the lives of Googlers weighs heavily on me, and I take full responsibility for the decisions that led us here."

Get latest news onEducation along with updates on Board Exams and Competitive Exams at Hindustan Times. Also get latest Job updates on Employment News.
SHARE THIS ARTICLE ON
SHARE
Story Saved
OPEN APP
×
Saved Articles
Following
My Reads
My Offers
Sign out
New Delhi 0C
Wednesday, March 29, 2023
Start 15 Days Free Trial Subscribe Now
Register Free and get Exciting Deals