Visit Our Sponsors |
Google’s parent company is to cut 12,000 jobs worldwide as it becomes the latest large U.S. tech firm to reduce its workforce after a pandemic-related hiring boom.
The Guardian reports Alphabet’s chief executive, Sundar Pichai, said the layoffs followed a “rigorous review” of the business. The cuts come days after Microsoft said it would cut 10,000 jobs, citing a shift in digital spending habits and weakness in the global economy.
Pichai announced the redundancies, affecting about 6% of Alphabet’s 187,000-strong workforce, in an email to Google staff. Echoing recent statements by the company’s U.S. peers, he indicated the business had over-expanded during the height of the pandemic, when demand for digital services and products boomed.
Read more: Microsoft to Cut 10,000 Jobs in March as Tech Firms, Including Amazon, Thin Ranks
Other job cuts in the U.S. tech industry in recent months include 18,000 redundancies at Amazon, 11,000 at the Facebook owner, Meta, and 8,000 at the business software company Salesforce.
Tech firms laid off more than 150,000 workers globally in 2022, according to the website Layoffs.fyi, with a further 38,800 layoffs already announced in 2023.
RELATED CONTENT
RELATED VIDEOS
Timely, incisive articles delivered directly to your inbox.