November 29th, 2024

Google axing 12,000 jobs, as tech industry layoffs widen

By The Associated Press on January 20, 2023.

A person walks by the Google booth at the Las Vegas Convention Center before the start of the CES tech show, Monday, Jan. 2, 2023, in Las Vegas. (AP Photo/John Locher)

LONDON (AP) – Google is laying off 12,000 workers, becoming the latest tech company to trim staff after rapid expansions during the COVID-19 pandemic have worn off.

CEO Sundar Pichai shared the news Friday in an email to staff at the Silicon Valley giant that was also posted on the company’s news blog.

“Over the past two years we’ve seen periods of dramatic growth,” Pichai wrote. “To match and fuel that growth, we hired for a different economic reality than the one we face today.”

He said the layoffs reflect a “rigorous review” carried out by Google of its operations.

The jobs being eliminated “cut across Alphabet, product areas, functions, levels and regions,” Pichai said.

Earlier this week, Microsoft announced 10,000 job cuts, or nearly 5% of its workforce. Amazon is cutting 18,000 jobs and Facebook parent Meta is shedding 11,000 positions.

Share this story:

7
-6

Comments are closed.