Prominent Company Sacks 12,000 Workers

Prominent Company Sacks 12,000 Workers

Alphabet, Google’s parent company, announced Friday that it will cut approximately 12,000 jobs globally, citing a changing economic reality as it became the latest US tech titan to implement large-scale restructuring.

The layoffs come a day after Microsoft announced that it would cut 10,000 jobs in the coming months, following similar cuts by Facebook owner Meta, Amazon, and Twitter as the tech sector braces for a downturn.

The layoffs come after a massive hiring spree during the height of the coronavirus pandemic, when businesses scrambled to meet demand as people went online for work, school, and entertainment.

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“Over the past two years we’ve seen periods of dramatic growth,” Alphabet CEO Sundar Pichai said in an email to employees.

“To match and fuel that growth, we hired for a different economic reality than the one we face today.”

Pichai stated that a review is underway to ensure that people and their roles are in line with the company’s priorities, and that the workforce would be reduced by approximately 12,000 positions.

At the end of September 2022, Alphabet employed nearly 187,000 people worldwide. The layoffs amount to slightly more than 6% of the company’s total workforce.

The cuts will be “across departments, functions, levels of responsibility and regions,” Pichai added.

“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.”

Pichai said that the cuts would “sharpen our focus” on priorities including artificial intelligence.

“Being constrained in some areas allows us to bet big on others,” he said.

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