Google to cut 12,000 jobs: Positions and geographies likely to be impacted – Times of India
Google-parent Alphabet Inc is cutting jobs, CEO Sundar Pichai said in a staff memo. Google said that it will cut about 12,000 jobs, more than 6% of its global workforce. The job losses will affect teams across the company including recruiting and corporate functions, as well as some engineering and products teams. The layoffs are global and will impact US employees immediately, Google said as per a report in Bloomberg which first broke the story.
In the email to staff, Pichai said the company would “sharpen our focus, reengineer our cost base, and direct our talent and capital to our highest priorities. He said that he takes “full responsibility for the decisions that led us here.” “These are important moments to sharpen our focus, reengineer our cost base, and direct our talent and capital to our highest priorities,” Pichai wrote in the email.
Talking about the future, he said the company has a “substantial opportunity in front of us” with artificial intelligence, a key investment area where Google is facing a surge in recent competition.
Job cuts at all tech majors
Job cuts at Google come amid global economic uncertainty. Google peers and rivals Microsoft, Facebook parent Meta and Amazon too have announced job cuts running in thousands. Job cuts at all these companies too run into thousands and will affect operations globally.
Earlier this week, Microsoft said that it would lay off 10,000 workers. Meta was the first to announce job cuts in November 2022. The company cut 11,000 jobs. Amazon followed a few days later with CEO Andy Jassy writing to staff that the company will have to cut jobs. His memo to employees didn’t have a number, but it did say that the job cuts will spill over to the year 2023. Earlier this month, there were reports that Amazon has cut 18,000 jobs and that the number may go up further.
In the email to staff, Pichai said the company would “sharpen our focus, reengineer our cost base, and direct our talent and capital to our highest priorities. He said that he takes “full responsibility for the decisions that led us here.” “These are important moments to sharpen our focus, reengineer our cost base, and direct our talent and capital to our highest priorities,” Pichai wrote in the email.
Talking about the future, he said the company has a “substantial opportunity in front of us” with artificial intelligence, a key investment area where Google is facing a surge in recent competition.
Job cuts at all tech majors
Job cuts at Google come amid global economic uncertainty. Google peers and rivals Microsoft, Facebook parent Meta and Amazon too have announced job cuts running in thousands. Job cuts at all these companies too run into thousands and will affect operations globally.
Earlier this week, Microsoft said that it would lay off 10,000 workers. Meta was the first to announce job cuts in November 2022. The company cut 11,000 jobs. Amazon followed a few days later with CEO Andy Jassy writing to staff that the company will have to cut jobs. His memo to employees didn’t have a number, but it did say that the job cuts will spill over to the year 2023. Earlier this month, there were reports that Amazon has cut 18,000 jobs and that the number may go up further.
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