Amid a wave of layoffs at the tech giants, Google’s parent company Alphabet Corporation announced on Friday a global plan to cut 12,000 jobs as part of a large-scale restructuring.
“We have decided to cut our workforce by approximately 12,000 jobs,” Alphabet CEO Sundar Pichai said in an email sent to workers in which he specified that this cut is a response to “a different economic reality than the one that let’s face it today.”
This layoff process was announced just days after its competitor Microsoft Corp cut 10,000 jobs, about 5% of its workforce.
Tech companies are still plunged into one of the worst crises in their history, as Amazon communicated to its workers a new round of cuts.
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Linda Price is a tech expert at News Rebeat. With a deep understanding of the latest developments in the world of technology and a passion for innovation, Linda provides insightful and informative coverage of the cutting-edge advancements shaping our world.