Google parent Alphabet has become the latest U.S. tech giant to make deep staff cuts. The company is planning to axe 12,000 staff after a “rigorous review” of the business, according to a blog post from Google and Alphabet CEO Sundar Pichai.
This represents about 6% of its global workforce. Just this week, Microsoft revealed it was eliminating 10,000 roles, while Facebook parent Meta is in the process of downsizing, Amazon is cutting 18,000 staff globally and Twitter has halved its numbers since Elon Musk became its owner.
In an email to staff sent today, Pichai took responsibilities for the cuts. “Over the past two years we’ve seen periods of dramatic growth.
To match and fuel that growth, we hired for a different economic reality than the one we face today,” he wrote. “I am confident about the huge opportunity in front of us thanks to the strength of our mission, the value of our products and services, and our early investments in AI.
Read more on deadline.com
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