Current:Home > reviewsGoogle is cutting 12,000 jobs, adding to a series of Big Tech layoffs in January -BeyondProfit Compass
Google is cutting 12,000 jobs, adding to a series of Big Tech layoffs in January
Poinbank Exchange View
Date:2025-04-09 03:07:10
Google is the latest tech giant to announce a massive layoff: the company announced on Friday that it is slashing about 12,000 jobs.
The company already has notified affected employees in the United States, CEO Sundar Pichai wrote in an email to all Google employees. Layoffs will take longer in other countries due to local laws, Pichai said.
The job cuts represent about 6% of Google's global workforce. It is not clear how many of those jobs are in the U.S.
January has been a brutal month for Big Tech workers. Microsoft announced sweeping layoffs Thursday and is cutting 10,000 jobs, or about 5% of its workforce. Amazon and Salesforce announced layoffs earlier this month.
The companies say they hired rapidly during the pandemic and now have to make serious cuts amid an uncertain economy.
"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," wrote Pichai in the email to staff posted online and in a regulatory filing.
The layoffs also come as major tech companies like Google pivot to artificial intelligence. But expanding on early investments comes with "tough choices," Pichai wrote.
The job cuts will hit employees throughout parent company Alphabet and across "product areas, functions, levels and regions," he said.
In addition to cuts at big tech companies, there have been layoffs on Wall Street. Goldman Sachs said it was planning to lay off about 3,200 employees in one of the biggest cuts since the 2008 financial crisis.
veryGood! (7868)
Related
- Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
- Minnesota's new state flag design is finalized
- 1 day after Texas governor signs controversial law, SB4, ACLU files legal challenge
- Chris Christie’s next book, coming in February, asks ‘What Would Reagan Do?’
- Meet first time Grammy nominee Charley Crockett
- Backup QBs are on display all around the NFL as injury-depleted teams push toward the postseason
- 20-year-old wins Miss France beauty pageant with short hair: Why her win sparked debate
- Zac Efron and Lily James on the simple gesture that frames the tragedy of the Von Erich wrestlers
- DoorDash steps up driver ID checks after traffic safety complaints
- Jennifer Love Hewitt hits back at claims she's 'unrecognizable': 'Aging in Hollywood is really hard'
Ranking
- Nearly half of US teens are online ‘constantly,’ Pew report finds
- China’s earthquake survivors endure frigid temperatures and mourn the dead
- Minnesota panel chooses new state flag featuring North Star to replace old flag seen as racist
- Mustafa Ahmed announces benefit concert for Gaza, Sudan with Omar Apollo, Ramy Youssef, more
- Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
- Cameron Diaz Slams Crazy Rumors About Jamie Foxx on Back in Action Set
- Animal cruelty charges spur calls for official’s resignation in Pennsylvania county
- Climate talks call for a transition away from fossil fuels. Is that enough?
Recommendation
The 401(k) millionaires club keeps growing. We'll tell you how to join.
Publishers association struggled to find willing recipient of Freedom to Publish Award
Body found in Kentucky lake by fishermen in 1999 identified as fugitive wanted by FBI
Thailand’s LGBTQ+ community hopeful as marriage equality bill is set to be discussed in Parliament
South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
Khloe Kardashian Is Entering Her Beauty Founder Era With New Fragrance
Climate talks call for a transition away from fossil fuels. Is that enough?
Publishers association struggled to find willing recipient of Freedom to Publish Award