Current:Home > ScamsGoogle is cutting 12,000 jobs, adding to a series of Big Tech layoffs in January -AssetVision
Google is cutting 12,000 jobs, adding to a series of Big Tech layoffs in January
View
Date:2025-04-13 17:40:20
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! (939)
Related
- Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
- MLB power rankings: Braves and Mets to sprint for playoff lives in NL wild card race
- Selena Gomez Says She Can't Carry Her Own Children Amid Health Journey
- Puka Nacua leaves Los Angeles Rams' loss to Detroit Lions with knee injury
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Bruce Springsteen’s Wife Patti Scialfa Shares Blood Cancer Diagnosis
- Caleb Williams has forgettable NFL debut with Chicago Bears – except for the end result
- How to cope after a beloved pet crosses the rainbow bridge | The Excerpt
- Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
- 'Perfect Couple' stars Nicole Kidman, Liev Schreiber talk shocking finale
Ranking
- 'Survivor' 47 finale, part one recap: 2 players were sent home. Who's left in the game?
- Calais Campbell says he was handcuffed, trying to defuse Tyreek Hill detainment
- Takeaways from AP’s report on how Duck Valley Indian Reservation’s water and soil is contaminated
- 2024 CMA Awards: Beyoncé’s Cowboy Carter Album Shut Out of Nominations
- The White House is cracking down on overdraft fees
- Ryan Blaney surges in NASCAR playoff standings, Kyle Larson takes a tumble after Atlanta
- Officer put on leave in incident with Tyreek Hill, who says he's unsure why he was detained
- California's Line Fire grows due to high temperatures, forces evacuations: See map
Recommendation
California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
Horoscopes Today, September 9, 2024
Two workers die after being trapped inside a South Dakota farm silo
Hilfiger goes full nautical for Fashion Week, with runway show on former Staten Island Ferry boat
Angelina Jolie nearly fainted making Maria Callas movie: 'My body wasn’t strong enough'
NFL Week 2 injury report: Puka Nacua, Jordan Love top the list after Week 1
Jailed Harvey Weinstein taken to NYC hospital for emergency heart surgery, his representatives say
Missing California woman found alive after 12 days in the wilderness