Google's Parent Company To Lay Off 12,000 Employees
Along with firms from the cryptocurrency space, even companies from the traditional technology industry have been laying off employees. A day back, Microsoft revealed that it was firing 10,000 employees. Prior to that, other prominent names including BlackRock, Amazon, and Meta also announced similar moves. Now, a new tech giant has joined the list. Google’s parent company, Alphabet Inc., revealed on Friday that it will slash down around 12,000 jobs. Notably, the lay-off accounts for 6% of its global workforce. JUST IN: Google $GOOGL to fire 12,000 employees. — Watcher.Guru (@WatcherGuru) January 20, 2023 Also Read: Amazon Layoffs To Affect 17,000 Employees Google to reengineer its cost base In an email sent to employees, Chief Executive Officer Sundar Pichai said that the cuts will affect jobs globally and across the entire company. Pichai noted, that he took “full responsibility” for the decisions that led the company to this point...