CEO Sundar Pichai, in an internal memo described Google layoffs and hinted at the possibility of further downsizing later this year.
The announcement sent ripples through the tech industry, leaving employees and industry observers on edge.
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Google Layoff Numbers
Google parent Alphabet is set to cut approximately 12,000 jobs, equating to around six percent of its global workforce.
Pichai, expressing remorse, apologized to those affected, labeling the decision as a “difficult” but necessary step to position the company for future challenges. Taking “full responsibility” for the outcome, Pichai acknowledged that the hiring spree in recent years did not align with the current economic reality.
Global Impact and Industry-Wide Trend
The impact of these layoffs will reverberate globally and across all facets of the company.
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