Current:Home > StocksGoogle is cutting 12,000 jobs, adding to a series of Big Tech layoffs in January -GlobalInvest
Google is cutting 12,000 jobs, adding to a series of Big Tech layoffs in January
View
Date:2025-04-14 04:36:17
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! (56)
Related
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- An unknown culprit has filled in a Chicago neighborhood landmark known as the ‘rat hole’
- Readers' wishes for 2024: TLC for Earth, an end to AIDS, more empathy, less light
- Air pollution and politics pose cross-border challenges in South Asia
- Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
- These home sales in the US hit a nearly three-decade low: How did we get here?
- Parents of Mississippi football player who died sue Rankin County School District
- Palestinian death toll soars past 25,000 in Gaza with no end in sight to Israel-Hamas war
- North Carolina justices rule for restaurants in COVID
- Loewe explores social media and masculinity in Paris fashion show
Ranking
- 2025 'Doomsday Clock': This is how close we are to self
- Kyte Baby company under fire for denying mom's request to work from preemie son's hospital
- Western New Mexico University president defends spending as regents encourage more work abroad
- Two British warships collided in a Middle East port. No one was injured but damaged was sustained
- Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
- Sports Illustrated may be on life support, but let me tell you about its wonderful life
- You Won’t Believe J.Crew’s Valentine’s Day Jewelry Deals, up to 60% off Select Styles
- 13 students reported killed in an elementary school dorm fire in China’s Henan province
Recommendation
Grammy nominee Teddy Swims on love, growth and embracing change
Inside Kylie Jenner and Timothée Chalamet's Very Public Yet Private Romance
Las Vegas Raiders hire Antonio Pierce as head coach following interim gig
North Korea stresses alignment with Russia against US and says Putin could visit at an early date
'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
JetBlue and Spirit Airlines say they will appeal a judge’s ruling that blocked their merger
Las Vegas Raiders hire Antonio Pierce as head coach following interim gig
In small-town Wisconsin, looking for the roots of the modern American conspiracy theory