Current:Home > ScamsGoogle is cutting 12,000 jobs, adding to a series of Big Tech layoffs in January -Wealth Axis Pro
Google is cutting 12,000 jobs, adding to a series of Big Tech layoffs in January
View
Date:2025-04-18 00:30:03
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! (71)
Related
- NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
- Looking for Amazon alternatives for ethical shopping? Here are some ideas
- Al Pacino and More Famous Men Who Had Children Later in Life
- Ecuador’s High Court Affirms Constitutional Protections for the Rights of Nature in a Landmark Decision
- Could your smelly farts help science?
- Mung bean omelet, anyone? Sky high egg prices crack open market for alternatives
- Trump’s Interior Department Pressures Employees to Approve Seismic Testing in ANWR
- A Complete Timeline of Teresa Giudice's Feud With the Gorgas and Where Their RHONJ Costars Stand
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- The Senate's Ticketmaster hearing featured plenty of Taylor Swift puns and protesters
Ranking
- 'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
- Microsoft applications like Outlook and Teams were down for thousands of users
- Exxon Turns to Academia to Try to Discredit Harvard Research
- Warming Trends: Increasing Heat is Dangerous for Pilgrims, Climate Warnings Painted on Seaweed and Many Plots a Global Forest Make
- DoorDash steps up driver ID checks after traffic safety complaints
- Historic floodwaters begin to recede as Vermont dam stabilizes after nearing capacity
- Charles Ponzi's scheme
- This AI expert has 90 days to find a job — or leave the U.S.
Recommendation
Senate begins final push to expand Social Security benefits for millions of people
Warming Trends: Stories of a Warming Sea, Spotless Dragonflies and Bad News for Shark Week
How Capturing Floodwaters Can Reduce Flooding and Combat Drought
Florida Power CEO implicated in scandals abruptly steps down
'Malcolm in the Middle’ to return with new episodes featuring Frankie Muniz
The U.S. economy ended 2022 on a high note. This year is looking different
Meta allows Donald Trump back on Facebook and Instagram
Tom Brady, Justin Timberlake and More Stars Celebrate Father's Day 2023