Current:Home > ScamsGoogle is cutting 12,000 jobs, adding to a series of Big Tech layoffs in January -Achieve Wealth Network
Google is cutting 12,000 jobs, adding to a series of Big Tech layoffs in January
View
Date:2025-04-14 10:25:16
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! (9)
Related
- Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
- Report says United Arab Emirates is trying nearly 90 detainees on terror charges during COP28 summit
- Miss Nicaragua pageant director announces her retirement after accusations of ‘conspiracy’
- This Is Not A Drill! Abercrombie Is Having A Major Sale With Up to 50% Off Their Most Loved Pieces
- 2 killed, 3 injured in shooting at makeshift club in Houston
- Teacher, CAIR cite discrimination from Maryland schools for pro-Palestinian phrase
- Putin visits a shipyard to oversee the commissioning of new Russian nuclear submarines
- Climate talks enter last day with no agreement in sight on fossil fuels
- McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
- NBA star Ja Morant describes punching teen during a pickup basketball game last year
Ranking
- Former Syrian official arrested in California who oversaw prison charged with torture
- Man charged with terrorism over a fire at South African Parliament is declared unfit to stand trial
- NFL Week 14 winners, losers: Chiefs embarrass themselves with meltdown on offsides penalty
- Georgia high school football player found dead day before state championship game
- Current, future North Carolina governor’s challenge of power
- 'Doctor Who' introduces first Black Doctor, wraps up 60th anniversary with perfect flair
- Journalists tackle a political what-if: What might a second Trump presidency look like?
- Hilary Duff Pays Tribute to Lizzie McGuire Producer Stan Rogow After His Death
Recommendation
Travis Hunter, the 2
Denver man sentenced to 40 years in beating death of 9-month-old girl
Social Media Affects Opinions, But Not the Way You Might Think
French opposition lawmakers reject the government’s key immigration bill without debating it
At site of suspected mass killings, Syrians recall horrors, hope for answers
Arkansas AG rejects language for proposed ballot measure protecting access to government records
The Excerpt podcast: Appeals court upholds Trump gag order in election interference case
Romanian court rejects influencer Andrew Tate’s request to return assets seized in trafficking case