Current:Home > reviewsGoogle is cutting 12,000 jobs, adding to a series of Big Tech layoffs in January -Pinnacle Profit Strategies
Google is cutting 12,000 jobs, adding to a series of Big Tech layoffs in January
View
Date:2025-04-17 20:34:17
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! (73)
Related
- Taylor Swift makes surprise visit to Kansas City children’s hospital
- Maui police release 16 minutes of body camera footage from day of Lahaina wildfire
- A UN report urges Russia to investigate an attack on a Ukrainian village that killed 59 civilians
- Google CEO defends paying Apple and others to make Google the default search engine on devices
- How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
- Georgia sheriff announces 11 arrests on charges involving soliciting minors for sex online
- Why the urban legend of contaminated Halloween candy won't disappear
- Man pleads not guilty to hate crime in fatal stabbing of 6-year-old Muslim boy
- New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health
- Pope says it's urgent to guarantee governance roles for women during meeting on church future
Ranking
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- Are attention spans getting shorter (and does it matter)?
- Europe’s inflation eased to 2.9% in October thanks to lower fuel prices. But growth has vanished
- Family asks DOJ to investigate March death of Dexter Wade in Mississippi
- Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
- Rangers' Jon Gray delivers in World Series Game 3. Now we wait on medical report.
- Zoë Kravitz and Channing Tatum Are Engaged After 2 Years of Dating
- 'Love Island Games' Season 1: Release date, cast and trailer for new Peacock show
Recommendation
2025 'Doomsday Clock': This is how close we are to self
Jurors picked for trial of man suspected of several killings in Delaware and Pennsylvania
Visitors will be allowed in Florence chapel’s secret room to ponder if drawings are Michelangelo’s
Gwyneth Paltrow reflects on the magical summer she spent with Matthew Perry in touching tribute
Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
Ex-North Dakota lawmaker charged with traveling to Czech Republic for sex with minor
Why Elizabeth Banks Says She's Terrified Of Getting Cosmetic Injectables
Kylie and Kendall Jenner Are a Sugar and Spice Duo in Risqué Halloween Costumes