Google is the latest tech giant to announce a massive layoff: the company announced on Friday that it is slashing about 12,000 jobs.
"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 aThe layoffs also come as major tech companies like Google pivot to artificial intelligence. But expanding on early investments comes with"tough choices," Pichai wrote.
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 theNPR Top StoriesMary Yang is an intern on the Business Desk where she covers technology, media, labor and the economy. She comes to NPR from Foreign Policy where she covered the beginning of Russia's war in Ukraine and built a beat on Southeast Asia, Asia and the Pacific Islands.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Google cuts 12,000 jobs in latest round of big tech layoffsGoogle needs to focus on key areas like AI, says Sundar Pichai
Weiterlesen »
Google parent Alphabet to cut 12,000 jobs, citing ‘economic reality’ in latest big tech layoffsGoogle parent Alphabet Inc. is cutting 12,000 jobs worldwide in the latest round of layoffs to hit the technology sector.
Weiterlesen »
Google is cutting 12,000 jobs, adding to a series of Big Tech layoffs in JanuaryGoogle is slashing about 12,000 jobs or 6% of its global workforce — the latest tech giant to announce massive layoffs as the economic outlook darkens and companies begin to pivot to AI.
Weiterlesen »
Where Google could make cuts to satisfy investors amid tech layoffsInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Weiterlesen »
Google axing 12,000 jobs, as tech industry layoffs widenLONDON (AP) — Google is laying off 12,000 workers, becoming the latest tech company to trim staff after rapid expansions during the COVID-19 pandemic have worn off. The Silicon Valley giant's CEO Sundar Pichai shared the news Friday in an email to staff that was also posted on the company's news blog.
Weiterlesen »
Google axing 12,000 jobs as tech industry layoffs widenGoogle is laying off 12,000 workers, becoming the latest tech company to trim staff after rapid expansions during the COVID-19 pandemic have worn off.
Weiterlesen »