Another dismal Friday in Silicon Valley. Google has sent out emails to its US-based employees informing them that they are among the 12,000 workers being paid off.
SANTA CLARA -- Another pink slip Friday in Silicon Valley. Google has sent out emails to its US-based employees informing them that they are among the 12,000 workers being paid off.
"I have some difficult news to share," he wrote."We've decided to reduce our workforce by approximately 12,000 roles. We've already sent a separate email to employees in the US who are affected." The layoffs amount to about 6% of Google's workforce, becoming the latest tech company to trim staff as the economic boom that the industry rode during the COVID-19 pandemic ebbed.
"Over the past two years we've seen periods of dramatic growth," Pichai wrote."To match and fuel that growth, we hired for a different economic reality than the one we face today."The jobs being eliminated"cut across Alphabet, product areas, functions, levels and regions," Pichai said.Pichai said that Google, founded nearly a quarter of a century ago, was"bound to go through difficult economic cycles.
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