Current:Home > FinanceGoogle is cutting 12,000 jobs, adding to a series of Big Tech layoffs in January -Visionary Wealth Guides
Google is cutting 12,000 jobs, adding to a series of Big Tech layoffs in January
View
Date:2025-04-13 01:58:23
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! (4)
Related
- The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
- Joan says 'Yes!' to 'Golden Bachelorette' finale fantasy beach proposal. Who did she pick?
- Tech consultant spars with the prosecutor over details of the death of Cash App founder Bob Lee
- More than 150 pronghorns hit, killed on Colorado roads as animals sought shelter from snow
- A South Texas lawmaker’s 15
- NBA today: Injuries pile up, Mavericks are on a skid, Nuggets return to form
- Medical King recalls 222,000 adult bed assistance rails after one reported death
- US wholesale inflation picks up slightly in sign that some price pressures remain elevated
- How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
- Craig Melvin replacing Hoda Kotb as 'Today' show co-anchor with Savannah Guthrie
Ranking
- Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
- Channing Tatum Drops Shirtless Selfie After Zoë Kravitz Breakup
- Florida State can't afford to fire Mike Norvell -- and can't afford to keep him
- 'Wanted' posters plastered around University of Rochester target Jewish faculty members
- Louvre will undergo expansion and restoration project, Macron says
- Chris Martin and Gwyneth Paltrow's Son Moses Martin Reveals His Singing Talents at Concert
- Shel Talmy, produced hits by The Who, The Kinks and other 1960s British bands, dead at 87
- In bizarro world, Tennessee plays better defense, and Georgia's Kirby Smart comes unglued
Recommendation
See you latte: Starbucks plans to cut 30% of its menu
More human remains from Philadelphia’s 1985 MOVE bombing have been found at a museum
Judge hears case over Montana rule blocking trans residents from changing sex on birth certificate
Satire publication The Onion buys Alex Jones’ Infowars at auction with help from Sandy Hook families
Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
Robert F. Kennedy Jr. has a long record of promoting anti-vaccine views
What is best start in NBA history? Five teams ahead of Cavaliers' 13-0 record
New York nursing home operator accused of neglect settles with state for $45M