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published in Blogs
Jan 20, 2023
Alphabet (GOOGL, $97.18) plans 12,000 job cuts

Alphabet (GOOGL, $97.18) plans 12,000 job cuts

Google parent Alphabet revealed plans to layoff around 12,000 workers globally, echoing tech peers' job cuts amid economic uncertainty. Alphabet's retrenchments are expected in engineering and product teams as well as upper-level management.

A Reuters report mentioned that Google CEO Sundar Pichai has informed employees of the job cuts through a memo.  

Earlier this week, Microsoft announced 10,000 job cuts. Late last year, Amazon unveiled plans to slash its workforce by 18,000 jobs which began earlier this week. Meta announced 11,000 job losses.

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