Current:Home > InvestGoogle is cutting 12,000 jobs, adding to a series of Big Tech layoffs in January -Wealthify
Google is cutting 12,000 jobs, adding to a series of Big Tech layoffs in January
View
Date:2025-04-17 07:36:27
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! (5)
Related
- Krispy Kreme offers a free dozen Grinch green doughnuts: When to get the deal
- I Asked ChatGPT to Name the 10 Best Lipsticks, Here’s My Reaction
- Dozens of former guests are rallying to save a Tonga resort
- Blake Lively Hires Expert From Gwyneth Paltrow's Utah Ski Trial for New Betty Buzz Ad
- Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
- Man said to be doing very well after 2 months adrift in Pacific with his dog on a damaged boat
- 7 bombs planted as trap by drug cartel kill 4 police officers and 2 civilians in Mexico, officials say
- Soot is accelerating snow melt in popular parts of Antarctica, a study finds
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Beijing Olympic organizers are touting a green Games. The reality is much different
Ranking
- Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
- Encore: Tempe creates emergency response center to be a climate disaster refuge
- Kevin Spacey refutes sexual assault allegations in U.K. trial, calls relations with 1 accuser romantic
- Jeremy Piven Teases His Idea for Entourage Reboot
- Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
- The first named storm of the Atlantic hurricane season floods Florida
- Dream Your Way Through Spring With The Cloud Skin Beauty Aesthetic
- Kourtney Kardashian Mistaken for Sister Khloe During Drunken Vegas Wedding to Travis Barker
Recommendation
North Carolina justices rule for restaurants in COVID
Kourtney Kardashian Mistaken for Sister Khloe During Drunken Vegas Wedding to Travis Barker
Family sues over fatal police tasering of 95-year-old Australian great-grandmother
Solar projects are on hold as U.S. investigates whether China is skirting trade rules
McConnell absent from Senate on Thursday as he recovers from fall in Capitol
Céline Dion Releases New Music 4 Months After Announcing Health Diagnosis
Love Is Blind’s Marshall Reveals He Dated This Castmate After the Show
Pedro Pascal's BFF Sarah Paulson Hilariously Reacts to His Daddy Title