Current:Home > ContactGoogle is cutting 12,000 jobs, adding to a series of Big Tech layoffs in January -TradeWisdom
Google is cutting 12,000 jobs, adding to a series of Big Tech layoffs in January
View
Date:2025-04-17 14:42:03
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! (723)
Related
- Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
- What is a song that gives you nostalgia?
- The Czech central bank cuts key interest rate for the first time since June 2022 to help economy
- Two county officials in Arizona plead not guilty to charges for delaying 2022 election certification
- Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
- Mississippi’s State Board of Education names new superintendent
- Grammy nominee Gracie Abrams makes music that unites strangers — and has Taylor Swift calling
- The Chilling True Story Behind Dr. Death: Cutthroat Conman
- Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
- How 'Iron Claw' star Zac Efron learned pro wrestling 'is not as easy as it looks on TV'
Ranking
- Gen. Mark Milley's security detail and security clearance revoked, Pentagon says
- North Dakota judge to decide whether to temporarily block part of abortion law that limits doctors
- Man who killed 83-year-old woman as a teen gets new shorter sentence
- Tua Tagovailoa, Mike McDaniel sound off on media narratives before Dolphins host Cowboys
- Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
- Polish viewers await state TV’s evening newscast for signs of new government’s changes in the media
- John Stamos says after DUI hospital stay he 'drank a bottle of wine just to forget'
- Glee's Kevin McHale Reveals Surprising Way He Learned Lea Michele & Cory Monteith Were Dating IRL
Recommendation
'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
Greek government says it stands by same-sex marriage pledge even after opposition from the Church
Russia’s foreign minister tours North Africa as anger toward the West swells across the region
After 58 deaths on infamous Pacific Coast Highway, changes are coming. Will they help?
Selena Gomez's "Weird Uncles" Steve Martin and Martin Short React to Her Engagement
More US auto buyers are turning to hybrids as sales of electric vehicles slow
Myanmar’s military should be investigated for war crimes, Amnesty International says
Ja Morant back in Memphis where his return should help the Grizzlies fill seats