Current:Home > ScamsGoogle is cutting 12,000 jobs, adding to a series of Big Tech layoffs in January -Financial Clarity Guides
Google is cutting 12,000 jobs, adding to a series of Big Tech layoffs in January
View
Date:2025-04-16 06:05:37
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! (442)
Related
- Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
- Coroner identifies man and woman shot to death at Denver hotel shelter
- Last 2 Mississippi ex-officers to be sentenced for torturing 2 Black men in racist assault
- Who is Brian Peck? Ex-Nickelodeon coach convicted of lewd acts with minor back in spotlight
- Small twin
- Hurry! Only six weeks left to consolidate student loan debt for a shot at forgiveness
- Missouri Supreme Court declines to halt execution of a man who killed 2 in 2006
- The Top 32 Amazon Beauty Deals on Celeb-Loved Picks: Kyle Richards, Chrishell Stause, Sarah Hyland & More
- Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
- Kentucky couple tried to sell their newborn twins for $5,000, reports say
Ranking
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- Landmark Peruvian Court Ruling Says the Marañón River Has Legal Rights To Exist, Flow and Be Free From Pollution
- Tilda Swinton says people may be 'triggered' by 'Problemista': 'They recognize themselves'
- Will Apple's upgrades handle your multitasking? 5 things to know about the new MacBook Air
- Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
- Riley Strain Case: Missing College Student’s Mom Shares Tearful Message Amid Ongoing Search
- Ex-Saints receiver Michael Thomas entering diversion in case stemming from arrest last fall
- Drake Bell Responds to Backlash Over Costar Josh Peck's Silence on Quiet on Set Docuseries
Recommendation
DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
Jeopardy!'s Mike Richards Speaks Out More Than 2 Years After Being Fired From Hosting Gig
Alabama debuts new system to notify crime victims of parole dates, prison releases
Caroline Wozniacki & More Tennis Pros Support Aryna Sabalenka After Konstantin Koltsov's Death
New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health
1 of the few remaining survivors of the attack on Pearl Harbor has died at 102
A teenager faces a new felony charge over the shooting at the Chiefs’ Super Bowl celebration
Most popular dog breed rankings are released. Many fans are not happy.