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Google Parent Alphabet to Lay Off 12,000 Workers

Video Credit: Wibbitz Top Stories - Duration: 01:31s - Published
Google Parent Alphabet to Lay Off 12,000 Workers

Google Parent Alphabet to Lay Off 12,000 Workers

Google Parent Alphabet , to Lay Off 12,000 Workers.

NBC News reports that CEO Sundar Pichai made the announcement in a memo to employees on Jan.

20.

I have some difficult news to share.

We’ve decided to reduce our workforce by approximately 12,000 roles, Sundar Pichai, Google CEO, via memo to employees .

This will mean saying goodbye to some incredibly talented people we worked hard to hire and have loved working with.

I’m deeply sorry for that, Sundar Pichai, Google CEO, via memo to employees .

The fact that these changes will impact the lives of Googlers weighs heavily on me, and I take full responsibility for the decisions that led us here, Sundar Pichai, Google CEO, via memo to employees .

Workers in the U.S. and around the world are expected to be affected.

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Reuters reports that the cuts account for over 6% of Google's workforce.

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Pichai referenced the difficult "economic reality" that many other tech companies have cited amid their recent layoffs as well.

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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, Sundar Pichai, Google CEO, via memo to employees .

Just two days prior, Microsoft announced it would be letting go of 10,000 employees


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