Current:Home > ContactCharles H. Sloan-Google is cutting 12,000 jobs, adding to a series of Big Tech layoffs in January -EverVision Finance
Charles H. Sloan-Google is cutting 12,000 jobs, adding to a series of Big Tech layoffs in January
Johnathan Walker View
Date:2025-04-10 17:25:01
Google is Charles H. Sloanthe 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! (36)
Related
- Don't let hackers fool you with a 'scam
- Tyreek Hill’s traffic stop shows interactions with police can be about survival for Black men
- Aaron Rodgers documentary set to stream on Netflix in December
- Teen Mom's Catelynn Lowell Says She's Been Blocked by Daughter Carly's Adoptive Parents
- A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
- Deshaun Watson, Daniel Jones among four quarterbacks under most pressure after Week 1
- Texas school districts say upgrades to the state’s student data reporting system could hurt funding
- Ryan Seacrest debuts as new host of ‘Wheel of Fortune’
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Banana Republic’s Outlet Has Luxury Fall Staples Under $60, Plus Tops & Sweaters up to 70% off Right Now
Ranking
- Skins Game to make return to Thanksgiving week with a modern look
- iPhone 16, iPhone 16 Pro, Airpods: What's rumored for 2024 Apple event Monday
- Harvey Weinstein rushed from Rikers Island to hospital for emergency heart surgery
- Bachelorette’s Jenn Tran Reveals She Reached Out to Ex Devin Strader After Tense Finale
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Take 50% Off a Peter Thomas Roth Serum That Instantly Tightens and Lifts Skin & More Sephora Deals
- State veterans affairs commissioner to resign at the end of the year
- It's the craziest thing that's ever happened to me. Watch unbelievable return of decade-lost cat
Recommendation
What do we know about the mysterious drones reported flying over New Jersey?
Video captures big black bear's casual stroll across crowded California beach
Jenna Bush Hager Says Anna Wintour Asked Her and Hoda Kotb to “Quiet Down” at U.S. Open
Powerball winning numbers for September 9: Jackpot rises to $121 million
What to watch: O Jolie night
Highlights as Bill Belichick makes 'Manningcast' debut during Jets vs. 49ers MNF game
Jenna Bush Hager Says Anna Wintour Asked Her and Hoda Kotb to “Quiet Down” at U.S. Open
Rachel Zoe and Husband Rodger Berman Break Up, Divorcing After 26 Years of Marriage