Google parent Alphabet is eliminating about 12 000 jobs, or 6% of its workforce, the company said on Friday.
Google parent Alphabet is eliminating about 12 000 jobs, or 6% of its workforce, the company said on Friday, in the latest cuts to shake the technology sector.
Sundar Pichai, Alphabet’s CEO, said in a staff memo that the company had rapidly expanded headcount in recent years “for a different economic reality than the one we face today”. “I take full responsibility for the decisions that led us here.”
The cuts come days after rival Microsoft said it would lay off 10 000 workers.
Alphabet’s job losses affect teams across the company including recruiting and some corporate functions, as well as some engineering and products teams. The layoffs are global and impact US staff immediately.