Google parent Alphabet is slashing about 12,000 jobs worldwide in the latest round of cuts to hit the tech sector.
Google parent to lay off 12,000 workers
Google’s parent Alphabet is eliminating about 12,000 jobs, or six per cent of its workforce, in the latest cuts to shake the technology sector.
Sundar Pichai, Alphabet’s CEO, said in a staff memo shared with Reuters 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,” he said on Friday.
The cuts come days after rival Microsoft Corp said it would lay off 10,000 workers.