Big tech’s job-slashing wave
Google slashes nearly 12,000 jobs worldwide. The layoffs come a day after Microsoft said it would reduce staff numbers by 10,000, following similar cuts by Meta, Amazon and Twitter.
Google's announcement Friday it would slash nearly 12,000 jobs worldwide is the latest in a series of mass layoffs in the once-unassailable tech sector, which is facing a huge downturn. Here are the others: - Amazon - The online retail giant said on January 5 it would cut more than 18,000 jobs from its workforce, citing "the uncertain economy" and the fact it had "hired rapidly" during the pandemic. During Covid, Amazon had gone on a hiring spree to meet an explosion in demand for deliveries, doubling its global staff between the beginning of 2020 and start of 2022. It was the largest among the r...