Tag: Google layoffs

Google cuts 12,000 jobs as tech woes bite again
Technology

Google cuts 12,000 jobs as tech woes bite again

[ad_1] The layoffs come a day after Microsoft said it would reduce staff numbers by 10,000 in the coming months, following similar cuts by Facebook owner Meta, Amazon and Twitter as the tech sector girds for economic downturn. Google's parent company Alphabet announced Friday it will cut about 12,000 jobs globally, citing a changing economic reality as it became the latest US tech giant to enact large-scale restructuring. The layoffs come a day after Microsoft said it would reduce staff numbers by 10,000 in the coming months, following similar cuts by Facebook owner Meta, Amazon and Twitter as the tech sector girds for economic downturn. The cuts follow a major hiring spree during the height of the coronavirus pandemic when companies scrambled to meet demand as people went online...