Google cutting 12,000 jobs as tech industry layoffs widen

  • 📰 fox5ny
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Google has become the latest tech company to trim staff after rapid expansions during the COVID-19 pandemic have worn off.

FILE - Google logo is seen in a historical building in Krakow, Poland on Nov. 29, 2022. is laying off 12,000 workers, becoming the latest tech company to trim staff after rapid expansions during the COVID-19 pandemic have worn off.

CEO Sundar Pichai shared the news Friday in an email to staff at the Silicon Valley giant that was also posted on the company's news blog. "Over the past two years we’ve seen periods of dramatic growth," Pichai wrote. "To match and fuel that growth, we hired for a different economic reality than the one we face today."Google Street View genius guesses where he is in the world in seconds

23-year-old Trevor Rainbolt shows FOX TV Stations his process for how he wows the internet with his ability to accurately guess specific locations on Google maps in seconds, usually only being a few miles off. The jobs being eliminated "cut across Alphabet, product areas, functions, levels and regions," Pichai said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Lol… 10k gender studies degrees back on the streets. I guess mommy and daddy won’t be paying off those student loans any time soon.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 587. in BUSİNESS

Business Business Latest News, Business Business Headlines