Google parent to lay off 12,000 workers as AI focus intensifies

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Google parent Alphabet is cutting about 12,000 jobs, or 6% of its workforce, it said in a staff memo on Friday, as the technology sector reels from layoffs and companies stake their futures on artificial intelligence (AI).

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It’s 50000 across the sector. Don’t cry too hard. Average salary of those retrenched is $250k ie R4.5m!

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