Google's parent company Alphabet to sack 12,000 workers worldwide

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Google's parent company Alphabet is eliminating about 12,000 jobs, or 6 per cent of its workforce, marking the latest cuts to shake the technology sector.

abc.net.au/news/google-alphabet-to-axe-10-000-jobs-worldwide/101878762Google's parent company Alphabet is eliminating about 12,000 jobs, or 6 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 its headcount in recent years "for a different economic reality than the one we face today".The cuts come days after tech rivalAlphabet's job losses affect teams across the company, including recruiting and some corporate functions, as well as some engineering and products teams.

The news comes during a period of economic uncertainty as well as technological promise, in which Google and Microsoft have been investing in a burgeoning area of software known as generative artificial intelligence. "I am confident about the huge opportunity in front of us thanks to the strength of our mission, the value of our products and services, and our early investments in AI," Mr Pichai said in the note.

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No Productivity

Musk sacks 3000 and he is a hybrid of lex luthor and dr.evil steering twitter to destruction. Google chops 12000 and nobody predicts it sinking into the mire...

. Time to buy stock! .

The 2 Jews that own Alphabet (ie own Google who owns YouTube) - Google - Alphabet - YouTube is completely saturated with Unit8200 🇮🇱 agents . Don't wonder who is doing all the media censorship

maybe the OZ cyber security business could hire some

That is terrible

Go woke go broke.

So the CEO is taking full responsibility yet those workers who had no responsibility for Googles hiring practices are loosing their jobs. Why isn’t the CEO loosing his?

Something nasty is happening in IT. Have these companies been hit by the bitcoin collapse & needing to trim down? OR is it a bit of lay off posturing to improve stock value unit prices before the year end profit announcement?

I’m sure the execs at Google are making sacrifices, too. Perhaps a smaller 2nd yacht.

musk has shown how to get far more richer while stacking unemployment lines , the rich rule the world totally , and the sheeple love them for it.

Microsoft, Google... it's good to get big profits

That’s good

I think they are seeing how Twitter is managing with half the staff and asking themselves why do we need so many?

Piss poor headline ABC. Getting the sack has connotations of being fired for doing something wrong.

Meanwhile Binance and Ripple are hiring..

'Learn to code' they said

That's over 461 employees per 'letter' - disgraceful. 🙃

Will we see the same hyperbolic outrage from the media that was directed at Elon and Twitter? I thought not.

Learn to weld

Fantastic.

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