The cuts will affect roles across product areas and regions, CEO Sundar Pichai said in an email to employees that was posted on the company’s website Friday. Affected US employees will remain on the company’s payroll for 60 days and receive at least 16-weeks salary in severance, in addition to other benefits.
Alphabet grew its workforce by more than 50,000 employees over the past two years as booming demand for its services during the pandemic boosted profits. But in recent quarters, the company’s core digital ad business has slowed as the economic downturn and recession fears caused advertisers to pull back their spending. “Over the past two years we’ve seen periods of dramatic growth,” Pichai said in the email.
Have you heard about QuietQuitting?
She seem delighted for some reason
They did hire irresponsibly during Covid. Are we considering that before we analyze this.
I recall the media reaction to a couple of thousand Twitter layoffs was rather hyperbolic.
It also provides insight to those currently considering a post secondary education. Personally, I chose to make tech my concentration instead of my major, however; tech will always be a field with an ever increasing demand.
It’s that time of the year again huh.
Dear God!
The world indeed is coming to an end, imagine this is happening to Google 😪then what about business operating on a small scale 🫣🫣🫣
How did Google ever get a 'parent company'. What does Alphabet do, how did it get big enough to buy Google? Distibute meth and cocaine for the Mexican cartels?
So they’re laying off the FBI employees or no?
Forget the job market! Work never had a future to start with and never will it have one. Work is about helping a capitalist to eliminate his competitors with the latest robots.
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