Google’s Parent Company Alphabet To Lay Off 12,000 Globally
First Published: 20th January, 2023 17:06 IST
Google Layoffs: The job cuts affect teams across the company including recruiting and some corporate functions, as well as some engineering and products teams.
Alphabet Inc is eliminating 12,000 jobs, its chief executive said in a staff memo shared with Reuters.
The cuts mark the latest to shake the technology sector and come days after rival Microsoft Corp said it would lay off 10,000 workers.
The job losses affect teams across the company including recruiting and some corporate functions, as well as some engineering and products teams.
The layoffs are global and impact U.S. staff immediately, Google said.
The news comes during a period of economic uncertainty as well as technological promise, in which Google and Microsoft have been investing in a fledgling area of software known as generative artificial intelligence.
Sundar Pichai, Alphabet’s CEO, said in the note, “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.”
An NDTV copy or reported by NDTV
Also Read : Trans Woman Removes Ears And Nostrils To Look Like A Dragon
COMMENTS
TOPMOST STORY NOW
Live Bangladesh requests India to send Sheikh Hasina back
23rd December 2024Live Manipur CM Thanks Assam CM For Allowing IRB Recruits From Manipur to Train at Police Academy in Dergaon
23rd December 2024Live Water Tank Tragedy: Kin of Deceased Student Demands Sealing of School, High Level Probe
23rd December 2024Live Indian Hockey Player Lalremsiami Hmarzote Extends Christmas and New Year Greetings
23rd December 2024WE RECOMMEND
Epigamia Co-Founder Rohan Mirchandani Passes Away at 41 Due to Heart Attack
The company’s leadership decided to continue to manage the business.
23rd December 20247 Indian nationals injured in Magdeburg Christmas market attack
Of these,three have been discharged from the hospital, while the Indian Mission is closely monitoring the condition of the remaining victims.
22nd December 2024Nagaland MP Accuses Rahul Gandhi of Standing Too Close to Her, Making Her Feel Uncomfortable
MP Phangnon Konyak has filed a complaint with Rajya Sabha Chairman against Congress leader Rahul Gandhi
19th December 2024GRAP Stage IV reintroduced in NCR as AQI breaches 400 mark
This comes after the Air Quality Index in Delhi breached the 400 mark. AQI was recorded as 399 at 9 pm and 401 at 10 pm.
17th December 2024India, Bangladesh to commemorate 1971 war ‘Vijay Diwas’ with annual exchange of veterans today
The event also gave an opportunity to the tribal community to showcase their talent.
16th December 2024