Google layoffs

Alphabet-owned search giant joins other major technology player in axing thousands of workers as the economy slows.

Although experts forecast a slowdown in the labor market this year, hiring across the U.S. The nation's unemployment rate Also in January, Amazon said it would cut 18,000 jobs, Facebook parent Meta announced it is eliminating 11,000 positions and software maker Salesforce said it would shed 7,000 workers. "Over the past two years we've seen periods of dramatic growth," Pichai wrote. Added Pichai, "As an almost 25-year-old company, we're bound to go through difficult economic cycles. [Coinbase cut 20% of its workforce](https://www.cbsnews.com/news/coinbase-layoffs-job-cuts-cryptocurrency/), about 950 jobs, in its second round of layoffs in less than a year.

At least 18 U.S. companies have conducted major rounds of job cuts so far this month, as recession fears continue in 2023.

The biggest came from Facebook and Instagram parent company [Meta](https://about.fb.com/news/2022/11/mark-zuckerberg-layoff-message-to-employees/), which laid off roughly 11,000 employees in November. [75%](https://techcrunch.com/2022/10/26/now-elon-musk-says-he-wont-fire-75-of-twitters-staff/) of the social media platform’s 7,500 employees, although he denied that report, saying the number was inaccurate. The company started laying off employees in November, which reportedly affected [50%](https://www.ft.com/content/9164ab3f-39b7-45a4-ac25-8bf5a1c7f7df) of its staff. announced plans to lay off 25% of its workforce (950 employees) in a company [125,000 Laid Off In Major Cuts As Recession Fears Spiked, According To Forbes Tracker](https://www.forbes.com/sites/brianbushard/2022/12/24/125000-laid-off-in-major-cuts-as-recession-fears-spiked-according-to-forbes-tracker/?sh=3200e8cce0cb) (Forbes) [Goldman Sachs Will Reportedly Cut More Than 3,000 Jobs—As Major Layoffs Continue Into 2023](https://www.forbes.com/sites/brianbushard/2023/01/04/amazon-reportedly-cutting-17000-jobs-as-major-layoffs-continue-into-2023/?sh=3c20e2a05c6e) (Forbes) [46,000 Laid Off In November Alone As Job Cuts Grow](https://www.forbes.com/sites/brianbushard/2022/12/01/46000-laid-off-in-november-alone-as-job-cuts-grow/?sh=3b50e77948d4) (Forbes) The company with the most rounds of cuts was [Peloton](https://www.forbes.com/sites/jackkelly/2022/02/08/peloton-ceo-is-out-and-2800-employees-are-laid-off-but-offered-free-peloton-memberships/?sh=34bc2afd56cd), which underwent four separate rounds of layoffs, including one that affected more than 2,800 workers. [internal memo](https://newsroom.stitchfix.com/blog/update/), after [laying off](https://newsroom.stitchfix.com/blog/a-message-from-our-ceo/) another 15% of its staff last June. [ blog post](https://www.coinbase.com/blog/a-message-from-ceo-and-co-founder-brian-armstrong-to-coinbase-employees) in order to “weather downturns in the crypto market,” after it [ laid off](https://www.cnbc.com/2022/06/14/coinbase-lays-off-18percent-as-execs-prepare-for-recession-crypto-winter.html) another 18% of its staff last June. [CNBC](https://www.cnbc.com/2023/01/11/directv-lays-off-staffers-as-cord-cutting-accelerates-.html), as the company struggles with an increase in the cost to “secure and distribute programming,” and after the company lost nearly 3% of its subscribers (400,000) in the third quarter of 2022, [according to](https://www.leichtmanresearch.com/major-pay-tv-providers-lost-about-785000-subscribers-in-3q-2022/) the Leichtman Research Group. [announced](https://crypto.com/company-news/company-update/) the company, which had more than 2,500 employees as of October, according to PitchBook, will cut 20% of its staff in a message to employees, as the company faces “ongoing economic headwinds and unforeseeable industry events—including the collapse of Sam Bankman-Fried’s cryptocurrency exchange FTX late last year, which “significantly damaged trust in the industry.” [cuts](https://blogs.microsoft.com/blog/2023/01/18/subject-focusing-on-our-short-and-long-term-opportunity/), which affect 10,000 employees (less than 5% of its workforce), come three months after the Washington-based company conducted another [round of layoffs](https://www.forbes.com/sites/brianbushard/2023/01/04/amazon-reportedly-cutting-17000-jobs-as-major-layoffs-continue-into-2023/?sh=6bc19f365c6e) affecting less than 1% of its roughly 180,000 employees, with CEO Satya Nadella saying in a message to employees that some workers will be notified starting Wednesday, and the layoffs will be conducted by the end of the third fiscal quarter in September. [filing](https://d18rn0p25nwr6d.cloudfront.net/CIK-0001409970/1392acbf-b892-4549-95ac-da9179c274f7.pdf), amid a “challenging economic environment,” as the San Francisco-based company attempts to “align its operations to reduced marketplace revenue” following seven rounds of Federal Reserve [interest rate hikes](https://www.forbes.com/sites/jonathanponciano/2023/01/04/fed-expects-no-interest-rate-cuts-in-2023-one-official-warns-of-costly-error-if-central-bank-backs-down-too-soon/?sh=5841274f24ae) last year and as concerns persist of a potential recession.

Sundar Pichai, CEO of Google and Alphabet, said on Friday that the company plans to reduce its workforce by approximately 12000 positions.

And Facebook parent Meta [announced 11,000 job cuts](https://www.usatoday.com/story/tech/2022/11/09/meta-layoffs-facebook-parent/8313462001/), or 13% of its workforce, in November. In the U.S., employees who are laid off will be paid for the notification period (60 days), 2022 bonuses and remaining vacation time. [announced 10,000 job cuts](https://www.usatoday.com/story/money/2023/01/18/microsoft-layoffs-10000-employees-stock/11074235002/), or nearly 5% of its workforce. Earlier this week, Amazon began laying off thousands of employees. [Microsoft to lay off 10,000 employees starting Wednesday; roughly 5% of workforce affected](https://www.usatoday.com/story/money/2023/01/18/microsoft-layoffs-10000-employees-stock/11074235002/) 4, Amazon CEO Andy Jassy The jobs being eliminated will be "cut across Alphabet, product areas, functions, levels and regions," he said. [Amazon begins next round of layoffs, as tech giant cuts total of more than 18,000 jobs](https://www.usatoday.com/story/money/2023/01/18/amazon-layoffs-18000-employees/11076820002/) "Over the past two years we’ve seen periods of dramatic growth. "This will mean saying goodbye to some incredibly talented people we worked hard to hire and have loved working with. I’m deeply sorry for that," Pichai wrote. [joining other tech giants](https://www.usatoday.com/story/money/2023/01/18/amazon-layoffs-18000-employees/11076820002/) who are downsizing staff by the thousands.

Google is laying off 12000 workers, becoming the latest tech company to trim staff after rapid expansions during the COVID-19 pandemic have worn off.

[Microsoft announced 10,000 job cuts](https://globalnews.ca/news/9418508/microsoft-layoffs-tech/), or nearly 5% of its workforce. [Amazon said this month its cutting 18,000 jobs, ](https://globalnews.ca/news/9419510/amazon-layoffs-us-canada-costa-rica/)although that’s a fraction of its 1.5 million strong workforce, while business software maker Salesforce is laying off about 8,000 employees, or 10% of the total. Cryptocurrency trading platform Coinbase cut 20% of its workforce, about 950 jobs, in its second round of layoffs in less than a year. The jobs being eliminated “cut across Alphabet, product areas, functions, levels and regions,” Pichai said. “Over the past two years we’ve seen periods of dramatic growth,” Pichai wrote. Just this month, there have been at least 48,000 job cuts announced by major companies in the sector.

Alphabet Inc. is eliminating about six per cent of its workforce, the company said Friday, in the latest cuts to shake the technology sector.

It was unclear if Alphabet would take a one-time financial hit related to the job cuts. The company has been working on a major AI launch, two people familiar with the matter told Reuters. company, which has long been the leader in key areas of AI research.

"Over the past two years we've seen periods of dramatic growth," CEO Sundar Pichai wrote. "To match and fuel that growth, we hired for a different economic ...

[Microsoft announced sweeping layoffs Thursday](https://www.npr.org/2023/01/18/1149739148/microsoft-slashes-10-000-jobs-the-latest-in-a-wave-of-layoffs) and is cutting 10,000 jobs, or about 5% of its workforce. "Over the past two years we've seen periods of dramatic growth. [biggest cuts](https://www.npr.org/2023/01/10/1148188880/wall-street-goldman-sachs-layoffs-investment-banking-recession-inflation) since the 2008 financial crisis. [serious cuts amid an uncertain economy](https://www.npr.org/2023/01/03/1146169159/january-is-often-a-big-month-for-layoffs-heres-what-to-do-in-a-worst-case-scenar). Layoffs will take longer in other countries due to local laws, Pichai said. Amazon and Salesforce [announced ](https://www.npr.org/2023/01/04/1147034858/amazon-ceo-says-company-will-layoff-more-than-18-000-workers)layoffs earlier this month.

Google says it's laying off 12000 workers, becoming the latest tech company to trim staff as the economic boom that the industry rode during the COVID-19 ...

The jobs being eliminated “cut across Alphabet, product areas, functions, levels and regions,” Pichai said. Yet the tech sector grew exceptionally fast over the last several years due to increased demand as employees began to work remotely. “Over the past two years we’ve seen periods of dramatic growth,” Pichai wrote. Cryptocurrency trading platform Coinbase cut 20% of its workforce, about 950 jobs, in its second round of layoffs in less than a year. has been resilient despite signs of a slowing economy, and there were another 223,000 jobs added in December. Just this month, there have been at least 48,000 job cuts announced by major companies in the sector.

The 12,000 job cuts are about 6% of Google's nearly 187,000-person worldwide workforce. Austin is one of Google's largest hubs, and the company told the ...

And Facebook parent Meta [announced 11,000 job cuts](https://www.usatoday.com/story/tech/2022/11/09/meta-layoffs-facebook-parent/8313462001/), or 13% of its workforce, in November. Google's layoffs are the latest in a string of job cuts by major technology companies. The company said it would offer six months of health insurance, job placement help and a severance package starting at 16 weeks salary, plus two weeks for each year at Google. That knowledge will be transferred and will actually work to everyone’s benefit.” The affected positions were spread throughout the company and spanned across a variety of regions, functions, levels and product focus areas, the blog post said. This week, Amazon began laying off thousands of employees. 4, Amazon CEO Andy Jassy "Being constrained in some areas allows us to bet big on others." "Over the past two years, we’ve seen periods of dramatic growth. It was not immediately clear Friday how many of the company's Central Texas employees will be affected. Impacted Austin employees may have already been notified. At the time, Google

Google layoffs piling on top of a brutal week of massive layoffs across the tech industry.

In the two decades since then, Google has expanded its presence by hiring engineers, sales leaders and AI researchers at offices in Waterloo, Toronto and Montreal. Pichai’s memo to staff: “In other countries, this process will take longer due to local laws and practices.” [caught up in this new wave of layoffs](https://www.theglobeandmail.com/business/article-lightspeed-commerce-job-cuts/) in early 2023. and Michele Romanow’s [Clearco](https://www.theglobeandmail.com/business/article-michele-romanow-stepping-down-as-clearco-ceo-financier-cuts-another-25/), have also cut hundreds of jobs in the past two weeks alone. Pichai highlighted in his internal memo to staff. Over the years, a handful of U.S.

The layoffs amount to about 6 percent of the global work force at the company, the latest tech giant to make cuts after a pandemic hiring spree.

[bracing for cuts ](https://www.nytimes.com/2022/12/28/technology/google-job-cuts.html)as their peers at other large tech firms announced job losses. The company’s cloud computing business has continued to trail Amazon and Microsoft. But the technology sector has not been immune from rising interest rates and a slumping global economy. It comes at a time when Google is facing competition from rivals offering new ways to search for information on the internet. In a note titled “A difficult decision to set us up for the future,” Mr. “These are important moments to sharpen our focus, re-engineer our cost base, and direct our talent and capital to our highest priorities,” Mr. As the advertising industry struggles and companies purchase fewer ads on Google’s search engine or YouTube, Alphabet’s bottom line took a hit. Google, started in 1998, helped define a Silicon Valley work culture that influenced corporations far beyond the technology sector. Pichai said in a note to employees posted on the company’s Sundar Pichai, Alphabet’s chief executive, said the company expanded too rapidly during the pandemic, when demand for digital services boomed, and now must refocus on products and technology core to the company’s future, Amazon, Meta, Microsoft, Salesforce and Twitter are among others who have announced thousands of job cuts. [will conduct an audit of its U.S.

Laid-off employees included those who had previously received high performance reviews or held managerial positions with annual compensation packages of ...

It also laid off salespeople in places like Austin, said a person briefed about them. The 12,000 or so affected employees spanned nearly every organization, from Google Cloud and Chrome to Android and search-related groups under senior executive Prabhakar Raghavan, these people said. Google Cloud laid off people in strategy, recruiting, and so-called go-to-market teams that provide salespeople with data, training and research for making deals.

Area 120, Google's division for experimental projects that sometimes graduate to become core Google services, has largely been shuttered.

Google parent Alphabet on January 20 announced that it plans to cut about 12,000 jobs or 6% of its global workforce. The layoffs will affect jobs globally and across the entire company, chief executive officer Sundar Pichai told employees in an email on ...

[Subscribe](https://economictimes.indiatimes.com/subscription?newslettertype=div_3125&email=2&utm_source=newsletter&utm_medium=email&utm_campaign=DailyTop5)to our daily newsletter for the latest and must-read tech news, delivered straight to your inbox. Majety said the company's [food delivery business has been growing more slowly than expected.](https://economictimes.indiatimes.com/tech/startups/swiggy-sacks-380-employees-read-ceo-sriharsha-majetys-email-on-job-cuts/articleshow/97171190.cms)He also said that the company overhired over the past two years due to "a case of poor judgement" on his part. [technology](https://economictimes.indiatimes.com/tech)and [startup news](https://economictimes.indiatimes.com/tech/startups)that matters. While Reliance Retail-backed Dunzo reduced its workforce by about 3% of its employees recently, cloud kitchen firm Rebel Foods, which houses brands like Behrouz Biryani and Oven Story, has also cut headcount. Google employed around 1.56 lakh people at the end of 2021. After 23 years working at Google I’m laid off via an email. “So after over 16.5 years at Google, I appear to have been let go via an automated account deactivation at 3 am this morning as one of the lucky 12,000. I’m still in shock. [ET reported on January 16.](https://economictimes.indiatimes.com/tech/startups/more-consumer-internet-firms-like-sharechat-dunzo-rebel-foods-join-layoff-wave/articleshow/97012535.cms) [Amazon India staff being fired in offices, employees breaking down](https://economictimes.indiatimes.com/tech/information-tech/amazon-india-staff-being-fired-in-offices-employees-breaking-down/articleshow/97002988.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst)Layoffs in India [Google had asked managers to identify the poorest-performing 6% of employees](https://economictimes.indiatimes.com/tech/technology/google-plans-to-sack-10000-employees-after-performance-review-report/articleshow/95714520.cms). [Amazon employees were found breaking down in their offices upon hearing the news of their termination](https://economictimes.indiatimes.com/tech/information-tech/amazon-india-staff-being-fired-in-offices-employees-breaking-down/articleshow/97002988.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst), [Read the full text of CEO Sundar Pichai's email to employees](https://economictimes.indiatimes.com/tech/technology/google-layoffs-read-the-full-text-of-ceo-sundar-pichais-email-to-employees/articleshow/97197381.cms)