Google has announced to layoff 12000 employees from their company due to financial crises

Google has announced to layoff 12000 employees from their company .

Today, Google, which is known as the top workplace in the world for jobs, officially confirmed the reductions. Google has declared that it will let go of 12,000 workers worldwide. US-based Google employees have already gotten an email, and the others will receive a notification soon.

Information on this has not yet been made public. The company’s product sectors have undergone a careful assessment to verify that the present jobs are in accordance with the company’s highest priorities, according to a letter from Google CEO Sundar Pichai to the staff. Which department has been most impacted by this round of collective pruning is uncertain.

Alphabet, the parent company of Google,  has made the decision for layoffs due to profit concerns. There is no chance of resolving the tech industry’s retrenching dilemma. The parent company of Google, the largest search engine in the world, Alphabet, is getting ready to fire 12,000 employees. Sundar Pichai, the company’s CEO, reportedly apologized for accepting complete responsibility for the layoffs. Such a massive downsizing provides evidence of the serious dangers facing the technology sector. Microsoft Corp., a competitor of Google, also announced that it will lay off 10,000 workers at the same time.


Google has announced to lay off 12000 employees from their company.   Pichai stated in his letter that we have chosen to lay off 12,000 employees. The concerned workers who are currently in the United States have already received a separate email. This indicates that some talented individuals who have been working hard with us must now say farewell. Pichai continued by writing that he accepts full responsibility for this choice and extends his sincerest apologies.

In recent times All IT companies are facing huge financial crises such as META, Alphabet, Amazon, and China also shut down due to covid. and many companies reduce their profit.  and in the year 2022 amazon has laidoff huge employs from their company, 

At present Google has experienced huge financial losses due to the recession.  and they are facing an excess of employees in their company.  and that is why Google’s CEO Declared a layoff of 12000 employees from their company for protecting their balance sheet. and improve their business.. use this money for their future project.

Many workers who are currently working in Google are facing insecurity for their job. and they think that they might have lost their job at Google. during the pandemic, Google hired many employees in their company. but now they want to lay off their employees due to Financial crises. 

Google also announced that they want to launch their own AI GPT  in the next year.and their search engine will also be linked with their AI. 

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

Alphabet, the parent company of Google, said on Friday that it planned to cut 12,000 jobs, becoming the latest technology company to reduce its workforce because of concerns about a broader economic slowdown, after a hiring spree during the pandemic.

The job cuts are the company’s largest ever, amounting to about 6 percent of its global workforce. Sundar Pichai, the chief executive, said Alphabet had expanded too rapidly during the pandemic, when demand for digital services boomed, and must refocus on products and technology core to its future, like artificial intelligence.

“We hired for a different economic reality than the one we face today,” Mr.Pichai made the announcement in a memo to employees posted on the company’s website.

Google joins the list of tech companies that have laid off workers after concluding they are overworked, believing the pandemic-driven boom represents the new normal. Amazon, Meta, Microsoft, Salesforce and Twitter have announced thousands of job cuts.

Tech companies have Laid off more than 190,000 jobs since the beginning of 2022, according to Layoffs. a website that tracks the industry.
The move marks the end of a period of rapid growth in the tech industry, which has competed for generous benefits and well-paid workers. Founded in 1998, Google has helped define a work culture that has impacted businesses beyond Silicon Valley.

Alphabet, headquartered in Mountain View, California, had approximately 187,000 employees as of the end of September, up from 150,000 the previous year.

Layoffs at Big Tech Companies
Several tech companies are now exiting after the pandemic hiring boom.
A growing list: Alphabet, Microsoft, IBM and Spotify are among the latest tech giants to layoffs their employees due to fears of an economic downturn.
Small Changes: Some of the biggest tech farms have grown significantly during the pandemic, adding tens of thousands of employees. Due to recent layoffs, some of our hirings have changed.
Tech Generation Gap: Tech industry’s recent layoffs have opened the eyes of younger workers. But for older employees who survived for layoff decision, this came as little shock.
No more free money. A dream come true for many tech companies. One explanation that is largely unaccepted is the abrupt end of the era of the lowest interest rates.
In a memo titled Difficult Decisions Building Us for the Future,” Mr. Pichai, in memo
“Difficult Decisions Building Us for the Future,” describes Mr. Pichai’s geography, job function, and location.
This future will intensify competition from competitors offering new ways to search for information on the Internet. ChatGPT, a welknown chatbot created by OpenAI, surprised users with clear written responses to questions and requests.

“This is an important moment to sharpen our focus, realign our cost base, and put our talent and capital our top priorities,” said Pichai. “Limiting in some areas can make big bets in others.”

Last month Google published a “code red” response to ChatGPT.
Pichai is flipping existing projects to focus on artificial intelligence. With headcount cuts, Google has scaled back efforts that aren’t priorities.

Google Research, an axis of artificial intelligence. Jeff Dean, senior vice president of research, health, and A, announced initiatives to reduce roles in areas that have received less attention, including healthcare, according to an email.
The company plans to optimize its investment in Google for Clinicians, a tool for healthcare providers. Google and Alphabet have also joined forces in robotics despite giving salaries to their employees
Google Cloud, which has been hired at a breakneck pace over the last several years, also saw cuts. “Today’s news primarily impacted positions that were non-customer facing, non-engineering and operational in nature,” Thomas Kurian, Google Cloud’s chief executive, wrote in an email to employees. He added that the division would continue to hire in strategic areas, including product development and customer-related roles, to bolster its growth.

X, Alphabet’s “moonshot factory,” which incubates new companies, fired members of its strategy and business operations team, said two people with knowledge of the cuts, who were not authorized to discuss them. Many of the companies that were created in X have struggled to generate significant revenue and become profitable.
There were cuts in other parts of the company. Google has laid off 16% of the Fuchsia team, which employs about 400 people, on the operating system for the company’s home devices. There have been layoffs in the data center team. Other engineers, user experience researchers, and product designers have also been affected.

Alphabet and other tech giants promise to cut back on their workforce and become more efficient, but they’re still making huge profits.
In 2021, Alphabet generated $76 billion in revenue and nearly $258 billion in revenue.

The Alphabet Labor Union, which represents 1,100 members, raised its voice in criticism against this Layoff. decision

union president Parula Cole said in her statement, “Our jobs should not be wasted while the profits and compensation of billions of executives remain intact.”


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