Current:Home > InvestGoogle is cutting 12,000 jobs, adding to a series of Big Tech layoffs in January -Thrive Success Strategies
Google is cutting 12,000 jobs, adding to a series of Big Tech layoffs in January
View
Date:2025-04-18 09:31:47
Google is the latest tech giant to announce a massive layoff: the company announced on Friday that it is slashing about 12,000 jobs.
The company already has notified affected employees in the United States, CEO Sundar Pichai wrote in an email to all Google employees. Layoffs will take longer in other countries due to local laws, Pichai said.
The job cuts represent about 6% of Google's global workforce. It is not clear how many of those jobs are in the U.S.
January has been a brutal month for Big Tech workers. Microsoft announced sweeping layoffs Thursday and is cutting 10,000 jobs, or about 5% of its workforce. Amazon and Salesforce announced layoffs earlier this month.
The companies say they hired rapidly during the pandemic and now have to make serious cuts amid an uncertain economy.
"Over the past two years we've seen periods of dramatic growth. To match and fuel that growth, we hired for a different economic reality than the one we face today," wrote Pichai in the email to staff posted online and in a regulatory filing.
The layoffs also come as major tech companies like Google pivot to artificial intelligence. But expanding on early investments comes with "tough choices," Pichai wrote.
The job cuts will hit employees throughout parent company Alphabet and across "product areas, functions, levels and regions," he said.
In addition to cuts at big tech companies, there have been layoffs on Wall Street. Goldman Sachs said it was planning to lay off about 3,200 employees in one of the biggest cuts since the 2008 financial crisis.
veryGood! (5)
Related
- Federal hiring is about to get the Trump treatment
- Opening statements set to kick off second criminal trial for Sen. Bob Menendez
- Miss Teen USA runner-up Miss NY Teen declines position amid UmaSofia Srivastava's resignation
- The WNBA’s challenge: How to translate the Caitlin Clark hype into sustained growth for the league
- Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
- 'Judge Judy' suing National Enquirer owner over Menéndez brothers article
- Lies, loyalty and a gag order upheld: Tuesday’s Trump hush money trial takeaways
- 2 Americans among those arrested at Georgia protest against controversial foreign agents law
- Trump invites nearly all federal workers to quit now, get paid through September
- Boxer Sherif Lawal dies after being knocked out in professional debut in London
Ranking
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Lionel Messi is no fan of new MLS rule: Why his outspoken opposition may spark adjustment
- Horoscopes Today, May 13, 2024
- Fed's Powell says high interest rates may 'take longer than expected' to lower inflation
- DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
- Astrologer Susan Miller Reveals What the Luckiest Day of the Year Means for Each Zodiac Sign
- United Methodists scrap their anti-gay bans. A woman who defied them seeks reinstatement as pastor
- These jeans that make you look like you wet yourself cost $800 – and sold out. Why?
Recommendation
Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
AMC, BlackBerry shares surge along with GameStop. Here's why meme stocks are back.
8 killed, dozens injured when bus carrying farmworkers crashes, overturns in Florida
'Everyone accused me of catfishing': Zayn Malik says he was kicked off Tinder
Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
How many points did Caitlin Clark score? What No. 1 pick did in WNBA debut
Travis Kelce Details Attending Taylor Swift's Paris Eras Tour Show With Gigi Hadid and Bradley Cooper
Westminster dog show is a study in canine contrasts as top prize awaits