Google’s parent company Alphabet is now laying off 12,000 employees, or about 6 percent of its workforce, globally, the media reported on Friday.
Alphabet and Google CEO Sundar Pichai, in an internal memo accessed first by Reuters, announced the layoffs that are across the verticals, including engineering, product, recruiting, and corporate teams.
The layoffs at Google’s parent company were expected amid the deepening funding winter that has hit companies of all sizes in the global slowdown and recession fears.
Microsoft Chairman and CEO Satya Nadella said earlier this week that the company will be “making changes that will result in the reduction of our overall workforce by 10,000 jobs through the end of FY23 Q3 (third quarter)”.
More than 1,600 tech employees are being laid off per day on average in 2023 globally, including in India, and the sacking episodes have gained speed amid the global economic meltdown and recession fears.
The year 2023 has begun on a bad note for tech workers globally as 91 companies have laid off more than 24,000 tech employees in the first 15 days this month, signaling worse days ahead.
Amazon announced laying off 18,000 employees globally, including nearly 1,000 in India.
Cyber-security company Sophos is laying off about 450 people globally including in India — which is 10 percent of its workforce — to achieve “the optimal balance of growth and profitability”.
