Google parent to lay off 12,000 workers in latest blow to tech sector

Google's genitor Alphabet is eliminating astir 12,000 jobs, oregon 6% of its workforce, the institution said Friday, successful the latest cuts to shingle the exertion sector.

Sundar Pichai, Alphabet's CEO, said successful a unit memo shared with Reuters that the institution had rapidly expanded headcount successful caller years "for a antithetic economical world than the 1 we look today."

"I instrumentality afloat work for the decisions that led america here," helium said.

The cuts travel days aft rival Microsoft said it would laic disconnected 10,000 workers.

Alphabet's occupation losses impact teams crossed the institution including recruiting and immoderate firm functions, arsenic good arsenic immoderate engineering and products teams.

The layoffs are planetary and interaction U.S. unit immediately.

Alphabet has already emailed affected employees, the memo said, portion the process volition instrumentality longer successful different countries owed to section employment laws and practices.

The quality comes during a play of economical uncertainty arsenic good arsenic technological promise, successful which Google and Microsoft person been investing successful a burgeoning country of bundle known arsenic generative artificial intelligence.

"I americium assured astir the immense accidental successful beforehand of america acknowledgment to the spot of our mission, the worth of our products and services, and our aboriginal investments successful AI," Pichai said successful the note.

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