Google is the most recent corporate titan to reveal a massive layoff
the business said on Friday that it is eliminating 12,000 positions.
CEO Sundar Pichai informed all Google workers via email that the business has previously informed affected
employees in the US. According to Pichai, local restrictions in other nations will make layoffs take longer.
The layoffs affect around 6% of Google's total employees worldwide.
For those who work in big IT, January has been especially difficult.
On Thursday, Microsoft announced massive layoffs, axing 10,000 positions, or nearly 5% of its workforce.
On Thursday, Microsoft announced massive layoffs, axing 10,000 positions, or nearly 5% of its workforce.
"Periods of significant development have been seen during the previous two years.
"Periods of significant development have been seen during the previous two years.
We hired employees for a different economic reality than the one we currently confront in order to match and drive that growth,
"In an email to staff that was published online and in a regulatory filing, Pichai said.
"In an email to staff that was published online and in a regulatory filing, Pichai said.