By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Newsunplug KenyaNewsunplug KenyaNewsunplug Kenya
  • News
    • Metro
    • Politics
    • Business
  • Entertainment
  • Lifestyle
  • Sports
  • Tech
  • Spotify
Reading: Google parent Alphabet to cut 12,000 jobs worldwide
Share
Notification Show More
Font ResizerAa
Newsunplug KenyaNewsunplug Kenya
Font ResizerAa
  • News
  • Entertainment
  • Lifestyle
  • Sports
  • Tech
  • Spotify
  • News
    • Metro
    • Politics
    • Business
  • Entertainment
  • Lifestyle
  • Sports
  • Tech
  • Spotify
Have an existing account? Sign In
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Newsunplug Kenya > Blog > Tech > Google parent Alphabet to cut 12,000 jobs worldwide
Tech

Google parent Alphabet to cut 12,000 jobs worldwide

new5nuke
Last updated: January 23, 2023 10:27 pm
new5nuke
2 years ago
Share
SHARE

Google’s parent company Alphabet announced about 12,000 job cuts globally citing a changing “economic reality”, becoming the latest US tech giant to enact large-scale restructuring.

Alphabet layoffs come a day after Microsoft said it would reduce staff numbers by 10,000 in the coming months, following similar cuts by Facebook owner Meta, Amazon and Twitter as the previously unassailable tech sector battles a major economic downturn.

“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,” Alphabet CEO Sundar Pichai said in an email to employees.

Read: Tax discounts cost Kenya Power ksh 2.1 billion 

“We’ve undertaken a rigorous review across product areas and functions to ensure that our people and roles are aligned with our highest priorities as a company,” Pichai said, adding that the workforce would be reduced by around 12,000 roles.

Alphabet employed nearly 187,000 workers worldwide at the end of September 2022. The cuts represent a little over 6 percent of its total workforce.

Pichai said American employees have already been notified about the cuts while reductions in other countries will take longer due to local labour laws.

READ MORE  WhatsApp is finally introducing ads

The cuts will be “across departments, functions, levels of responsibility and regions,” Pichai added.

“The fact that these changes will impact the lives of Googlers weighs heavily on me, and I take full responsibility for the decisions that led us here.”

According to tech site Layoffs.fyi, nearly 194,000 industry employees have lost their jobs in the US since the beginning of 2022, not including those announced by Alphabet on Friday.

Hewlett Packard and cloud computing giant Salesforce also announced major cuts this month as rampant inflation and rising interest rates have slowed growth.

US tech giants have also been facing scrutiny in the European Union, which has started enforcing regulations to stop them avoiding tax, stifling competition, profiting from news content without paying and serving as platforms for disinformation and hate.

TDK, an Apple supplier, claims that a breakthrough in battery technology can improve the performance of wearable gadgets
Kenyan woman gets top prize for AI breakthrough addressing pests and diseases.
Twitter Is Refusing To Pay Its Google Cloud Bills, Platformer Reports
Rockstar Games to announce GTA 6 on May 17
Kenyan tech firm modernises Liberia’s revenue collection
Share This Article
Facebook Email Print
Previous Article Ruto signs IEBC Bill into law to guide hiring of new commissioners
Next Article DP Gachagua ‘threatens’ Samidoh with disciplinary action
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

about us

We influence 20 million users and is the number one business and technology news network on the planet.

Recent Posts

  • Tottenham have a cash reserve that could almost pay for Morgan Gibbs-White
  • AC Milan confirm Modric arrival
  • Uasin Gishu Governor Jonathan Bii reshuffles Chief Officers
  • Kenyan couple arrested for exploiting their children, aged 13, 7 and 4 in online s3x ring
  • Nine arrests in Spain after anti-migrant unrest

Recent Comments

No comments to show.
Newsunplug KenyaNewsunplug Kenya
© Newsunplug Kenya. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?