Google slashes 12,000 jobs | IT Business

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Sundar Pichai, CEO of Google’s parent company Alphabet, announced Statement And in an email to US-based affected employees, that the company would cut about 12,000 jobs, or six percent of its workforce.

Pichai said the process of notifying affected employees in other countries will take longer due to local laws and practices.

This round of layoffs adds to thousands of job cuts recently announced by Microsoft, Amazon, Meta and Twitter. At least 48,000 jobs have been cut by major tech companies since the beginning of this year.

Pichai echoed the same reasons other companies have for reducing Google’s headcount: tough economic days, a ballooning workforce during the pandemic that makes for “a different reality.” [Google] today’s faces” and big bets on AI that demand “hard choices”.

“We have conducted 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. “The roles we are eliminating reflect the outcome of that review. They cut across alphabets, product sectors, functions, levels and regions.

Affected employees in the US will receive a full notice period (minimum 60 days), a severance package starting at two weeks with 16 weeks of pay for each additional year at Google, a 2022 bonus, and remaining vacation time, six months of health The service will receive job placement services, and immigration support.

According to the company, employees outside the US will be supported in line with local practices.

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