Google parent to lay off 12,000 workers

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 66%

Technology Technology Headlines News

Technology Technology Latest News,Technology Technology Headlines

Alphabet Inc is eliminating 12,000 jobs, its chief executive said in a staff memo shared with Reuters. The cuts mark the latest to shake the technology sector and come days after rival Microsoft

Alphabet Inc is eliminating 12,000 jobs, its chief executive said in a staff memo shared with Reuters.The job losses affect teams across the company including recruiting and some corporate functions, as well as some engineering and products teams.The news comes during a period of economic uncertainty as well as technological promise, in which Google and Microsoft have been investing in a fledgling area of software known as generative artificial intelligence.

Sundar Pichai, Alphabet's CEO, said in the note:"I am confident about the huge opportunity in front of us thanks to the strength of our mission, the value of our products and services, and our early investments in AI."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Are programmers working to their own redundancy with automation and AI?...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in TECHNOLOGY

Technology Technology Latest News, Technology Technology Headlines