Google to slash 12,000 jobs as tech industry layoffs surge

, or nearly 5% of its workforce. Also in January, Amazon said it would cut 18,000 jobs, Facebook parent Meta announced it is eliminating 11,000 positions and software maker Salesforce said it would shed 7,000 workers. Netflix, Peloton, Twitter and other industry players have also announced sizable layoffs or scaled back hiring in recent months.

Job cuts are hitting smaller players as well. U.K.-based cybersecurity firm Sophos laid off 450 employees, or 10% of its global workforce. Cryptocurrency trading platform, about 950 jobs, in its second round of layoffs in less than a year.

COVID 19 pandemic expansions? Translation: we needed more people to stop the truth from coming out.

12000 unemployed workers and managers is something more than a trim.

The same company that just bought the rights to Sunday Ticket for 2 Billion per year

On the positive side,at least they waited until the holiday’s. I still think it has to do with them actually paying taxes this year

Technology Technology Latest News, Technology Technology Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Google Parent Alphabet to Cut 12,000 JobsThe company’s largest-ever round of layoffs follows a wave of reductions at other technology companies in recent months, including Microsoft, Amazon and Meta. Another big tech company lays of thousands. What do they know? I hate to see people lose their jobs. You guys demonized Elon for being ahead of the Curve
Source: WSJ - 🏆 98. / 63 Read more »

Google-parent Alphabet is cutting 12,000 jobs | CNN BusinessGoogle parent Alphabet is eliminating about 12,000 jobs, or 6% of its workforce, the company said Friday, in the latest cuts to shake the technology sector. Forget the job market! Work never had a future to start with and never will it have one. Work is about helping a capitalist to eliminate his competitors with the latest robots. How did Google ever get a 'parent company'. What does Alphabet do, how did it get big enough to buy Google? Distibute meth and cocaine for the Mexican cartels? So they’re laying off the FBI employees or no?
Source: CNN - 🏆 4. / 95 Read more »