Jan 20 (Reuters) - Google's parent Alphabet Inc (GOOGL.O) is eliminating about 12,000 jobs, or 6% of its workforce, the company said Friday, in the latest cuts to shake the technology sector.
Sundar Pichai, Alphabet's CEO, said in a staff memo shared with Reuters that the company had rapidly expanded headcount in recent years "for a different economic reality than the one we face today."
"I take full responsibility for the decisions that led us here," he said.
The cuts come days after rival Microsoft Corp (MSFT.O) said it would lay off 10,000 workers.
Alphabet's job losses affect teams across the company including recruiting and some corporate functions, as well as some engineering and products teams.
The layoffs are global and impact U.S. staff immediately.
Alphabet has already emailed affected employees, the memo said, while the process will take longer in other countries due to local employment laws and practices.
The news comes during a period of economic uncertainty as well as technological promise, in which Google and Microsoft have been investing in a burgeoning area of software known as generative artificial intelligence.
"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," Pichai said in the note.
Reuters was first to report the news.
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codebros... we got too cocky
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The Google people on blind were pooping on Capital One yesterday and Microsoft was telling them to not get cocky, and we got this today. This is hilarious to me.
The H1Bs are pooping their pants right now lol
Krayon sexually assaulted his sister.
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Really? The sexy Indian CEO has been hinting at layoffs for months now.
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The Google people at Blind were defending him because at the last all-hands meeting he dodged the question like any corp speak but people are dumb and don't realize that he's not going to say yes or no so they took it as a "no" because he said they are trying to avoid it, which means "yes" to me but I've been around the block with corps so I know how these people speak.
Krayon sexually assaulted his sister.
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I'm guessing they somehow didn't see this talk about efficiency and laying people off.
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Something common with wagies is that they all hear wayyyy ahead of time rumors of layoffs. IME, you hear them for months prior to it happening. But most wagies try to fool themselves into thinking they are safe, or try to ignore them thinking they'll go away. When I got laid off from AT&T, I heard rumors a year ahead of time but I worked for a telecom that was bought out by AT&T, so I kinda knew it was going to happen but just rode it out until I could get that sweeeet severance. I somehow survived every layoff after that, but even so we heard rumors way in advance.
Krayon sexually assaulted his sister.
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The smug Google posters are so annoying and prevalant. Enter every thread to brag about how G is different and reply to any critique with "try interviewing again next year" like a cult member, but now they got their dose of reality
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I know. Their smugposting just yesterday is what makes this so sweet. lol
Krayon sexually assaulted his sister.
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Is this what people do all day on Blind? Suck corporate peepee?
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Is it the coders that are being let go? Or more of the DIE and human resource types?
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Scrum masters and PMs
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And nothing of value was lost
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from what i got from the article it seems they're firing people from both
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SDEs have been affected at all the other layoffs in FAANG
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