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Google is cutting 12,000 jobs, which is the latest in a string of layoffs by big tech companies in January

Fearing a global economic slowdown, Google has announced that it will lay off 12,000 employees.

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On Friday, Google joined the ranks of other industry giants by announcing that it will be laying off around 12,000.

Google May Layoff 10 000 Begins Identifying Low Performers Report - BW Businessworld

CEO Sundar Pichai emailed all of Google’s staff to let them know that the business has already alerted affected employees in the United States.
Pichai added that the process of laying off employees would take longer in other nations due to their own legal systems.

About 6% of Google’s total worldwide workforce is affected by the layoffs.
It is unclear what percentage of the jobs are located in the United States.

Big Tech employees have had a rough January.
On Thursday, Microsoft said that it would be laying off around 5% of its staff, or 10,000 people.
Both Amazon and Salesforce have had layoff announcements made in the past month.

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As a result of rampant hiring during the pandemic, employers say they are finding themselves in a difficult position to make layoffs as the economy remains unstable.

“There have been times of tremendous expansion over the past two years.
We made hires anticipating a more favourable economic climate in order to keep up with, and even drive, that expansion “said Pichai in an internal email and a public filing with regulators.

Written by Ajit Karn

Ajit Karn is blogger and writer, he has been writing for several top news channels since a decade. His blogs & notions have quality contents.

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