Sunday, 17 Nov 2024

Google parent firm Alphabet to cut 12,000 jobs worldwide

Google parent firm Alphabet to cut 12,000 jobs worldwide


Google parent firm Alphabet to cut 12,000 jobs worldwide
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Other job cuts in the US tech industry in recent months include 18,000 redundancies at Amazon, 11,000 at the Facebook owner, Meta, and 8,000 at the business software company Salesforce.

Tech firms laid off more than 150,000 workers globally last year, according to the website Layoffs.fyi, with a further 38,800 layoffs already announced in 2023.

Dan Ives, an analyst at the US financial services firm Wedbush Securities, said the across-the-board job cuts reflected previously buoyant tech companies responding to a much tougher global economic environment.

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