Google cuts 12,000 jobs as tech industry freezes hiring amid economic downturn
Channel: The Donut News
Date: 2023-01-21

Tech giant Google is cutting 12,000 jobs, or 6% of its workforce, as the economic boom that the industry rode during the COVID-19 pandemic ebbs. This is one of the company’s biggest-ever round of layoffs and adds to tens of thousands of other job losses recently announced by tech companies such as Microsoft, Amazon, and Facebook. Alphabet CEO Sundar Pichai said the layoffs reflect a “rigorous review” carried out by Google of its operations, and that the jobs being eliminated “cut across Alphabet, product areas, functions, levels and regions.” The tech industry has been forced to freeze hiring and cut jobs as the clock has struck midnight on hyper growth and digital advertising headwinds are on the horizon.

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