Alphabet Inc., the parent company of Google, announced last month that 12,000 employees, or 6% of its total headcount, would be let go as a cost-cutting measure.
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There have been 453 layoffs at Google India across a number of departments. Late on Thursday night, the news arrived. According to the report, Sanjay Gupta, vice president and country head for Google India. Sent an email to the concerned workers. Sundar Pichai, CEO of Google, sent a letter to the company’s staff members. In which he claimed “full responsibility for the choices that brought us here.” ” To those US employees who are impacted, we have already sent a separate email. “This process will take longer in other nations due to customs and laws there,” he said.
Pichai informed the staff of the company’s “rigorous review of product areas and functions to ensure our people and roles are aligned with our top priorities as a company” in an email sent on January 20. These layoffs at Google’s operations in India are part of a recent wave of layoffs in the tech industry. Due to macroeconomic challenges, tech behemoths such as Alphabet, Meta, Microsoft, and Amazon announced significant Source:layoffs. Microsoft announced in January that it would let go of 10,000 workers, or close to 5% of its workforce. The parent company of Facebook, Meta, also carried out a similar exercise and cut 11,000 jobs worldwide. Similar to this, Amazon announced in November that it was firing 18,000 people globally. Twitter’s $44 billion acquisition by Elon Musk in late October also included an announcement that 3,700 employees would be let go.
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It’s important to note that layoffs have become a trend in the tech sector recently. With significant job cuts also announced by other major companies like Microsoft, Meta (formerly Facebook), Amazon, and Twitter. Macroeconomic factors and the need for businesses to streamline their operations and reduce costs most likely caused these layoffs. While it’s unfortunate that so many people are being affected by these layoffs. It’s crucial to keep in mind that businesses have a duty to their shareholders to maintain profitability and make competitive decisions. However, it’s also crucial for businesses to treat workers fairly and respectfully. Throughout the layoff process, as well as to offer assistance and resources to help those affected find new employment.
