WASHINGTON: Google’s parent company Alphabet is going to lay off employees on a large scale.
The company announced on Friday that it has decided to lay off 12,000 employees, or 6 percent of its workforce.
According to the news agency AFP, 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.”
He said the decision was taken “due to the changed economic reality that we are facing today”.
He said, “I take full responsibility for the decisions that have led us to this point.”
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.
“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.
According to the news agency Reuters, this decision will affect many teams of the entire company. The company has given information to the people affected by this decision in America.
In other countries, this process may take some time to complete.
A few days ago, Microsoft had given information about the removal of 10 thousand people from the job.