Google makes the tough decision of laying off 12,000 employees due a “different economic reality”
A new report has emerged that talks about how Alphabet, Google’s parent company, is preparing to lay off 12,000 employees. Google and Alphabet CEO Sundar Pichai takes responsibility for the cuts and talks about how the company is currently facing a “different economic reality” than anticipated. Google has already started contacting employees in the U.S. about their termination, while in several regions, employees will still have a few more weeks due to labor laws. The blog sees Pichai talking about how this is one of the toughest decisions of the company but also talks about how there are opportunities for Google to go ahead. Pichai has talked about how the early investments in AI have ensured that the company is on solid ground. Furthermore, Pichai has laid down some ground rules for the employees being laid off in the U.S. You can read the entire blog post here.
