Google's Parent Company Accidentally Destroys Thousands of Jobs in Tech Industry

In a staff memo shared with Reuters, Alphabet's Chief Executive Officer announced the company would be cutting 12,000 positions. This is the most recent blow to the tech industry, coming shortly after Microsoft proclaimed that 10,000 employees would be laid off. The job losses will affect recruiting, corporate functions, engineering, and products teams.

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Google announced layoffs worldwide

Google announced that the layoffs are worldwide and will affect US personnel right away, during a time of economic uneasiness and technological advancement. They, alongside Microsoft, have been investing in the fresh field of generative artificial intelligence.

Sundar Pichai, Alphabet's CEO, asserted in a statement that he was sure about the vast opportunity that lies ahead of them due to the strength of their mission, the worth of their products and services, and the early investments in AI.