Sundar Pichai, CEO of Alphabet, the company that owns Google, informed staff members of the 12,000 job cuts in an internal email. The change is anticipated to have an impact on employees both domestically and abroad.
About 6% of Alphabet’s overall staff was affected by the reductions.
Pichai claims that the layoffs will affect all locations, levels, and product categories.
“The fact that these changes will impact the lives of Googlers weighs heavily on me, and I take full responsibility for the decision that led us here,” he said in the email.
The employer is providing settlements, incentives, and health insurance to affected employees as part of the severance package.
This is the most recent shock to the IT industry, which has seen major players like Microsoft, Meta, and Salesforce all reduce their workforces.
Alphabet is preparing to provide new AI experiences for consumers, developers, and companies, just like Microsoft did.
“We have a substantial opportunity in front of us with AI across our products and are prepared to approach it boldly and responsibly,” Pichai said.
