The parent firm of Google, Alphabet, will eliminate 12,000 positions, the most recent round of layoffs to affect the tech sector.
In an internal email, Sundar Pichai, the CEO of Google and Alphabet, stated that he accepted “full responsibility” for the downsizing.
6% of Alphabet’s employees worldwide, including those in the engineering and recruitment departments, will be affected by the layoffs.
This comes after Amazon eliminated 18,000 employees and Microsoft cut 10,000 jobs, respectively, in recent weeks.
Staff members “worked so hard” in their positions, Mr. Pichai said, adding that their “contributions have been important.”
He stated: “We will support staff as they hunt for their next opportunity, despite the fact that this transition won’t be simple”.
Without counting those revealed by Alphabet on Friday, approximately 194,000 industry workers have lost their employment in the US since the year 2022 began, according to the tech portal Layoffs.fyi.
Due to the rampant inflation and rising interest rates, which have hindered growth, Hewlett Packard and cloud computing behemoth Salesforce also made significant cuts this month.