{"id":541386,"date":"2023-01-20T15:44:56","date_gmt":"2023-01-20T12:44:56","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/google-announces-12000-job-cuts\/"},"modified":"2023-01-20T15:44:56","modified_gmt":"2023-01-20T12:44:56","slug":"google-announces-12000-job-cuts","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/google-announces-12000-job-cuts\/","title":{"rendered":"#Google announces 12,000 job cuts"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a2f4b6e2719c\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a2f4b6e2719c\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/google-announces-12000-job-cuts\/#%E2%80%9CGoogle_announces_12000_job_cuts%E2%80%9D\" >&#8220;Google announces 12,000 job cuts&#8221;<\/a><ul class='ez-toc-list-level-2' ><li class='ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/google-announces-12000-job-cuts\/#%E2%80%98Unsustainable\" >&#8216;Unsustainable&#8217;<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9CGoogle_announces_12000_job_cuts%E2%80%9D\"><\/span>&#8220;Google announces 12,000 job cuts&#8221;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div>\n<div class=\"article-gallery lightGallery\">\n<div data-thumb=\"https:\/\/scx1.b-cdn.net\/csz\/news\/tmb\/2023\/alphabet-and-google-ce.jpg\" data-src=\"https:\/\/scx2.b-cdn.net\/gfx\/news\/2023\/alphabet-and-google-ce.jpg\" data-sub-html=\"Alphabet and Google CEO Sundar Pichai announced about 12,000 job cuts globally, as his company became the latest US tech giant to enact large-scale restructuring.\">\n<figure class=\"article-img\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/scx1.b-cdn.net\/csz\/news\/800a\/2023\/alphabet-and-google-ce.jpg\" alt=\"Alphabet and Google CEO Sundar Pichai announced about 12,000 job cuts globally, as his company became the latest US tech giant t\" title=\"Alphabet and Google CEO Sundar Pichai announced about 12,000 job cuts globally, as his company became the latest US tech giant to enact large-scale restructuring.\" width=\"800\" height=\"530\"\/><figcaption class=\"text-darken text-low-up text-truncate-js text-truncate mt-3\">\n                Alphabet and Google CEO Sundar Pichai announced about 12,000 job cuts globally, as his company became the latest US tech giant to enact large-scale restructuring.<br \/>\n            <\/figcaption><\/figure>\n<\/div>\n<\/div>\n<p>Google&#8217;s parent company Alphabet announced about 12,000 job cuts globally on Friday citing a changing &#8220;economic reality&#8221;, becoming the latest US tech giant to enact large-scale restructuring.<\/p>\n<p>The layoffs come a day after Microsoft said it would reduce staff numbers by 10,000 in the coming months, following similar cuts by <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Facebook<\/a> owner Meta, Amazon and Twitter as the previously unassailable tech sector battles a major economic downturn.<\/p>\n<p>&#8220;Over the past two years we&#8217;ve seen periods of dramatic growth. To match and fuel that growth, we hired for a different economic reality than the one we face today,&#8221; Alphabet CEO Sundar Pichai said in an email to employees.<\/p>\n<p>&#8220;We&#8217;ve undertaken a rigorous review across product areas and functions to ensure that our people and roles are aligned with our highest priorities as a company,&#8221; Pichai said, adding that the workforce would be reduced by around 12,000 roles.<\/p>\n<p>&#8220;The roles we&#8217;re eliminating reflect the outcome of that review.&#8221;<\/p>\n<p>Alphabet employed nearly 187,000 workers worldwide at the end of September 2022. The cuts represent a little over 6 percent of its total workforce.<\/p>\n<p>Pichai said American employees have already been notified about the cuts while reductions in other countries will take longer due to local labour laws.<\/p>\n<p>The cuts will be &#8220;across departments, functions, levels of responsibility and regions,&#8221; Pichai added.<\/p>\n<p>&#8220;The fact that these changes will impact the lives of Googlers weighs heavily on me, and I take full responsibility for the decisions that led us here.&#8221;\n<\/p>\n<h2><span class=\"ez-toc-section\" id=\"%E2%80%98Unsustainable\"><\/span>&#8216;Unsustainable&#8217;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Pichai announced severance packages for US employees, who will receive at least 16 weeks of salary, their 2022 bonus, paid vacations and six months of health coverage.<\/p>\n<p>He said he remained &#8220;optimistic about our ability to deliver on our mission, even on our toughest days.&#8221;<\/p>\n<p>Wall Street welcomed the cuts: Alphabet shares rose by 3.5 percent in electronic trading before the stock market opened.<\/p>\n<p>Analysts have said tech&#8217;s big guns had previously overspent, not seeing a slowdown on the horizon.<\/p>\n<p>Daniel Ives of Wedbush Securities said the layoffs highlight irresponsible spending across a sector basking in &#8220;hypergrowth&#8221;.<\/p>\n<p>&#8220;The reality is tech stalwarts overhired at a pace that was unsustainable and now darker macro is forcing these layoffs across the tech space,&#8221; he said.<\/p>\n<p>According to tech site Layoffs.fyi, nearly 194,000 industry employees have lost their jobs in the US since the beginning of 2022, not including those announced by Alphabet on Friday.<\/p>\n<p>Hewlett Packard and cloud computing giant Salesforce also announced major cuts this month as rampant inflation and rising interest rates have slowed growth.<\/p>\n<p>US tech giants have also been facing scrutiny in the European Union, which has started enforcing regulations to stop them avoiding tax, stifling competition, profiting from <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">news<\/a> content without paying and serving as platforms for disinformation and hate.<\/p>\n<p class=\"article-main__note mt-4\">\n                                                \u00a9 2023 AFP<\/p>\n<p>                                        <!-- print only --><\/p>\n<div class=\"d-none d-print-block\">\n<p>                                                <strong>Citation<\/strong>:<br \/>\n                                                Google announces 12,000 job cuts (2023, January 20)<br \/>\n                                                retrieved 20 January 2023<br \/>\n                                                from https:\/\/techxplore.com\/news\/2023-01-google-job.html<\/p>\n<p>                                            This document is subject to copyright. 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Google&#8217;s parent company Alphabet announced about 12,000 job cuts globally on Friday citing a changing &#8220;economic reality&#8221;, becoming the latest US tech giant to enact&#8230;<\/p>\n","protected":false},"author":1,"featured_media":541387,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/scx2.b-cdn.net\/gfx\/news\/2023\/alphabet-and-google-ce.jpg","fifu_image_alt":"","footnotes":""},"categories":[16],"tags":[],"class_list":["post-541386","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sciencee"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/541386","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=541386"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/541386\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/541387"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=541386"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=541386"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=541386"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}