California: Google’s parent company, Alphabet, is trimming its workforce through its global recruitment team because the tech giant has been hiring at a consistently slow pace, as reported on Wednesday.
The decision to lay off a few hundred employees is not a part of a widespread downsizing effort, and an important majority within the team will be retained to appoint crucial roles. This will also assist employees in finding roles within the company and elsewhere.
Alphabet becomes the first “big tech” company this quarter to trim its workforce, following aggressive cuts made by counterparts like Meta, Microsoft, and Amazon at the beginning of 2023 due to the pandemic-induced economic downturn.
Alphabet cut 12,000 jobs in January
In January, Alphabet, headquartered in California, cut approximately 12,000 jobs, resulting in a 6% reduction in its workforce.
Alphabet, the parent of Google, has laid off hundreds of people through its global recruitment team.
In January, Alphabet, headquartered in California, cut approximately 12,000 jobs. Google’s parent company, Alphabet, is trimming its workforce through its global recruitment team because the tech giant has been hiring at a consistently slow pace, as reported on Wednesday.
The decision to lay off a few hundred employees is not a part of a widespread downsizing effort, and an important majority within the team will be retained to appoint crucial roles. This will also assist employees in finding roles within the company and elsewhere.
Alphabet becomes the first “big tech” company this quarter to trim its workforce, following aggressive cuts made by counterparts like Meta, Microsoft, and Amazon at the beginning of 2023 due to the pandemic-induced economic downturn.
In January, Alphabet, headquartered in California, cut approximately 12,000 jobs, resulting in a 6% reduction in its workforce.
According to a report by the job firm Challenger, Gray & Christmas, layoffs in the United States increased by over three times in August compared to July and nearly quadrupled compared to a year ago.
Economists surveyed by Reuters had estimated that the state claims for unemployment benefits would increase by around 8% in the week ending September 9, up from 13,000 to 216,000 in the past seven days.