Google parent to lay off 12,000 workers in latest blow to tech sector

Google parent to lay off 12,000 workers in latest blow to tech sector

Sundar Pichai, CEO, Alphabet

Lluis Gene | AFP | Getty Images

Google’s parent Alphabet is eliminating about 12,000 jobs, or 6% of its workforce, the company said Friday, in the latest cuts to shake the technology sector.

Sundar Pichai, Alphabet’s CEO, said in a staff memo shared with Reuters that the company had rapidly expanded headcount in recent years “for a different economic reality than the one we face today.”

“I take full responsibility for the decisions that led us here,” he said.

The cuts…


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