Google is to lay off 12,000 employees amid something of a pandemic reckoning for technology companies that recruited heavily in recent years and are now facing harsh realities of a cooling economy. In an email sent to employees today, Sundar Pichai, CEO of Google and its parent Alphabet, said: “Over the past two years we’ve seen periods of dramatic growth. To match this and fuel that growth, we hired for a different economic reality than the one we face today.” In calendar Q1 of 2020,… Source link
Read More »Google to lay off 12,000 employees after ‘rigorous review’ • The Register
