Yao84
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avatarYao84
2023-01-20

Google's parent firm to lay off 12,000 workers

The cuts mark the latest to shake the technology sector and come days after rival Microsoft Corp said it would lay off 10,000 workers. The cuts mark the latest to shake the technology sector and come days after rival Microsoft Corp said it would lay off 10,000 workers. Published January 20, 2023 Updated January 20, 2023 DAVOS — Google's parent Alphabet Inc is eliminating about 12,000 jobs, or 6 per cent of its workforce, the company said Friday (Jan 20), in the latest cuts to shake the technology sector. Mr 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." ADVERTISEMENT "I take full responsibility for the decisions that led us here," he said.
Google's parent firm to lay off 12,000 workers
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It's about time 
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It's about time$SoFi Technologies Inc.(SOFI)$ to the mooooooooon!
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Any idea is it often for price increase in this sector? When was the last time price increase?
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