Google Layoff: Large scale retrenchment in tech company Google, showed the way out to 12,000 employees

Large-scale retrenchment has been announced in the giant tech company Google. Google’s parent Alphabet announced on January 20 that it plans to cut about 12,000 jobs or 6 percent of its workforce worldwide, Bloomberg reported. The layoffs are being done globally. Most of the American employees will be affected in this. The company’s CEO Sundar Pichai has talked about helping the fired employees through an email.

Pichai said these are important steps to sharpen our focus, realign our cost base and direct our talent and capital to our top priorities. The layoffs are global. With the layoffs, Google joins several other tech giants that have largely downsized amid a faltering global economy and rising inflation.

Microsoft, Meta Platforms, Twitter and Amazon all downgraded their ranks. According to the announcement, Pichai said the tech giant will “support employees as they look for their next opportunity.” Pichai in the US said the company will pay employees during the full notification period (minimum 60 days). Byju’s laid off over 1, 100 people, apart from this, startup edutech companies like Unacademy, Nedantu, Lido, Frontrose have also laid off thousands of employees.