Alphabet, the owner of the popular search engine Google, has said that it is laying off 12,000 people, which is 6% of its total workforce. (Google Laid Off 12000 Employees)
Microsoft said this week that the economy is forcing it to cut 10,000 jobs or 5 percent of the company’s workforce.
Microsoft says it will advance its products through artificial intelligence. This is a point that Alphabet CEO Sundar Pichai also made.
Sundar Pichai took over as CEO of Alphabet in 2019. Alphabet, he says, has faced “a different economic reality” over the past two years when it had to hire large numbers of people.
He said that he takes full responsibility for this process.
Sundar Pichai said that Google is preparing a completely new experience for users, developers, and businesses and that is artificial intelligence.
Why Did Google Fire 12000 Employees?
In what has been dubbed a “mass firing,” Google fired 12,000 employees in a single day. The move was part of a restructuring effort that is said to involve making the company more efficient and effective. Chief Executive Officer, Sundar Pichai announced the layoffs during an all-hands meeting on Thursday.
The company says it will make use of artificial intelligence and other technologies to help it “do more with less.” There have been mixed reactions to the mass firing from Google employees who say they feel overwhelmed by the news and don’t know how to move forward. Some fear they will be out of work for long periods of time. Others are hopeful that their skills will be put to use in other parts of Google. (Google Laid Off 12000 Employees)
The Effect On Employees
Google’s layoffs affect thousands of employees in a single day. Affected employees may have been surprised by the sudden change, as Google has not typically communicated layoffs in advance. The exact number of layoffs is unknown, but they range from low-level employees to executives.
Many workers will find new jobs quickly, while others may face long unemployment periods. Some companies are offering severance packages, but many workers will have little or no benefits after their termination.