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Google CEO ‘Takes Full Responsibility” Lays Off 12,000 Employees

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Google and Alphabet CEO Sundar Pichai announced via an update earlier today that they would be reducing the global workforce by around 12,000 employees, roughly 6% of its employees according to Reuters.

(Image credit: Future)

The layoffs, made public via the January update titled “A difficult decision to set us up for the future” makes reference to the past two years which saw a global pandemic and a period of rapid growth. “Over the past two years we’ve seen periods of dramatic growth. To match and fuel that growth, we hired for a different economic reality than the one we face today.” The “different economic reality” that Pichai is referring to can be seen as the current global cost-of-living crisis, where multiple countries are either in, or about to enter a recession.

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