It’ll show the door to 12,000 employees.
Google is laying off around 12,000 people, equal to about 6% of its workforce. The move follows similar announcements by other major tech firms as the global economy continues to face choppy conditions.
In an email sent to staff this past Friday, Sundar Pichai, the CEO of Google and parent company Alphabet, said the global cuts will begin now, starting in the U.S.
“Over the past two years, we’ve seen periods of dramatic growth,” Pichai wrote in his email. “To match and fuel that growth, we hired for a different economic reality than the one we face today.”
Google will offer U.S. employees 16 weeks of severance pay together with two weeks of pay for each additional year spent at the company.
In recent months, tech giants including Microsoft, Amazon, and Meta have all announced significant job cuts.