Google to Cut 12,000 Jobs as COVID-19 Expansions Wear Off

Google is laying off 12,000 workers, becoming the latest technology company to trim staff after rapid expansions during the COVID-19 pandemic have worn off.

Alphabet CEO Sundar Pichai shared the news Friday in an email to staff at the Silicon Valley giant that was also posted on the company’s news blog.

“Over the past two years we’ve seen periods of dramatic growth,” Pichai wrote. “To match and fuel that growth, we hired for a different economic reality than the one we face today.”

He said the layoffs reflect a “rigorous review” carried out by Google of its operations. The jobs being eliminated “cut across Alphabet, product areas, functions, levels and regions,” Pichai said.

Read the source article at cbsnews.com