Google will lay off 12,000 employees, approximately 6% of its workforce, making it the most recent tech company to cut staff after the industry's economic boom following the downturn in the coronavirus pandemic.
Sundar Pichai, CEO of Alphabet - Google's parent company - shared the news about the cut on Friday via an email to staff, which was also posted on the company's news blog.
It is one of the largest rounds of layoffs in the company's history and comes on top of tens of thousands of job losses announced recently by Microsoft, Amazon, Meta - Facebook's parent company - and other tech companies, as they tighten their belts amid an increasingly bleak outlook for the industry
.
This month alone, at least 48,000 job losses have been announced by major companies in the sector.