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Google lays off 12,000 employees

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The wave of layoffs continues in the technology sector as Google announced the layoffs of 12,000 employees, the largest number in the company’s history.

CEO Sundar Pichai has announced the layoff in a post Saying that Google had previously been “hired under a different economic reality than the one we face today” and that the layoffs would take place across a variety of different departments.

Pichai added, “This will mean saying goodbye to some amazingly talented people we’ve worked so hard to hire and loved working with. I’m terribly sorry for that. The fact that these changes will affect the lives of Google employees weighs heavily on me, and I take full responsibility for the decisions that lead us here.”

Affected employees in the US have already been notified, and Google is paying them for the full 60-day notice period, at least 16 weeks of severance pay, 2022 bonuses and vacation time, and six months of healthcare along with access to employment and immigration support services.

Pichai remained optimistic about the future despite the layoffs, saying that “tough economic cycles” is something a company as old as Google expects. He also emphasized its early investment in artificial intelligence as a strong foundation from which to move forward.

It is noteworthy that Google is not the only company currently facing layoffs, as Microsoft also announced a few days ago the layoffs of 10,000 employees. This includes its Xbox division, where several employees from 343 Industries, Bethesda, and The Coalition have been laid off as well.

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