Google’s parent company Alphabet is laying off 12,000 of its employees. According to media reports, the company’s CEO Sundar Pichai has given this information in a memo shared with the employees.
The market is shocked by this news of layoffs in the world’s largest tech company. Two days ago, Alphabet’s competitor Microsoft had talked about the removal of 10,000 employees.
It is believed that the company’s HR department, corporate affairs, engineering and product department teams will be affected in this retrenchment. Google has said that the layoffs are being done globally. The decision will immediately affect American workers.