Google Announces 12,000 Job Cuts | Google Layoffs 2023 Live Updates | Google Layoffs | News18 Live

Google's parent Alphabet Inc is eliminating about 12,000 jobs, or 6% of its workforce, it said Friday, as Silicon Valley reels from recent layoffs and faces a troubled outlook.
Alphabet, whose shares rose 3% in pre-market trading, is making the cuts just as the U.S. company confronts a threat to its long-held perch atop the technology sector.

For years Alphabet has attracted top talent to build Google, YouTube and other products that reach billions of users, but it is now locked in competition with Microsoft Corp in a burgeoning area known as generative artificial intelligence.

[jackiemakhija]

If CEO taking the full responsibility, he should be the one to get layoff first and compensate the executives with handsome amount for the layoff, those who have given their hardwork amount of time family life and everything.

[jaygonzalez]

Why hire Americans when you can hire or work from India or China or Korea. They can pay those people less and with less benefits. This is why a strong immigration policy is needed.