Joining the Big Tech league of Amazon, Meta and Microsoft, Google's parent company Alphabet is now laying off 12,000 employees, or about 6 per cent of its workforce, globally, the media reported on Friday.
Alphabet and Google CEO Sundar Pichai, in an internal memo accessed first by Reuters, announced the layoffs that are across the verticals, including engineering, product, recruiting and corporate teams.
The layoffs at Google's parent company were expected amid the deepening funding winter that has hit companies of all sizes in the global slowdown and recession fears.
Microsoft Chairman and CEO Satya Nadella said earlier this week that the company will be "making changes that will result in the reduction of our overall workforce by 10,000 jobs through the end of FY23 Q3 (third quarter)".
More than 1,600 tech employees are being laid off per day on an average in 2023 globally, including in India, and the sacking episodes have gained speed amid global economic meltdown and recession fears.
The year 2023 has begun on a bad note for tech workers globally as 91 companies have laid off more than 24,000 tech employees in the first 15 days this month, signalling worse days ahead.
Amazon announced to lay off 18,000 employees globally, including nearly 1,000 in India.
Cyber-security company Sophos is laying off about 450 people globally including in India -- which is 10 per cent of its workforce -- to achieve "the optimal balance of growth and profitability".
Goyal assures deeptech startups of big push from Rs 10,000 crore Fund
Commerce and Industry Minister Piyush Goyal announced on Saturday that the government will provide a substantial outlay for deeptech startups from the Rs 10,000 crore Fund of Funds scheme.
Fresh tension in Manipur; village chiefs among 10 assaulted by militants
Fresh tension broke out between two tribal communities in Manipur’s Kangpokpi district on Saturday after at least 10 people, including two key village leaders, were allegedly assaulted by suspected Kuki militants over a land dispute, officials said.
Gandhis 'abandoned' Muslims in Waqf Bill debate: Amit Malviya slams Rahul, Priyanka's absence
The absence of Congress leaders Rahul Gandhi and Priyanka Gandhi Vadra during the heated debate on the Waqf (Amendment) Bill in the Lok Sabha drew criticism from the BJP, which accused them of neglecting the Muslim community that they often claim to ‘advocate for’.
Tripura hosts first ever Bipul Charu and Karu Kala Utsav in Agartala
Chief Minister Dr Manik Saha on Saturday inaugurated the first ever three days long Bipul Charu and Karu Kala Utssav – Arts and Crafts festival here in Agartala Government College of Art and Craft. The festival was named after the pioneer of modern sculpture in the state Bipul Kanti Saha.
Police detains one with brown sugar, yaba tablets worth over Rs 2 lakh from Agartala
Police of West Agartala police station and Battala outpost on Friday last detained one youth and seized narcotic items worth over Rs 2 lakh.
CM pays surprise visit to IGM, directs to ensure no gaps in patient care
Tripura Chief Minister Prof. Dr. Manik Saha today paid a surprise visit to IGM Hospital and Agartala Government Dental College and directed all staff and doctors to ensure that there is no gap in the treatment of patients.
Sudip writes CS demanding Child Care Leave for Contractual women Govt employees
Senior Congress leader and MLA Sudip Roy Barman has written to Tripura Chief Secretary Jitendra Kumar Sinha, urging the state government to extend Child Care Leave (CCL) benefits to women working under contractual arrangements in various departments.
PM Modi pays tribute at Indian Peace Keeping Force Memorial in Sri Lanka
Prime Minister Narendra Modi visited and laid a wreath at the Indian Peace Keeping Force (IPKF) Memorial in Sri Jayawardenapura Kotte, near Colombo, on Saturday evening.