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".
Tripura CM slams state's previous Left Front govt for 'failing to resolve' Reang tribal crisis
While addressing a function at Kulai RF Village Ground in Dhalai District, the Chief Minister said the problem of internally displaced Reang tribals remained unresolved for 23 years during the Left rule, which spanned almost 35 years in two phases (1978 to 1988 and 1993 to 2018).
Central Detective Training Institute in Tripura to strengthen security in NE
Union Home Minister Amit Shah on Sunday laid the foundation stone of the Central Detective Training Institute (CDTI) in Tripura to strengthen security in the northeastern region and neighbouring countries, and to establish high standards in policing.
Per capita income in BJP-ruled Tripura Rs 1.77 lakh higher than Bengal: HM Shah
Union Home Minister Amit Shah on Sunday said that the per capita income in the BJP-ruled Tripura is now Rs 1.77 lakh higher than the neighbouring state of West Bengal (where the Trinamool Congress led by Mamata Banerjee is in power).
Peace and development in Tripura, says HM Shah after meeting Reang tribals
Union Home Minister Amit Shah on Sunday said that under the leadership of Prime Minister Narendra Modi peace has been established in Tripura, various development works have been stepped up and also the 23-year-old imbroglio of Reang tribals has been resolved.
HM Shah stresses on mapping of demographic data of people along India-Myanmar border
Union Home Minister Amit Shah on Saturday said that the demographic data of people along the India-Myanmar border, especially in Nagaland, Mizoram and Manipur, should be mapped so that it can help in fencing of the border and infiltration can be stopped.
New Maha Cabinet: Fadnavis keeps Home, Shinde gets Urban Development, Ajit Pawar in charge of Finance
Finally, the wait is over. Governor CP Radhakrishnan on Saturday approved the portfolio allocation to the ministers as recommended by Maharashtra Chief Minister Devendra Fadnavis. The list was released after the conclusion of a weeklong winter session.
Sri Sri Ravi Shankar brings peace through meditation to UN headquarters consumed by global turmoil
Eighteen minutes of tranquility descended on the world organisation’s headquarters consumed by global turmoil as Sri Sri Ravi Shankar led a meditation session as a path to peace at the United Nations.
NE not just strategically important but also an epitome of nation's diversity, culture: Minister
Union Minister of State for DoNER Sukanta Majumdar on Friday underscored the strategic importance of the northeastern region and said that the region is not just a geographically significant part of the country but it is also an epitome of the nation's diversity, culture, and strategic importance.