After Amazon and Facebook, Google announces in turn cutting jobs, including in Europe

Google will also cut its workforce. Its parent company, Alphabet, announced on Friday January 20 the elimination of around 12,000 jobs worldwide. “Over the past two years, we have experienced periods of spectacular growth”Alphabet boss Sundar Pichai said in an email to employees. “To support and fuel this growth, we have hired in a different economic context than the one we know today”he added, specifying that the economic situation forced the company to reduce the workforce.

Inflation and rising interest rates

Alphabet had nearly 187,000 employees worldwide at the end of September 2022. The cuts therefore represent just over 6% of its total workforce. They will be “across departments, functions, levels of responsibility and regions”, added Sundar Pichai. Affected US employees have already been notified. In other countries, the procedure will take longer depending on local labor law.

Before Alphabet, other American tech stalwarts have announced mass layoffs in recent months. Meta, the parent company of Facebook, announced in November the loss of 11,000 jobs, or about 13% of its workforce. And e-commerce giant Amazon announced in early January that it would cut 18,000 jobs.

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At the end of August, Snapchat cut about 20% of its workforce, or more than 1,200 employees. Twitter, bought in October by Elon Musk, for its part fired about half of its 7,500 employees. The sector is facing a difficult period in an environment of inflation and rising interest rates.

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