Here are the latest tech layoffs as the industry shudders – CBS News

Google axes 12,000 jobs amid big tech layoffs

Google axes 12,000 jobs amid major tech layoffs


The high-flying tech industry is facing a reckoning as the economy slows and customers pull back on spending.

In the past month alone tech companies have cut nearly 50,000 jobs, reversing a hiring spree that surged during the pandemic as millions of Americans moved their lives online. Google-parent Alphabet is the latest to slash its headcount, announcing 12,000 layoffs on Friday, or about 6% of its global workforce. 


Author: News tech

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