Alphabet Layoffs: Layoffs again in Google! Parent company Alphabet laid off hundreds of employees Google’s parent company Alphabet is once again laying off employees from its global recruitment team.
The technology giant has continued to slow down the pace of hiring for quite some time now. However, according to reports, the company’s recent decision to lay off a few hundred employees is not part of a wide-scale layoff.
The company will be retaining a significant portion of the team to recruit for key roles. It will also help workers search for roles within the company and elsewhere. Alphabet is the first ‘Big Tech’ company to lay off employees this quarter, with peers like Meta, Microsoft and Amazon aggressively cutting their teams as early as 2023.
Alphabet laid off 12,000 people in January
California-based Alphabet cut about 12,000 jobs in January, reducing its workforce by 6%. Layoffs in the US more than tripled from July to August and nearly quadrupled from a year earlier, according to a report by employment firm Challenger, Gray & Christmas. Economists had forecast unemployment to rise by about 9% in the week ending September 8, down 13,000 from the previous seven-day period to 216,000.