Alphabet Inc.the parent company of Googlelaunched a plan to reduce expenses and consequent personal reduction. The conglomerate with headquarters in Mountain View, California, thus joins the list of Tech giants confirming layoffs in the context of the complex macroeconomic present, including Meta, Twitter, Amazon and Microsoft.
Google parent company lays off employees at subsidiaries
Alphabet tried to delay cuts in its workforce although he was unable to do so, he noted the publication The Information. Within this framework, the financial director of the conglomerate, Ruth Poratleads the actions to reduce expenses and the first affected are employees of two subsidiaries.
Alphabet Inc. is the conglomerate that brings together all of Google’s services. For: REUTERS
According to the source, the company laid off 40 Intrinsic employeesa figure that represents 20% of the personnel of this subsidiary dedicated to the development of software for robotics.
Alphabet also downsized the staff of another subsidiary, Verily., dedicated to the scientific field that explores the link between health technologies and artificial intelligence. In this case, the layoffs involved 250 people, about 15% of the workforce.
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An Intrinsic spokesperson commented in dialogue with TechCrunch layoffs respond to the search to allocate resources to projects with the highest priority. “We believe that this decision is necessary so that we can continue with our mission,” he pointed out with a diplomacy that, after all, is not enough to hide the reality: the Staff cuts piling up in the tech industry and now also involving the search giant.
How many employees does Alphabet have globally?
It is not a secret that this conglomerate is one of the largest in the world. It is estimated that Google’s parent company has approximately 170,000 employees in its different divisions and headquarters around the world.
More layoffs at Google?
Although some 290 layoffs is a low volume in an organization that has about 170,000 employees, the cuts put Alphabet in the list of companies that are forced to start cutting their workforce.
Alphabet has nearly 170,000 employees worldwide.For: REUTERS
Otherwise, CNN has said that Google halted new hires Y The New York Times He commented that concern about possible new layoffs is growing in the conglomerate.
Layoffs at Meta, Twitter and Amazon
Meta (parent company of Facebook, Instagram and WhatsApp) announced in November the dismissal of 11,000 employees. It’s the biggest cut in the company’s more than 18-year history. Mark Zuckerberg, the CEO of the company, acknowledged that these are the “most difficult changes” in a firm that accumulates falls in its income. “I have decided to reduce the size of our team by 13% and free up more than 11,000 of our talented employees (…) I know it is hard for everyone and I am especially sorry for those affected,” he said.
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Twitter also shrunk its staff. One of the first decisions Elon Musk at the helm of Twitter was to lay off about 50% of the employees. The tycoon who paid 44,000 million dollars for that social network justified his determination in the need to cut expenses, balance finances and attract new investments.
The e-commerce giant Amazon, for its part, will lay off some 18,000 employeesa figure above the preliminary forecasts.
Other technology companies such as Microsoft, Salesforce and Cisco also confirmed layoffs.
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Layoffs at Alphabet: Google parent cuts staff as well as Meta, Twitter and Amazon