More layoffs: Google will cut 12,000 jobs

Alphabet, the parent of Google, will cut around 12,000 jobs worldwide, a figure close to 6% of the workforce, to address weakening economic conditions, as confirmed by the CEO of the company and its parent company, Sundar Pichai.

In this way, the giant from Mountain View, United States, joins the wave of massive layoffs in the US technology sector due to the worse conditions of the economy and the increase in costsafter Microsoft’s announcement this week of the cut of about 10,000 jobs and that Amazon began to communicate the departure of about 18,000 workers.

Logo of Google.
“We have decided to reduce our workforce by approximately 12,000 positions,” Google’s directives communicated. – Photo: Getty Images

“We have decided to reduce our workforce by approximately 12,000 positions,” Pichai said, stating that the company has already contacted the affected employees in the United States by email, while, in other countries, “this process will take longer due to local laws and practices.”

The executive explained that in the last two years the multinational had undertaken a hiring policy “to equalize and feed” the spectacular growth experienced in that period. “We hired for a different economic reality than the one we face today,” he acknowledged.

Google
The crisis left by the pandemic is affecting several economic giants – Photo: NurPhoto via Getty Images

In this sense, he specified that the roles to be eliminated reflect the result of a rigorous review carried out in all areas and functions to guarantee that they respond to the main priorities of the company and “cover Alphabet, product areas, functions, levels and regions”. .

The largest companies in the world opted to make massive layoffs

The renowned McDonald’s hamburger chain will undergo a restructuring, which includes layoffs of employees.

Chris Kempczinski, CEO of the fast food giant company, sent a memo to workers where they were informed about what will happen in the following months. In parallel, McDonald’s seeks to accelerate the expansion of its restaurants in the world.

A federal judge allowed a discrimination lawsuit against McDonald's to proceed (Photo by BRUCE BENNETT / GETTY IMAGES NORTH AMERICA / Getty Images via AFP)
The exact date on which the layoffs will begin at McDonald’s is unknown. – Photo: Getty Images via AFP

Kempczinski said the layoffs are not a measure to cut costs within the company, but rather are designed to help McDonald’s innovate faster and work more efficiently.

“We must accelerate the pace of opening our restaurants to fully capture the increase in demand that we have driven in recent years,” read in the statement sent by Kempczinski.

McDonald’s has not released a forecast for how many new restaurants it plans to build in 2023, but hinted last November that new unit openings would contribute around 1.5%. to sales growth across the system in 2022.

The McDonald's fast food restaurant chain joins companies such as Amazon and Salesforce that announced layoffs at the company during 2023
The McDonald’s fast food restaurant chain joins companies such as Amazon and Salesforce that announced layoffs at the company during 2023 – Photo: getty Images / SOPA Images / Contributor

The exact date on which the layoffs at McDonald’s will begin is unknown, but this is in addition to those already announced by giants such as Amazon, Salesforce and Facebook.

Meta, the parent company of Facebook, announced a few days ago the dismissal of 11,000 employees, which corresponds to about 13% of its workforce. “I want to take responsibility for these decisions and how we got here. I know this is difficult for everyone, and I am especially sorry for those affected,” CEO Mark Zuckerberg said in a message to staff.

(FILES) In this file photo taken on October 28, 2021 the META logo on a laptop screen in Moscow as Facebook chief Mark Zuckerberg announced the parent company's name is being changed to "Goal" to represent a future beyond just its troubled social network. - Meta, the parent company of Facebook and Instagram, will give content creators the opportunity to sell virtual items to users in Horizon Worlds, its main platform in the metaverse, the company said Monday. (Photo by Kirill KUDRYAVTSEV / AFP)
Meta had some 87,000 employees worldwide across its different platforms, which include the social networking sites Facebook and Instagram, as well as the WhatsApp messaging platform. – Photo: AFP

The newspaper The Wall Street Journal, citing people familiar with the matter, reported that the layoffs they could affect “many thousands” of Meta employees and that the staff cut would be announced on Wednesday.

As of September 30, 2022, Meta had some 87,000 employees worldwide across its various platforms, including the social networking sites Facebook and Instagram, as well as the WhatsApp messaging platform.

Following the recent release of disappointing quarterly results, Meta’s CEO, Mark Zuckerberg said that the company’s staff would not increase by the end of 2023 and may even decrease slightly.

Salesforce also announced that it will lay off nearly 8,000 employees.
Salesforce also announced that it will lay off nearly 8,000 employees. – Photo: Getty Images / Bloomberg / Contributor

Another giant that joined this strategy that leaves several citizens without work was the technology company Salesforce, specialized in software of customer relations (CRM), which announced a workforce adjustment that will affect around 10% of its more than 70 thousand employees, with the goal of reducing operating costs, improving margins and driving profitable growth.

In addition to cutting about 10% of its workforce, the multinational is also contemplating a reduction in office space and the abandonment of certain properties in certain markets.

With information from Europa Press and AFP

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More layoffs: Google will cut 12,000 jobs