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There is also Google among the tech giants that are tcutting tens of thousands of jobs worldwide. After 18,000 people left at home by Amazon, 11,000 by Meta and 10,000 by Microsoft, Sundar Pichai, CEO of the Mountain View company, announced the dismissal of 12 thousand peopleequal to approximately 6% of Google’s global workforce.
From the beginning of 2023 to January 16, big tech companies fired an average of 1,600 people a day. The data, provided by the indexing site Layoffs.fyi. it has already increased to over 2 thousand people, in less than 4 days. It is a total of approx 38,000 jobs cancelled from 91 companies, to which the 12,000 announced today by Google will be added.
The wave of layoffs, which began at the end of 2022, was born following the great season of blanket hiring and aggressive expansion that took place at the turn of the pandemic from coronavirus, when Big tech benefited from a very high revenue peakdue to health restrictions that have forced people into their homes.
Microsoft would be ready to send home about 11,000 employees, while Amazon is ready to go with the cut of 18,000 workers announced at the beginning of the month
However, this phenomenon stopped at the beginning of 2022, also thanks to the Russian invasion of Ukraine, which brought back the specter of the recession. Thus, while on the one hand many of these large companies have begun to raise the salaries of their managers, on the other they have had to find ways to save money, going to drastically cut the workforce.
Google is only the latest among the major companies in the world to announce to its employees imminent layoffs. According to reports Bloombergthe staff would have been warned via an email sent by Pichai, in which the managing director would have announced a reorganization of the “expense basis” for “direct our talent and capital to higher priorities”then emphasizing how among these we find the development of artificial intelligences.
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