Google announced significant layoffs early Friday, with plans to cut approximately 12,000 jobs, joining other tech giants in downsizing staff.
Sundar Pichai, CEO of Google and Alphabet, confirmed the layoffs in an email sent to Google employees, which was later published in a company blog post.
“This will mean saying goodbye to some incredibly talented people we worked hard to hire and have loved working with. I’m deeply sorry for that,” Pichai wrote. “The fact that these changes will impact the lives of Googlers weighs heavily on me, and I take full responsibility for the decisions that led us here.”
“Over the past two years we’ve seen periods of dramatic growth,” Pichai continued. “To match and fuel that growth, we hired for a different economic reality than the one we face today.”
According to Pichai’s message, U.S. employees impacted by the layoffs have already been notified. He noted that the process will take longer in other countries due to local laws and practices.
In the U.S., employees who are laid off will be paid for the notification period (60 days), 2022 bonuses, remaining vacation time and offered a severance package starting at 16 weeks plus two additional weeks for every year they’ve worked at Google. Google will also be offering six months of healthcare, immigrant support and job placement services, according to Friday’s message.
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Google isn’t the only tech giant that has initiated mass layoffs in recent months.
Earlier this week, Amazon began laying off thousands of employees. On Jan. 4, Amazon CEO Andy Jassy announced the company planned to lay off more than 18,000 employees “between the reductions we made in November and the ones we’re sharing today.”
New layoff notifications expected to impact about 8,000 employees began Wednesday – just months after an initial round of 10,000 job cuts.
Also earlier this week, Microsoft announced 10,000 job cuts, or nearly 5% of its workforce. And Facebook parent Meta is previously announced 11,000 job cuts.
Contributing: Jordan Mendoza, USA TODAY. The Associated Press.