Google to axe 12,000 jobs; CEO Sundar Pichai says 'sorry'
New York, Jan 20: Google will lay off 12,000 jobs across the globe, its CEO Sundar Pichai announced on Friday, becoming the latest tech giant to retrench staff en mass amid the global economic downturn.
In an email to employees, the Indian-origin CEO said:"I have some difficult news to share. We've decided to reduce our workforce by approximately 12,000 roles."
Pichai said the layoffs at Google were carried out after a "rigorous review" of its operations.
The jobs being eliminated "cut across Alphabet, product areas, functions, levels and regions", he said.
"Over the past two years we've seen periods of dramatic growth. To match and fuel that growth, we hired for a different economic reality than the one we face today," Pichai said in his mail, which was also posted on the company's news blog.
Earlier this week, Microsoft announced 10,000 job cuts, or nearly 5 per cent of its workforce.
Amazon is also cutting 18,000 jobs and Facebook parent Meta is trimming 11,000 positions.
"We've already sent a separate email to employees in the US who are affected. In other countries, this process will take longer due to local laws and practices," he said.
"I'm deeply sorry for that. 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," he added.
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India moving towards becoming global economic powerhouse: Kovind
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Amritsar (PTI): Former president Ram Nath Kovind on Friday said that with digital transformation, economic reforms and a strong focus on the ease of doing business, India is moving towards becoming a global economic powerhouse.
He was speaking after inaugurating the 19th edition of the Punjab International Trade Expo (PITEX) in Amritsar.
The former president said that this 19th edition of PITEX is being organised at a time when India is recognised as one of the fastest-growing large economies in the world.
Speaking at the inaugural ceremony of the event organised by the PHD Chamber of Commerce and Industry (PHDCCI) the former president, while referring to Punjab, said the state is a living example of courage, sacrifice and enterprise.
"The spiritual light of Sri Harmandir Sahib (Golden Temple) inspires peace and humanity across the world. The heritage of Punjab is deep and inspiring," Kovind said, according to a statement issued by the PITEX.
The former president congratulated the PHDCCI for hosting the 19th edition of PITEX and suggested that the chamber should expand PITEX outside Punjab.
He proposed that a similar event should also be held in New Delhi.
