Google's parent company announced cuts — 12 thousand people will be fired
A wave of layoffs has reached Alphabet, which owns Google. CEO of the holding Sundar Pichai shared this news on the official blog, saying that he “deeply regrets” the decision.
As Pichai explained, during the pandemic, Alphabet experienced a period of rapid growth. She hired a lot of employees, not expecting that the economic situation in the world will change much over the past two years. Now Alphabet is forced to cut costs and focus on the most important areas.
