Just when the declining trend of layoffs gave people a sense of relief, Alphabet, Google’s parent company, terminated hundreds of workers from its global recruiting team, making it the first major tech giant to initiate job cuts in this quarter of the financial year. The company announced its decision to fire employees on Wednesday.
However, Alphabet has clarified that this decision to release ‘a few hundred’ employees is not indicative of a widespread layoff. Furthermore, the company emphasized its intention to maintain the majority of the team for filling crucial roles, ensuring that not everyone on the team is affected.
Alphabet has committed to assisting the impacted employees in finding alternative positions both within the company and elsewhere.
Earlier this year, tech giants like Amazon, Meta (formerly Facebook), and Microsoft had announced large-scale layoffs, intensifying competition in the tech job market. While the pace of layoffs has slowed down, it is evident that they have not entirely ceased. Data from AltIndex reveals that tech companies let go of approximately 226,000 employees in 2023.
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Notably, Google had previously announced the release of 12,000 employees in January, which garnered significant attention in the industry. Despite being renowned for offering exceptional perks to its employees, the tech giant undertook these measures. Subsequently, Google revealed plans to lay off staff from its Waze mapping app division as it integrated the app into its suite of Google Maps products. Chris Philips, the head of Google’s Geo unit, conveyed this decision to employees via email.
