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The Latest Breaking News from Sundar Pichai

Apple, Alphabet and Amazon hurt as economic slump crimps demand

Apple Inc, Amazon.com Inc and Alphabet Inc, technology bellwethers with a combined market value approaching $5 trillion, posted results Thursday that show an economic slowdown is throttling demand for electronics, e-commerce, cloud computing and digital advertising — mainstays of the global tech economy.

The Times of India

Google, Apple Disappoint as Tech Earnings Hit by Gloom

Google and Apple on Thursday reported downbeat results for the last quarter of 2022 as Amazon beat expectations, but warned that the coming months would be uncertain in a difficult moment for Big Tech. The tech titans posted earnings as shares in Meta skyrocketed a day after it reported better…

Asharq Al-Awsat

Google shares slip after sales miss as advertising demand slows

Google parent Alphabet Inc. reported fourth-quarter results that narrowly missed analysts’ expectations, signaling lower demand for its search advertising during a slowing economy.

Tribune News Service

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A Google worker on maternity leave says she found out she’d been laid off while she was up feeding her newborn at 4:30 a.m.

Google parent company Alphabet recently announced it would be laying off around 12,000 people.

Fortune

Why has Alphabet hit the panic button? Only Google can answer that question

The economic downturn, US lawsuits and the fear of rising tech rivals could be reasons for the firm’s 'code red” alert, but it still has an AI ace up its sleeve

The Guardian - UK

Massage therapists at Google HQ are among those who have lost their jobs

Those left working at Google's headquarters in Mountain View may struggle to book in an in-house massage following cuts to the service.

Fortune

Google CEO Sundar Pichai says he will take less pay this year following in the steps of JPMorgan's Jamie Dimon and Apple's Tim Cook

In a company-wide meeting on Monday, Pichai announced that senior executives would take a "very significant" pay cut, according to reports.

Fortune

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'I take full responsibility': Why CEOs like Zuckerberg and Pichai are all using the same language around layoffs

Despite looking like a noble move, experts say that blanket accountability statements could actually make staff feel "disappointment, anger and betrayal".

Fortune

Google CEO Sundar Pichai: Job cuts avoided ‘much worse’ issues

SAN FRANCISCO: Google’s chief executive officer told employees on Monday that job cuts were made in a bid to act decisively as the company’s growth slowed.

The Times of India

Former Google employee's videos show shift from free office snacks to tears and layoffs

Google employees went from in-office perks to being randomly laid off by email in what she described as a "really bad game of Russian roulette."

Fortune

'I’m devastated. I’m sad, angry': Laid-off Google employees vent about being unable to say goodbye to colleagues and feeling 'blindsided' by 'random' culling

Several laid-off Google employees took to social media to share their anger and bewilderment about losing their jobs.

Fortune

Rishi Sunak's old hedge fund boss wants Alphabet to lay off more staff and slash pay

Alphabet is already planning to reduce its workforce by around 6%, but the U.K. Prime Minister's old boss at TCI Fund Management wants Sundar Pichai to go further.

Fortune

Big tech is crowing about A.I. as it lays off tens of thousands of workers

Microsoft is letting go of 10,000 workers while CEO Satya Nadella tells Davos, "A golden age of A.I. is underway."

Fortune

Alphabet’s layoff notice shows Microsoft and OpenAI are getting under the Google parent’s skin

The search giant used its layoff announcement to foreshadow the coming release of A.I.-powered products.

Fortune

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Fortune

Google employees allowed to work from home after Alphabet layoffs

Sundar Pichai said Alphabet plans to support the employees leaving the company as they look for new jobs.

The Independent UK

Google announces mass layoffs amid tech slump. Read the CEO’s full memo on the cuts

More than 50,000 workers at big tech firms have lost their jobs in recent months

The Independent UK

Google announces ‘difficult news’ as it fires 12,000 staff

Staff cuts follow similarly vast reductions at Microsoft, Amazon and Meta

The Times of India

Explained: Why tech giants are laying off staff globally

NEW DELHI: The gloomy outlook for global economy in 2023 has pushed several tech firms and Wall Street titans to lay off staff across offices worldwide.

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The Times of India

Top international news of the day

Here are the top international news of the day

Tribune News Service

Google to cut 12,000 jobs in 6% reduction of global workforce

Google parent Alphabet Inc. said it will cut about 12,000 jobs, more than 6% of its global workforce, becoming the latest tech giant to retrench after years of abundant growth and hiring.

Dynamite News

Google Slashes 12,000 Jobs In Latest Round Of Big Tech Layoffs

Google and Alphabet CEO Sundar Pichai has announced that the American tech giant is cutting approximately 12,000 jobs, which is around 6 per cent of its global workforce. Read on for details:

France 24

Google owner to slash 12,000 jobs in latest record round of layoffs in tech

Google is laying off 12,000 workers, or about 6% of its workforce, becoming the latest tech company to trim staff as the economic boom that the industry rode during the COVID-19 pandemic ebbs.

Bangkok Post

Google parent cutting 12,000 jobs

Google’s parent company Alphabet said on Friday it would cut 12,000 jobs globally, citing a changing “economic reality”, becoming the latest US tech giant to enact large-scale restructuring.

Chicago Sun-Times

Google axes 12,000 jobs, layoffs spread across tech sector

“We hired for a different economic reality than the one we face today,” CEO Sundar Pichai said Friday in an email to staff that was also posted on the company’s news blog.

Wales Online

Google owner Alphabet announces 12,000 job cuts as it follows Microsoft's cull of 10,000

Google has more than 5,000 employees in the UK

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