{"id":1817427,"date":"2023-01-20T12:35:05","date_gmt":"2023-01-20T17:35:05","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1817427"},"modified":"2023-01-20T13:17:58","modified_gmt":"2023-01-20T18:17:58","slug":"the-white-house-brushed-off-concerns-about-mass-firings-at-microsoft-and-amazon-now-google-is-laying-off-employees-too","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/the-white-house-brushed-off-concerns-about-mass-firings-at-microsoft-and-amazon-now-google-is-laying-off-employees-too\/","title":{"rendered":"The White House Brushed Off Concerns About Mass Firings At Microsoft And Amazon. Now Google Is Laying Off Employees Too."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">40<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fthe-white-house-brushed-off-concerns-about-mass-firings-at-microsoft-and-amazon-now-google-is-laying-off-employees-too%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1817427&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p><a href=\"http:\/\/dailywire.com\/topic\/google\" target=\"_blank\" rel=\"noopener\">Google<\/a> Several thousand employees will be fired days later, according to plans. <a href=\"http:\/\/dailywire.com\/topic\/biden-administration\" target=\"_blank\" rel=\"noopener\">White House<\/a> Besorgiments about the <a href=\"http:\/\/dailywire.com\/topic\/unemployment\" target=\"_blank\" rel=\"noopener\">layoffs<\/a> Thesweeping <a href=\"http:\/\/dailywire.com\/topic\/technology\" target=\"_blank\" rel=\"noopener\">technology<\/a> sector.<\/p>\n<p>Google CEO Sundar Pichai stated to the company Friday that 12,000 positions would be eliminated due to the restructuring. <a href=\"http:\/\/dailywire.com\/topic\/economy\" target=\"_blank\" rel=\"noopener\">macroeconomic<\/a> turmoil. The layoffs will impact approximately 6% of the company\u2019s <a href=\"https:\/\/abc.xyz\/investor\/static\/pdf\/2022Q3_alphabet_earnings_release.pdf?cache=4156e7f\" target=\"_blank\" rel=\"noopener\">workforce<\/a> Nearly 187,000<\/p>\n<p>\u201cOver the past two years we\u2019ve seen periods of dramatic growth. To match and fuel that growth, we hired for a different economic reality than the one we face today. I am confident about the huge opportunity in front of us thanks to the strength of our mission,\u201d Pichai stated in a <a href=\"https:\/\/blog.google\/inside-google\/message-ceo\/january-update\/\" target=\"_blank\" rel=\"noopener\">memo<\/a>. \u201cTo fully capture it, we\u2019ll need to make tough choices. So, we\u2019ve undertaken a rigorous review across product areas and functions to ensure that our people and roles are aligned with our highest priorities as a company. The roles we\u2019re eliminating reflect the outcome of that review.\u201d<\/p>\n<p>This news comes just days after Satya Nadella, Microsoft CEO, announced the same. <a href=\"https:\/\/www.dailywire.com\/news\/microsoft-announces-mass-layoffs-to-cut-costs-amid-economic-headwinds\" target=\"_blank\" rel=\"noopener\">revealed<\/a> The company would lay off some 10,000 workers, just weeks after Amazon CEO Andy Jassy. <a href=\"https:\/\/www.dailywire.com\/news\/amazon-dismisses-thousands-of-employees-in-bid-to-reduce-costs\" target=\"_blank\" rel=\"noopener\">unveiled<\/a> Total headcount reduction of 18,000 employees. According to a report by a Technology Companies, there were more than 90,000. <a href=\"https:\/\/news.crunchbase.com\/startups\/tech-layoffs-2022\/\" target=\"_blank\" rel=\"noopener\">report<\/a> CrunchBase.<\/p>\n<p>\u201cAs an almost 25-year-old company, we\u2019re bound to go through difficult economic cycles,\u201d Pichai continued. \u201cThese are important moments to sharpen our focus, reengineer our cost base, and direct our talent and capital to our highest priorities.\u201d<\/p>\n<p>Karine Jean-Pierre, White House Press Secretary <a href=\"https:\/\/www.dailywire.com\/news\/karine-jean-pierre-gives-non-answers-on-massive-tech-layoffs\" target=\"_blank\" rel=\"noopener\">deflected questions<\/a> from journalists on Wednesday regarding the sector\u2019s layoffs. One reporter noticed that President Joe Biden had appeared \u201cquite optimistic\u201d He made the latest economic statements and was asked if the Microsoft layoffs are a matter of concern. \u201cmatter of concern\u201d for the administration. Jean-Pierre replied that the commander in chief watches closely \u201canytime there are reports of Americans losing their jobs.\u201d<\/p>\n<p>\u201cI don\u2019t have a comment on specific moves announced by particular companies. As you know, we\u2019re very careful from here talking about private companies. But more broadly speaking, layoffs remain near record lows according to job openings data,\u201d She continued. \u201cCompanies across the economy are continuing to grow and invest in the United States.\u201d<\/p>\n<p>Another reporter asked about the consequences of continued dismissals. \u201cimpact the recovery in the coming months,\u201d Jean-Pierre said that \u201clayoffs remain near record lows\u201d All across the economy. \u201cWe\u2019re seeing the President\u2019s economic policy actually working,\u201d She said. \u201cIs there more work to do? Always more work to do, and you hear that from us as well.\u201d<\/p>\n<p>Technology sector layoffs are occurring as prominent investors criticize executives who have rapidly expanded payrolls. They call for a reduction of headcount to match. <a href=\"https:\/\/www.dailywire.com\/news\/economists-predict-whether-2023-will-see-a-recession\" target=\"_blank\" rel=\"noopener\">dismal market forecasts<\/a> In the immediate future. These dismissals are also made after the Federal Reserve <a href=\"https:\/\/www.dailywire.com\/news\/breaking-federal-reserve-hikes-target-interest-rates-half-a-percentage-point\" target=\"_blank\" rel=\"noopener\">raised interest rates<\/a> Three-quarters of an inch per month on four consecutive occasions, before implementing a 5% increase last month, which will increase borrowing costs for both businesses and consumers.<\/p>\n<p>The central bank officials have warned before that higher unemployment would result from economic declines due to rate increases. \u201cWhile higher interest rates, slower growth, and softer labor market conditions will bring down inflation, they will also bring some pain to households and businesses,\u201d Jerome Powell, Federal Reserve Chair <a href=\"https:\/\/www.dailywire.com\/news\/jerome-powell-vows-to-restore-price-stability-even-though-federal-reserve-must-first-bring-some-pain\" target=\"_blank\" rel=\"noopener\">remarked<\/a> Last year. \u201cThese are the unfortunate costs of reducing inflation.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Google announced plans to dismiss thousands of employees days after the White House dismissed concerns about the layoffs sweeping the technology sector. Google CEO Sundar Pichai informed the company on Friday that some 12,000 positions would be eliminated as a result of macroeconomic turmoil. The layoffs will impact approximately 6% of the company\u2019s workforce of &#8230;<\/p>\n","protected":false},"author":99,"featured_media":1890793,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"The White House Brushed Off Concerns About Mass Firings At Microsoft And Amazon. Now Google Is Laying Off Employees Too.","footnotes":""},"categories":[541],"tags":[4558,15802,5241,6202,5183,15803,6063,3653,10234,6027,6536,3765,6195],"class_list":["post-1817427","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-daily-wire","tag-amazon","tag-brushed","tag-concerns","tag-daily","tag-employees","tag-firings","tag-google","tag-house","tag-laying","tag-mass","tag-too","tag-white","tag-wire"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"The White House Brushed Off Concerns About Mass Firings At Microsoft And Amazon. Now Google Is Laying Off Employees Too.","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1817427","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/99"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1817427"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1817427\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1890793"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1817427"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1817427"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1817427"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}