{"id":1817467,"date":"2023-01-20T13:06:44","date_gmt":"2023-01-20T18:06:44","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1817467"},"modified":"2023-01-20T13:07:49","modified_gmt":"2023-01-20T18:07:49","slug":"google-parent-company-cuts-12000-jobs","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/google-parent-company-cuts-12000-jobs\/","title":{"rendered":"Google Parent Company Cuts 12,000 Jobs"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">12<\/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%2Fgoogle-parent-company-cuts-12000-jobs%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=1817467&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-->\n<div><img decoding=\"async\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2023\/01\/BIG-TECH-BLOODBATH-Google-parent-company-Alphabet-Axes-12000-workers.jpg\" class=\"ff-og-image-inserted\" alt=\"image\"   style=\"display:none\"><\/div>\n<p><strong>Google\u2019s parent company, Alphabet, will axe 12,000 jobs as the tech sector faces a brutal round of layoffs amid a worsening economy.<\/strong><\/p>\n<p>Sundar Pichai (CEO of Alphabet) said that the losses impact all aspects of the company, including recruitment, corporate functions and engineering.<\/p>\n<p>Amazon earlier announced massive layoffs this month.<\/p>\n<p>As <a href=\"https:\/\/www.dailyfetched.com\/big-tech-blood-bath-amazon-slashes-over-18000-jobs-largest-cut-for-any-tech-company\/\">The Daily Fetched<\/a> reported earlier this month, Amazon\u2019s layoffs will impact more than 18,000 employees, the highest number for a major tech company.<\/p>\n<p>Salesforce also announced that it would layoff 8,000 employees, which is 10 percent of its workforce according to Marc Benioff, Co-CEO.<\/p>\n<p>Pichai wrote in the note: \u201cI am confident about the huge opportunity in front of us thanks to the strength of our mission, the value of our products and services, and our early investments in AI.\u201d<\/p>\n<p>Global layoffs in the US will be effective immediately as part of a cost-cutting initiative to keep companies afloat.<\/p>\n<p>Amazon employees woke up on Wednesday to find an email informing their roles. \u2018been eliminated\u2019 It is effective immediately<\/p>\n<p>\u201cUnfortunately, your role has been eliminated,\u201d The email was sent by an HR executive at the e-commerce giant. \u201cYou are no longer required to perform any work on Amazon\u2019s behalf effective immediately,\u201d Later, it was added as per <a href=\"https:\/\/www.businessinsider.com\/read-the-email-amazon-sent-to-laid-off-employees-2023-1?utmSource=twitter&#038;utmContent=referral&#038;utmTerm=topbar&#038;referrer=twitter\">The Business Insider<\/a>.<\/p>\n<p class=\"has-text-align-center\"><strong>READ MORE <a href=\"https:\/\/www.dailyfetched.com\/russia-puts-meta-facebooks-parent-company-on-terrorist-list\/\">Russia Puts Meta, Facebook\u2019s Parent Company, On \u2018Terrorist\u2019 List<\/a><\/strong><\/p>\n<p>The Daily Fetched <a href=\"https:\/\/www.dailyfetched.com\/facebook-prepares-large-scale-layoffs-thousands-to-lose-jobs-amid-70-drop-in-share-price\/\">reported<\/a> Facebook announced a series large-scale layoffs in November 2013 that would affect thousands of employees. This was in response to a dramatic drop in its share price.<\/p>\n<p>Facebook parent company Meta Platforms Inc forecasted a weak holiday quarter and major additional costs for 2023, wiping about $67 billion off Meta\u2019s stock market value.<\/p>\n<p>This year, more than half of a trillion dollars was lost due to a significant decline in market value.<\/p>\n<p>Meta is currently facing slowing global economic growth and privacy changes from Apple. There is also fierce competition from TikTok in China.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Google\u2019s parent company, Alphabet, will axe 12,000 jobs as the tech sector faces a brutal round of layoffs amid a worsening economy. Sundar Pichai (CEO of Alphabet) said that the losses impact all aspects of the company, including recruitment, corporate functions and engineering. Amazon earlier announced massive layoffs this month. As The Daily Fetched reported &hellip;<\/p>\n","protected":false},"author":1,"featured_media":1817470,"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":"","footnotes":""},"categories":[547],"tags":[15808,5458,5425,3862,6063,4330,10328,3819],"class_list":["post-1817467","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-bongino-report","tag-15808","tag-bongino","tag-company","tag-cuts","tag-google","tag-jobs","tag-parent","tag-report"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1817467","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1817467"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1817467\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1817470"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1817467"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1817467"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1817467"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}