NewsdeckNewsdeck
  • Home
  • Features
    • Featured
    • Health News
    • COVID’19
    • Contact
  • News
    • Tech
    • Entertainment
  • Politics
  • Business
    • Economy and Investment
    • Science
  • Sports
  • Contact Us

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

Labour Part’s Alex Otti Wins Abia Guber Election

March 22, 2023

Nasarawa Governor Abdullahi Sule Re-Elected

March 20, 2023

Bala Mohammed Re-Elected As Bauchi Governor

March 20, 2023
Facebook Twitter Instagram
  • About Us
  • Contact Us
Facebook Twitter Instagram
NewsdeckNewsdeck
  • Home
  • Features
    1. Featured
    2. Health News
    3. COVID’19
    4. Contact
    5. View All

    Labour Part’s Alex Otti Wins Abia Guber Election

    March 22, 2023

    Nasarawa Governor Abdullahi Sule Re-Elected

    March 20, 2023

    Bala Mohammed Re-Elected As Bauchi Governor

    March 20, 2023

    INEC Declares NNPP’s Abba Yusuf Winner Of Kano Governorship Poll

    March 20, 2023

    84 Year Old Quack Surgeon Nabbed In Cross River State

    January 9, 2023

    COVID-19: China Approves World’s First Inhalable Vaccine

    September 5, 2022

    Lagos Suspends Guidelines On Safe Abortion

    July 8, 2022

    Lagos To Vaccinate Five Million Children Against Measles 

    June 16, 2022

    WHO Committed To Support DPR Korea Respond To COVID-19 Pandemic

    May 16, 2022

    Labour Part’s Alex Otti Wins Abia Guber Election

    March 22, 2023

    Nasarawa Governor Abdullahi Sule Re-Elected

    March 20, 2023

    Bala Mohammed Re-Elected As Bauchi Governor

    March 20, 2023

    INEC Declares NNPP’s Abba Yusuf Winner Of Kano Governorship Poll

    March 20, 2023

    Labour Part’s Alex Otti Wins Abia Guber Election

    March 22, 2023

    Nasarawa Governor Abdullahi Sule Re-Elected

    March 20, 2023

    Bala Mohammed Re-Elected As Bauchi Governor

    March 20, 2023

    INEC Declares NNPP’s Abba Yusuf Winner Of Kano Governorship Poll

    March 20, 2023
  • News
    1. Tech
    2. Entertainment
    3. View All

    Google Lays-Off 12,000 Workers Worldwide 

    January 20, 2023

    How To Keep MTN, Airtel, Glo And 9mobile Numbers 

    November 9, 2022

    Wise Will Stop Processing USD To Nigeria

    October 14, 2022

    Stears Inc Raises $3.3 Million Seed Fund

    October 12, 2022

    Yemi Alade Allegedly Ties the Knot With Long Time Manager, Taye Aliyu 

    January 29, 2023

    Yemi Alade Allegedly Pregnant For Togo President 

    January 26, 2023

    Sammie Okposo Died In His Sleep, Says Manager 

    November 27, 2022

    Popular Gospel Singer, Sammie Okposo Is Dead

    November 25, 2022

    Labour Part’s Alex Otti Wins Abia Guber Election

    March 22, 2023

    Nasarawa Governor Abdullahi Sule Re-Elected

    March 20, 2023

    Bala Mohammed Re-Elected As Bauchi Governor

    March 20, 2023

    2023: EFCC Deploys Teams To Monitor Guber Polls

    March 17, 2023
  • Politics

    INEC Declares NNPP’s Abba Yusuf Winner Of Kano Governorship Poll

    March 20, 2023

    INEC Declares Sanwo-Olu Winner Of Lagos Governorship Poll

    March 20, 2023

    Makinde Re-elected As Oyo Governor 

    March 19, 2023

    Rhodes-Vivour Cast His Vote, Accuses APC Of Suppressing, Intimidating Voters In Lagos

    March 18, 2023

    Sanwo-Olu Cast His Vote

    March 18, 2023
  • Business
    1. Economy and Investment
    2. Science
    3. View All

    Dollar To Naira Today 5th August 2022

    August 5, 2022

    Russia Stops Gas Supplies to Poland, Bulgaria Over Failing To Pay In Roubles

    April 27, 2022

    Zulum Wins APC Guber Ticket, Says Rule Me Out Of Vice President Race 

    May 27, 2022

    Sanwo-Olu Signs N1.76 Trillion Lagos Budget Into Law 

    January 28, 2023

    Dangote Group Emerges ‘Overall Most Responsible Business’ At SERAS 2022 Sustainability Awards

    December 11, 2022

    CBN Limits Cash Withdrawal To ₦100,000 Weekly 

    December 7, 2022

    Fourth Mainland Bridge: Lagos Shortlists Three Bidders For RFP Stage II

    November 27, 2022
  • Sports

    Cristiano Ronaldo To Leave Man United With Immediate Effect As Contract Terminated 

    November 23, 2022

    Chelsea FC Sack Head Coach, Thomas Tuchel

    September 7, 2022

    Man City Win 2021/2022 English Premier League 

    May 23, 2022

    Fresh From Prison, Brazilian Returnee Rumbled At Port Harcourt Airport For Importing Cocaine

    May 22, 2022

    Liverpool Defeat Chelsea On Penalties, Lifts FA Cup

    May 14, 2022
  • Contact Us
NewsdeckNewsdeck
Home»Featured»Google Lays-Off 12,000 Workers Worldwide 
3 Mins Read

Google Lays-Off 12,000 Workers Worldwide 

NewsdeckBy NewsdeckJanuary 20, 2023No Comments3 Mins Read Featured
Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email WhatsApp
Share
Facebook Twitter LinkedIn Pinterest Email Tumblr Reddit Telegram WhatsApp

Google’s parent company Alphabet on Friday announced that it will cut about 12,000 jobs globally, citing a changing economic reality as it became the latest US tech giant to enact large-scale restructuring.

The layoffs come a day after Microsoft said it would reduce staff numbers by 10,000 in the coming months, following similar cuts by Facebook owner Meta, Amazon and Twitter as the tech sector girds for economic downturn.

The cuts follow a major hiring spree during the height of the coronavirus pandemic when companies scrambled to meet demand as people went online for work, school and entertainment.

“Over the past two years we’ve seen periods of dramatic growth. To match and fuel that growth, we hired for a different economic reality than the one we face today,” Alphabet CEO Sundar Pichai said in an email to employees.

“We’ve 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,” Pichai said, adding that the workforce would be reduced by around 12,000 positions.

“The roles we’re eliminating reflect the outcome of that review.”

Alphabet employed nearly 187,000 workers worldwide at the end of September 2022. The cuts represent a little over 6 percent of its total workforce.

Pichai said American employees have already been notified about the cuts while reductions in other countries will take longer due to local labor laws.

The cuts will be “across departments, functions, levels of responsibility and regions,” Pichai added.

“The fact that these changes will impact the lives of Googlers weighs heavily on me, and I take full responsibility for the decisions that led us here.”

Pichai said that the cuts would “sharpen our focus” towards new priorities, pointing to the necessity of investing even more in artificial intelligence.

“Being constrained in some areas allows us to bet big on others,” he said.

Google’s world-dominating search engine has found itself under pressure with the emergence of ChatGPT, a Microsoft-backed chatbot that can generate elaborate, human-like content in just seconds.

Microsoft has said the technology will be used to strengthen Bing, the longtime rival to Google search.

Pichai announced severance packages for US employees, who will receive at least 16 weeks of salary, their 2022 bonus, paid vacations and six months of health coverage.

He said he remained “optimistic about our ability to deliver on our mission, even on our toughest days.”

Wall Street welcomed the cuts: Alphabet shares rose by 3.5 percent in electronic trading before the stock market opened.

This tracked the effect of job cuts on other tech giants, with Meta’s share price up 35 percent since it announced 11,000 job cuts on November 9 and Amazon’s stock was up 13 percent since 18,000 people were let go earlier this month.

Analysts have said tech’s big guns had previously overspent, not seeing a slowdown on the horizon.

Advertisements
Advertisements
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email WhatsApp
Previous ArticleAlleged N50m Fraud: Court Revokes Former Access Bank Manager’s Bail 
Next Article Yemi Alade Allegedly Pregnant For Togo President 
Newsdeck
  • Website

Related Posts

Labour Part’s Alex Otti Wins Abia Guber Election

March 22, 20232 Mins Read

Nasarawa Governor Abdullahi Sule Re-Elected

March 20, 20231 Min Read

Bala Mohammed Re-Elected As Bauchi Governor

March 20, 20231 Min Read

INEC Declares NNPP’s Abba Yusuf Winner Of Kano Governorship Poll

March 20, 20231 Min Read

Comments are closed.

Don't Miss

Labour Part’s Alex Otti Wins Abia Guber Election

Featured March 22, 2023

The Independent National Electoral Commission, INEC, has declared the governorship candidate of Labour Party, LP,…

Nasarawa Governor Abdullahi Sule Re-Elected

March 20, 2023

Bala Mohammed Re-Elected As Bauchi Governor

March 20, 2023

INEC Declares NNPP’s Abba Yusuf Winner Of Kano Governorship Poll

March 20, 2023
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo
Our Picks

Labour Part’s Alex Otti Wins Abia Guber Election

March 22, 2023

Nasarawa Governor Abdullahi Sule Re-Elected

March 20, 2023

Bala Mohammed Re-Elected As Bauchi Governor

March 20, 2023

INEC Declares NNPP’s Abba Yusuf Winner Of Kano Governorship Poll

March 20, 2023

Subscribe to Updates

Get the latest creative news from SmartMag about art & design.

About Us
About Us

Newsdeck, Your source for the latest and credible news.

We continually stand for responsible journalism and sound media practice.

Email: newsdeckng@gmail.com

Facebook Twitter Pinterest YouTube WhatsApp
Our Picks

Labour Part’s Alex Otti Wins Abia Guber Election

March 22, 2023

Nasarawa Governor Abdullahi Sule Re-Elected

March 20, 2023

Bala Mohammed Re-Elected As Bauchi Governor

March 20, 2023
New Comments
    © 2023 Newsdeck. Designed by DeedsTech.
    • Home
    • About Us
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.

    Go to mobile version