Alphabet CEO Sundar Pichai said the company “hired for a different economic reality than the one we live in today.”
Not even Google is saved from the wave of layoffs that has been affecting technology companies .
Sundar Pichai, CEO of parent company Alphabet , announced that Google will lay off about 12,000 employees, about 6.4% of its global workforce.
In a message titled “A Tough Decision to Prepare for the Future,” Pichai announced that affected US Google employees have already received an email, while the process will take longer in other countries, depending on local employment laws.
“Over the past two years we have seen periods of dramatic growth. To keep up and increase this growth, we contracted for a different economic reality than the one we live in today,” Pichai apologized .
Google and what’s next
Sundar Pichai indicated that he is “fully responsible for the decisions that brought us here.”
“We have done a rigorous review across all product and feature areas to ensure our people and roles are aligned with our highest priorities as a company. The roles we are removing reflect the outcome of this review. They affect all of Alphabet , product areas, functions, tiers and regions,” she stated.
Laid-off “Googlers” in the United States will have a minimum of 60 days of salary, severance payments that start at a payment for 16 weeks of work, 2022 bonuses, health benefits, help to find a job and immigration consulting.
Google will have a meeting with its employees on Monday to clarify doubts about this restructuring.