Google lays off 12000 employees, but it promises innovations in the field of AI
In Brief
The tech sector is going through a difficult period.
Google CEO Sundar Pichai wrote an open letter to all Google employees about this challenging choice today.
Google was compelled to make the challenging choice to let 12,000 employees go.
Pichai remained upbeat about Google’s future despite the layoffs.
It’s a tough time to be in the tech industry. Just two days ago, Microsoft announced the second wave of layoffs that will affect 10,000 employees. Layoffs have already swept through all the major tech companies, and Google has not been bypassed.
Google has been forced to make the difficult decision to lay off 12,000 employees. This was not an easy decision, but it is one that the company believes is necessary in order to continue innovating and investing in new areas, like artificial intelligence.
Today, Google CEO Sundar Pichai published an open letter to all Googlers about this difficult decision.
However, given the continued challenges in the global economy, we need to make some tough decisions in order to ensure that we are set up for success in the years ahead
he continued
Pichai explained that the company had been “investing heavily” in some of its newer businesses, like cloud and artificial intelligence (AI). But it had also been “managing costs very responsibly” over the past few years.
“Today, we are sharing the news that we will be making some organizational changes that will result in the reduction of approximately 12,000 full-time roles globally,” Pichai wrote. “This is a tough decision, and we empathize with everyone who’s been affected.”
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The layoffs will affect all departments, but Pichai said that the company would be “especially focused” on reducing the number of contractors and vendors.
“We’re not doing this because we take these decisions lightly,” he concluded. “But we believe these steps are necessary to create the right size and focus for our products and services going forward.”
Despite the layoffs, Pichai remained optimistic about Google’s future. For Google, AI is the future. And they are not the only ones. Many other tech companies, like Microsoft, are also investing heavily in AI. So while this news is certainly disappointing, we are confident in the potential of this technology and believe that Google is well-positioned to continue leading the way in AI adoption.
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Damir is the team leader, product manager, and editor at Metaverse Post, covering topics such as AI/ML, AGI, LLMs, Metaverse, and Web3-related fields. His articles attract a massive audience of over a million users every month. He appears to be an expert with 10 years of experience in SEO and digital marketing. Damir has been mentioned in Mashable, Wired, Cointelegraph, The New Yorker, Inside.com, Entrepreneur, BeInCrypto, and other publications. He travels between the UAE, Turkey, Russia, and the CIS as a digital nomad. Damir earned a bachelor's degree in physics, which he believes has given him the critical thinking skills needed to be successful in the ever-changing landscape of the internet.
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Damir is the team leader, product manager, and editor at Metaverse Post, covering topics such as AI/ML, AGI, LLMs, Metaverse, and Web3-related fields. His articles attract a massive audience of over a million users every month. He appears to be an expert with 10 years of experience in SEO and digital marketing. Damir has been mentioned in Mashable, Wired, Cointelegraph, The New Yorker, Inside.com, Entrepreneur, BeInCrypto, and other publications. He travels between the UAE, Turkey, Russia, and the CIS as a digital nomad. Damir earned a bachelor's degree in physics, which he believes has given him the critical thinking skills needed to be successful in the ever-changing landscape of the internet.
