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Google staged tens of thousands of layoffs CEO response: executive year-end bonus dropped sharply

via:快科技     time:2023/1/25 10:00:28     readed:55

Recently, American technology companies have staged a wave of layoffs, Amazon and Microsoft have announced major layoffs. As one of the global technology giants, Google also announced ten thousand layoffs last week.

On January 21, Google's parent company, the American alphabet, announced on the 20th that it would lay off about 12000 employees worldwide.As a result, it has become the latest giant to make large-scale layoffs in a wave of layoffs at American technology companies since last year.

As a result, it has become the latest giant to make large-scale layoffs in a wave of layoffs at American technology companies since last year.

Google CEO Sandal & middot; Pichai told employees on Monday that the layoffs are intended to take decisive action in the event of a slowdown in the company's growth to avoid & ldquo; worse & rdquo; 's problems.

He also stressed that the layoffs were the result of careful consideration. The process of ldquo; is by no means random. & rdquo; Pichai said. He addedBecause bonuses are tied to the company's performance and the leadership is accountable, the year-end bonuses for all senior vice president and above positions will be significantly reduced & ldquo; & rdquo;.

In addition, it is worth noting that well-known analysts pointed out that the record number of employees of Google's parent company caused a significant profit margin risk in fiscal year 2023.But the layoffs could save it between $2.5 billion and $3 billion.

And in the past few months, the four largest technology companies in the United States have laid off a total of 51000 jobs. While the US job market remains tight, the data add to fears of a recession, and layoffs in the technology sector are a sign that the outlook for job security is starting to become more negative.

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