More than 7500 employees fired by 46 companies in first two weeks of 2024

Credit: DNA- Published on January 15, 2024
Tech companies, including startups, around the world fired more than 425,000 employees in 2022 and 2023, with more than 36,000 employees being sacked in India in the same time frame.

Video credit: Wibbitz Top Stories
Published on January 18, 2024 -  01:31
Googleโ€™s CEO Says There Will Be More Layoffs
Googleโ€™s CEO Says , There Will Be More Layoffs. Google CEO Sundar Pichai sent a companywide memo on Jan. 17 detailing more job cuts on the horizon, according to CNN. Google CEO Sundar Pichai sent a companywide memo on Jan. 17 detailing more job cuts on the horizon, according to CNN. The layoffs come as Google shifts its focus "toward artificial intelligence 'and beyond,'" CNN reports. . While the scale of the impending layoffs won't be as large as the job cuts last year. โ€œsome teams will continue to make specific resource allocation decisions throughout the year where needed, and some roles may be impacted,โ€ Pichai wrote. We have ambitious goals and will be investing in our big priorities this year. , Sundar Picahi, via memo to employees. The reality is that to create the capacity for this investment, we have to make tough choices โ€ฆ. [and] to simplify execution and drive velocity in some areas, Sundar Picahi, via memo to employees. I know itโ€™s very difficult to see colleagues and teams impacted. , Sundar Picahi, via memo to employees. Google is reportedly offering to help affected workers find new jobs. Meanwhile, on Jan. 17, 'The New York Times' reported that YouTube was also laying off 100 employees. A Google spokesperson confirmed both Pichai's memo and the YouTube layoffs to CNN. . A Google spokesperson confirmed both Pichai's memo and the YouTube layoffs to CNN.

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