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Google’s parent company Alphabet to cut 12,000 jobs

Google’s parent company Alphabet is cutting 12,000 jobs, around 6% of its global workforce, according an internal memo from Sundar Pichai, Alphabet’s CEO.

In an email on Friday morning, Pichai told employees that he takes “full responsibility for the decisions that led us here” but the company has a “substantial opportunity in front of us” with its early investments in artificial intelligence.

News outlet Reuters reported that the layoffs are global but are set to impact US staff immediately, and will affect teams across the company including recruiting and some corporate functions, as well as some engineering and products teams.

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Source:: Computerworld