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Google CEO and parent company Alphabet Sundar Pichai made the announcement on Tuesday, citing an “uncertain outlook on the world economy” in an internal memo. Google has confirmed the letter to CNN Business, but declined to comment further.
“As we move forward, we need to be more entrepreneurial, more hungry, more focused and more hungry than we have been on sunny days,” Pichai said in a statement, The Wall Street Journal reported. “In some cases, this means strengthening investment by overlapping and streamlining processes.”
According to Fidel, at the end of March it had a total of 163,906 employees, and according to the census, the number has increased by more than 20,000 last year.
Google notes that the once-over-the-air technology sector is undergoing a new reality test as consumer demand for change changes during the epidemic. The threat of rising inflation, rising interest rates, and the looming economic downturn has led many tech companies to hire or cut workers.
An increasing number of technology companies, including Netflix and Coinbase, have announced their dismissal. GoPuff, the fastest shipping startup, has announced plans to cut 10 percent of its global workforce and close dozens of US warehouses. Although Microsoft plans to continue hiring, it confirmed earlier this week that it was reducing the number of jobs.
Other companies, Uber, Lift, Snap, Twitter and Apple, have announced plans to cut costs in the future.
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