It felt like one of the last holdouts, but Google has confirmed that it was joining its tech peers and laying off 12,000 staff or 6 per cent of its global workforce. It was the first major round of layoffs in Google/Alphabet’s almost 25 years of operations and, as a result, Apple is now the only one of the Big Tech brands not to have cut staff in the last 12 months. The “tech wreck” that started with a stock market correction in November 2021 has now morphed into what seems like an endless round of cost-cutting and layoffs at…
Don’t miss out on what is going on with our daily unique stories from our team of skilled journalists and insightful commentators. Members of The Currency get full access to over 4,000 exclusive interviews, investigations, and analysis, plus over 460 podcasts. Annual membership is just €200 for the first year, a saving of €100. Or try The Currency for the first month for a special introductory rate of €5, a saving of €20. Cancel at any time. To become a member today click here.
Join The Currency
INTRODUCTORY OFFER: Full annual membership for just €200.