Amazon Alexa, the smart speaker that blazed a new category in the consumer electronics field, is not the moneymaking machine they expected Read More...
TechCrunch
Google parent Alphabet cuts 6% of its workforce impacting 12,000 people
Alphabet, parent holding company of Google, has announced that it’s cutting around 6% of its global workforce. In an open letter published by Google and Alphabet CEO Sundar Pichai, the narrative followed a similar trajectory to that of other companies that have downsized in recent months, noting that the company had “hired for a different economic reality” than what it’s up against today. “We’ve undertaken a rigorous review across product areas and functions to ensure that our people and roles are aligned with our highest priorities as a company,” Pichai wrote, adding that the layoffs will impact units across Alphabet, not just Google, and that all regions and product areas will be affected.
