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The Latest Breaking News from Sundar Pichai

Google’s parent company Alphabet said on Friday it would cut 12,000 jobs globally, citing a changing “economic reality”, becoming the latest US tech giant to enact large-scale restructuring.

Bangkok Post

Google axes 12,000 jobs, layoffs spread across tech sector

“We hired for a different economic reality than the one we face today,” CEO Sundar Pichai said Friday in an email to staff that was also posted on the company’s news blog.

Chicago Sun-Times

Google owner Alphabet announces 12,000 job cuts as it follows Microsoft's cull of 10,000

Google has more than 5,000 employees in the UK

Wales Online

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Google announces 12,000 job cuts

New York (AFP) - Google's parent company Alphabet announced about 12,000 job cuts globally on Friday citing a changing "economic reality", becoming the latest US tech giant to enact large-scale restructuring.

AFP

Google is cutting 12,000 jobs, adding to a series of Big Tech layoffs in January

The layoffs at Google follow similarly huge cuts at Microsoft, Amazon and Salesforce. Tech companies who hired rapidly during the pandemic now face fears of recession.

WEKU

Google Ireland job fears as firm to lay off 12,000 workers in latest blow to tech sector

It comes after other companies including Microsoft, Amazon and Meta recently announced plans to axe workers.

Irish Mirror

Google Plans 12,000 Job Cuts As Big Tech Extends Headcount Cull; Stock Surges

“These are important moments to sharpen our focus, reengineer our cost base, and direct our talent and capital to our highest priorities," said CEO Sundar Pichai

The Street

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Google search had its most popular day ever during the World Cup final

The stunning final between Argentina and France sent fans rushing to Google to keep up with the score

Evening Standard

India's Envoy To US Hands Over Padma Bhushan To Sundar Pichai

On the eve of the 73rd Republic Day, the Ministry of Home Affairs stated that Sundar Pichai would be conferred with Padma Bhushan.Read on for details:

Dynamite News

Hedge fund manager at Rishi Sunak’s old workplace paid himself $1.9 million a day this year

His fund holds stakes in some of the world’s biggest companies.

Fortune

End of an era? Get to know the big bosses quietly reshaping how tech does business...

With Elon mayhem at Twitter and mass firings at Meta, Silicon Valley is in chaos. Meanwhile, some low-key kingpins are quietly reshaping how tech does business (and you’ve probably never heard of them). Kate Wills reports

Evening Standard

Big Tech's recent hiring splurge will make cutting costs even harder

Meta, Alphabet and Microsoft all saw headcount rise 20% or more last year, making cutting costs hard.

Axios

US tech titans buffeted by economic headwinds and TikTok

San Francisco (AFP) - US tech titans looking to the future are seeing growth take a beating in the face of foreign competition and a tough economy.

AFP

If You Invested $1,000 In Google The Last Time It Reported Earnings, Here's How Much You'd Have Now

Back in July, Google parent company Alphabet Inc. (NASDAQ: GOOG) (NASDAQ: GOOGL), reported its second-quarter earnings,

Benzinga

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Tribune News Service

Google parent Alphabet drops as earnings, sales miss estimates

After reporting earnings and revenue that missed expectations, Google parent Alphabet Inc. said on Tuesday it would slow hiring and control expenses, signaling that it was girding for tough times ahead as the economy falters.

AFP

Google's money churning ad engine sputters in rough economy

San Francisco (AFP) - Google parent Alphabet on Tuesday reported quarterly earnings that fell short of market expectations as belts tightened in the digital ad market that drives its revenue.

AFP

Google parent Alphabet's profits fall short at $14 bn

San Francisco (AFP) - Google parent Alphabet on Tuesday reported quarterly earnings that fell short of market expectations as belts tightened in the digital ad market that drives its revenue.

The Street

Alphabet Leaves a Huge Market

Google's parent company just pulled its latest product from China.

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news in one place.

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The Street

Amazon Sends Chilly Signs About the Economy

The e-commerce giant has just made a decision that suggests the health of the economy is not improving.

The Guardian - UK

Money isn’t important! Take it from Google’s multimillionaire CEO

What’s more annoying than a very rich boss cutting his staff’s benefits? A very rich boss announcing it shouldn’t stop them having fun

The Street

Alphabet CEO Pichai Continues to Sound Alarm About the Economy

The parent company of Google and Youtube is preparing for a sharp deterioration in the health of the economy.

The Independent UK

Multi-millionaire Google CEO Sundar Pichai tells workers don’t ‘equate fun with money’ during meeting

The company reported disappointing earnings figures in July

Input

Tech CEOs come together to rail against TikTok, ignoring domestic threats

Big Tech loves to hate on TikTok, but there are plenty of privacy threats that live much closer to home.

Axios

TikTok unites tech factions against it

At the Code Conference, rivals, tech giants and tech critics all described the Chinese-owned platform as a threat.

The Street

Alphabet CEO Pichai Sends New Warnings About the Economy

Alphabet, parent of search and cloud giant Google, aims to adapt quickly to the current macroeconomic upheaval.

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