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Google’s Stock Climbed After It Fired 12,000 Employees, But What Did They Get Out of It?

Alphabet, the parent company of Google, has announced it will lay off about 6 percent of its global workforce. Google CEO Sundar Pichai sent his employees a letter warning of imminent layoffs and saying how “deeply sorry” he was. He offered for workers…

Alphabet, the parent company of Google, has announced it will lay off about 6 percent of its global workforce. Google CEO Sundar Pichai sent his employees a letter warning of imminent layoffs and saying how “deeply sorry” he was. He offered for workers to “feel free to work from home” for the day in order to process the tough news that about 12,000 of them would soon lose their jobs. More

The post Google’s Stock Climbed After It Fired 12,000 Employees, But What Did They Get Out of It? appeared first on CounterPunch.org.


This content originally appeared on CounterPunch.org and was authored by Sonali Kolhatkar.


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» Google’s Stock Climbed After It Fired 12,000 Employees, But What Did They Get Out of It? | Sonali Kolhatkar | Radio Free | https://www.radiofree.org/2023/01/23/googles-stock-climbed-after-it-fired-12000-employees-but-what-did-they-get-out-of-it/ |

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