Google, Microsoft, Goldman Sachs and Salesforce laid off thousands of employees this month, after more than 125,000 U.S. employees lost their jobs in 2022.
Nearly 60,000 employees lost their jobs in large corporate layoffs in the U.S. so far this month—the highest monthly total sincebegan tracking layoffs fueled by recession fears last year—with Google, Microsoft, Amazon, Goldman Sachs and Salesforce cutting thousands of employees.
In a press release, CEO Sundar Pichai said the layoff comes after two years of “dramatic growth” and over-hiring for a “different economic reality that the one we face today”—echoing a sentiment employers made throughout the better part of 2022, when nearlyMicrosoft cut 10,000 employees earlier this week when the software giant
it would let go of nearly 5% of its workforce—its second round of cuts in recent months, after it announced in October that it would let go of another 1% of its approximately 180,000 employees.
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