Workforce Reduction Announcements News Today : Breaking News, Live Updates & Top Stories | Vimarsana

thousands more people are waking up to the news they will soon be out of a job. after google's parent company alphabet announced it is slashing a whooping 12,000 jobs worldwide. that's more than 6% of its workforce according to cnbc. it's one day after microsoft announced 10,000 layoffs. so what's driving these signature job cuts and what does it say about our economic climate? president biden marking the halfway point of his first term in the white house under a cloud of controversy. the president finally broke his days' long silence about classified documents from his time as vic...

Microsoft also just earlier this week announcing 10,000 job cuts. so in the case of alphabet, specifically, it's about 6% of the worldwide workforce as you mentioned. it's the largest ever round of layoffs and the ceo of alphabet saying that he takes full responsibility for the decisions that led us here. generous severance package for what it's worth. it also speaks to the fact that you are starting to see some smaller names begin to issue layoffs too, just wayfair, for example, the e-commerce company wayfair, earlier this morning, belts tightening, basically. we saw all of these companies ex...