Google parent Alphabet to cut 12,000 jobs worldwide

Google office signage.  

Photo credit: File Photo | Nation Media Group

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.

The layoffs come a day after Microsoft said it would reduce staff numbers by 10,000 in the coming months, following similar cuts by Facebook owner Meta, Amazon and Twitter as the previously unassailable tech sector battles a major economic downturn.

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