World sees Big Tech’s job-slashing wave

Google’s announcement Friday it would slash nearly 12,000 jobs worldwide is the latest in a series of mass layoffs in the once-unassailable tech sector, which is facing a huge downturn.

Here are the others:

Amazon said on January 5 it would cut more than 18,000 jobs from its workforce, citing “the uncertain economy” and the fact it had “hired rapidly” during the pandemic.

During Covid, Amazon had gone on a hiring spree to meet an explosion in demand for deliveries, doubling its global staff between the beginning of 2020 and start of 2022.

It was the largest among the recent workforce reductions in the US tech sector and the biggest for the Seattle-based company.