Moneycontrol PRO
HomeNewsTrendsAlphabet Workers Union slams Google layoffs: ‘company made $17B in profits’

Alphabet Workers Union slams Google layoffs: ‘company made $17B in profits’

The Alphabet Workers Union said in a statement that the company's leadership taking “full responsibility” for widespread layoffs is “little comfort” for the 12,000 workers who are now without jobs.

January 21, 2023 / 12:51 IST
The layoffs are global and impact US staff immediately, Google said.

The Alphabet Workers Union said in a statement that the company's leadership taking “full responsibility” for widespread layoffs is “little comfort” for the 12,000 workers who are now without jobs.

Google's parent Alphabet Inc is in the process of laying off 12,000 employees, with CEO Sundar Pichai saying the company “hired for a different economic reality than the one we face today.”

“The fact that these changes will impact the lives of Googlers weighs heavily on me, and I take full responsibility for the decisions that led us here,” Pichai told employees in an email on January 20.

But the Alphabet Workers Union (AWU) slammed the job cuts as “unacceptable behaviour” from a company that reported $17 billion in profits last year alone. “While Alphabet leadership claims ‘full responsibility,’ that is little comfort for the 12,000 workers who are now without jobs. This is unacceptable behavior for a company that made $17B in profits last quarter alone,” the union said in a statement.


The unofficial trade union of 1100+ members also noted that Alphabet’s vast workforce of subcontractors is proof that people cannot rely on the company for secure employment.

“It’s appalling that our jobs are first on the chopping block so shareholders can see a few more points in a chart next quarter,” AWU said in a statement. “Today’s news has only made us more determined to continue organizing for improved working conditions on behalf of everyone at Google.”

Alphabet’s job cuts will affect 6% of its workforce. Meanwhile, shares in Alphabet, which boosted its workforce by nearly a third through 2020 and 2021, rose 4% on Friday, Reuters reported. They had fallen 30% in the past 12 months, echoing a 24% slump in the broader tech industry.

Moneycontrol News
first published: Jan 21, 2023 12:49 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347