“I Have Difficult News To Share”: Google CEO Tells Employees 12,000 Jobs Will Be Cut

MOUNTAIN VIEW, UNITED STATES - 2020/02/23: American multinational technology company Google logo seen at Googleplex, the corporate headquarters complex of Google and its parent company Alphabet Inc. (Photo by Alex Tai/SOPA Images/LightRocket via Getty Images)

The company plans to fire 12,000 employees or reduce headcount by about 6% — the largest-ever round of layoffs for the tech firm …

Microsoft to Layoff 10,000 Employees as Part of a Massive Cost-Cutting Initiative

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CEO of Microsoft, announced in a memo to employees that the company will begin laying off “less than 5 percent of our total employee base”

Amazon To Fire 10,000 Employees, Largest Layoff In Company History

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Amazon shares pumped and dumped on today’s news … And the momentum in layoffs only appears to be worsening …