Alphabet

About Alphabet

Alphabet Inc. is an American multinational technology conglomerate holding company headquartered in Mountain View, California. It was created through a corporate restructuring of Google in 2015 and is the parent company of Google and several other notable subsidiaries.

CEO: Sundar Pichai

Year Established: 1998

Last Year's Revenue (in billions): $280.45

Stock Symbol: GOOGL

Headquarters Location: Mountain View, CA

*As of 2023-11-20

Recent Layoff Information

Total Employees	Employees Laid Off (Estimated Yearly Total^[1])	Date of Last Layoff
163,951	12,000	January 2023

Total Employees	163,951
Employees Laid Off (Estimated Yearly Total^[1])	12,000
Date of Last Layoff	January 2023

Layoffs This Year

Layoffs Past 5 Years

Compared to All Companies

Note: Amazon and Walmart data ommited due to size.

Compared to All Companies as a Percentage (layoffs/employees)

Note: Amazon and Walmart data ommited due to size.

Compared to Sector

Compared to Sector As a Percentage (layoffs/employees)

Are More Layoffs Expected?

While Alphabet has not made any specific announcements about future layoffs, there are some factors that suggest that more layoffs could be possible in the next year.

The company has been slowing its hiring pace: In recent months, Alphabet has slowed its hiring pace, which is a sign that the company is trying to control costs. This could lead to layoffs in the future if the company needs to further reduce its expenses.

The economy is slowing down: The U.S. economy is slowing down, which could lead to a decrease in demand for Alphabet's products and services. This could force the company to make layoffs in order to remain profitable.

The company is facing increased competition: Alphabet is facing increased competition from other technology companies, such as Amazon and Meta. This competition could put pressure on Alphabet's margins, which could lead to layoffs.

Reason for Layoffs

To reduce costs and improve efficiency.

Articles

The Great Pause: Inside the Fortune 500 Hiring Slowdown

December 29, 2023

When Snowflakes Turn to Severance Papers: The Most Grinchy Layoffs in Festive History

December 25, 2023

The Robot in the Room: AI and the Looming Shadow over 2024 Jobs

December 21, 2023

Our Top 10 Layoffs by Percentage in 2023

December 20, 2023

Unveiling the Stealthy World of Soft Layoffs

December 20, 2023

New Graduates Guide to Navigating the 2024 Workforce

December 18, 2023

Amidst Layoff Fog, Beacons of Hope: States with Sunshine in the 2024 Job Market

December 17, 2023

Conversations

No Conversations. Start the first one!

[1]Layoff totals are the totals over the past year and not most recent round of layoffs. Totals will not be exact as it is not possible to track at that level of detail in real time. All information is gathered from SEC filings, WARN notices, news articles, social media posts, and users who post on our site. Layoffinsider uses various ai tools to help gather the data which is then reviewed by humans and cross checked for validity. If you suspect there is incorrect data then please reach out to us for prompt investigation. We want to be the number one trusted source for tracking layoffs.

Get In Touch

1701 California St, Denver, CO 80202

contact-us@layoff.com