Sundar Pichai’s e-mail to staff as Google announces 12,000 layoffs
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Google's parent firm Alphabet has announced that it will be slashing its global workforce by 12,000, and the decision was communicated to employees by CEO Sundar Pichai's email. He took full responsibility for the decision and cited the need for reengineering costs to invest more funds towards priority segments as a reason behind the layoff. He also hinted at diverting more investment towards opportunities in Artificial Intelligence.