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Google parent company to slash thousands of roles

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Alphabet and Google CEO Sundar Pichai announced in an email to employees that the company plans to slash around 12,000 roles.

"I have some difficult news to share. We've decided to reduce our workforce by approximately 12,000 roles," Pichai wrote. "They cut across Alphabet, product areas, functions, levels and regions," he noted. "Over the past two years we've seen periods of dramatic growth. To match and fuel that growth, we hired for a different economic reality than the one we face today."

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