First got here Twitter, then Meta, Amazon, and Microsoft, and now Google has turn into the most recent tech big to announce a round of layoffs affecting thousands of its employees. Round 12,000 jobs are anticipated to be lower globally, or over 6 p.c of the corporate’s headcount. Google’s sister company Verily introduced a smaller spherical of layoffs earlier this month.
Elsewhere, Netflix introduced huge information throughout its newest earnings launch. Co-founder Reed Hastings is stepping down from his position as co-CEO after 25 years of operating the corporate, however he’ll keep on as government chairman. The corporate additionally plans to maneuver forwards with its restrictions on password-sharing, which is able to see customers charged additional in the event that they wish to stream exterior of the first family.
For now, right here’s a tweet to start out your day: