Tag: people

Google to lay off 12,000 people, memo from CEO Sundar Pichai says

Google-parent Alphabet slashes headcount by 12,000

Google said Friday it will lay off 12,000 people from its workforce, adding to the slew of major U.S. tech companies cutting jobs amid fears of an oncoming recession.

Sundar Pichai, the CEO of Google and parent company Alphabet, said in an email sent to the company’s staff Friday that the firm will begin making layoffs in the U.S. immediately. In other countries, the process “will take longer due to local laws and practices,” he said. CNBC reported in November that Google employees had been fearing layoffs as its counterparts made cuts and as employees saw changes to the company’s performance ratings system.

The web search and video sharing giant will offer U.S.-based employees 16 weeks of severance pay plus two weeks for each additional year they’ve worked at Google, Pichai added.

Google shares closed up more than 5% after the news.

Tech companies are facing a variety of challenges at the moment, not least rising interest rates and inflation over the past year that have clobbered technology shares and forced advertisers to cut back on online ad spending.

Hikes to interest rates from the U.S. Federal Reserve in particular have led to souring appetite for American tech shares. The gloomy macroeconomic climate has in turn piled pressure on those companies to make deep cuts to their workforces.

LOS ANGELES, CALIFORNIA – JUNE 09: Google CEO Sundar Pichai speaks at a panel at the CEO Summit of the Americas hosted by the U.S. Chamber of Commerce on June 09, 2022 in Los Angeles, California. The CEO Summit entered its second day of events with a formal signing for the “International Coalition to Connect Marine Protected Areas” and a speech from U.S. President Joe Biden. (Photo by Anna Moneymaker/Getty Images)

Anna Moneymaker | Getty Images News | Getty Images

On Wednesday,

7 people killed in related shootings south of San Francisco

Seven people were killed in two related shootings Monday at a mushroom farm and a trucking firm in a coastal community south of San Francisco, and a suspect was in custody, officials said.

Four people were killed at the farm and three at the trucking business on the outskirts of Half Moon Bay, a city about 48 kilometres south of San Francisco, according to San Mateo County Board of Supervisors President Dave Pine. 

The police have arrested 67-year-old Zhao Chunli in connection with the shooting, Pine said.

It wasn’t immediately clear how the locations were connected, though Pine said the suspect worked for one of the businesses. He called the suspect a “disgruntled worker.”

The San Mateo County Sheriff’s Office first received reports of a shooting just before 2:30 p.m. local time and found four people dead from gunshot wounds and a fifth injured person at the first scene. Shortly thereafter, officers found three more people dead from gunshot wounds at a second location about eight kilometres away, Capt. Eamonn Allen said in a news release.

Police officers seen by the light of their police cars in the dark, the word "sheriff" on their backs.
Law enforcement personnel control the scene of a shooting Monday in Half Moon Bay, Calif. (Jeff Chiu/The Associated Press)

The sheriff’s office did not share any information about the connection between the two locations.

According to Allen, the motive for the shooting is not known.

About two hours after first responding, a sheriff’s deputy found the suspect, Zhao, in his car at a sheriff’s station in Half Moon Bay. He was taken into custody and a weapon was found in his vehicle. The sheriff’s department believes he acted alone, Allen said.

Shootings rock ‘close-knit’ agricultural community

California Sen. Josh Becker, who represents the area, said people were killed in separate shootings. San Mateo County Supervisor David Canepa tweeted that one shooting happened at a