The Real Reasons For Big Tech Layoffs At Google, Microsoft, Meta, and Amazon
Bernard Marr
FEBRUARY 13, 2023
Microsoft, which is reported to have laid off around 10,000 employees, practically simultaneously announced that it plans to invest $10 billion in OpenAI, the creators of the viral application ChatGPT. Likewise, Google's parent company Alphabet announced plans to reduce its global headcount by 12,000 – a cut of around six percent.
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