Layoffs at Alphabet are the latest sign Big Tech is finally taking steps to manage ballooning expenses

Layoffs at Alphabet are the latest sign Big Tech is finally taking steps to manage ballooning expenses

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Google parent company Alphabet (GOOGL) on Friday became the latest technology giant to lay off thousands of workers — a move we expected from the Club holding given falling advertising revenue and growing fears of a recession. Alphabet CEO Sundar Pichai announced the headcount reductions in an…

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