In layoff season, Google may fire 10,000 'low performing' employees

The news on layoff at Google has come within days of a letter that hedge fund TCI, an investor in the company, wrote to Alphabet. TCI has shares worth $6 billion in Alphabet

Alphabet, the parent company of Google, is likely to join the list of Big Tech companies going for large-scale layoffs. With this, almost the entire universe of FAANG — acronym for Facebook, Amazon, Apple, Netflix and Google — has now come under the layoff turbulence hitting tens of thousands of tech jobs around the world.

Reports surfaced on Tuesday about the Mountain View (California)-headquartered tech giant  planning to fire around 10,000 employees. This follows unprecedented job cuts at Meta (Facebook), Amazon and Twitter. Apple has already announced a hiring freeze, while Netflix fired about 450 employees in two rounds earlier this