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‘Sharpen focus’ – Alphabet to cut 12,000 jobs

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Google’s parent company, Alphabet, is cutting around 12,000 jobs

 
The company is set to be focusing its energies on artificial intelligence, and axing staff who support experimental projects.

“It is time to sharpen our focus, reengineer our cost base and direct our talent and capital to our highest priorities,” Alphabet boss Sundar Pichai said in an email to staff.

The job cuts could save Alphabet around $2.5-3 billion in costs.

The cuts follows similar moves announced by Microsoft and Amazon last week.

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