Google Parent Alphabet Said to Cut 12,000 Jobs in Latest Jolt to Technology Sector

Google Parent Alphabet Said to Cut 12,000 Jobs in Latest Jolt to Technology Sector

Alphabet is eliminating 12,000 jobs, its chief executive said in a staff memo shared with Reuters. The cuts mark the latest to shake the technology sector and come days after rival Microsoft said it would lay off 10,000 workers. The job losses affect teams across the company including recruiting and…