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Here's 1 Top-of-Mind Trend for Alphabet as It Lays Off Workers

Here's 1 Top-of-Mind Trend for Alphabet as It Lays Off Workers

On Jan. 20, tech giant Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL), Google's parent company, made headlines because it laid off 12,000 of its employees, which was roughly 6% of its workforce. Is Alphabet afraid of competition from AI? Others focused on CEO Sundar Pichai when he said, "I take full responsibility for the decisions that led us here."