<ul><li>Alphabet, Google's parent company, announced it will cut 12,000 jobs, 6% of its global workforce, as tech firms retrench after years of growth and hiring.</li><li>CEO Sundar Pichai announced global job cuts across the entire company in an email to employees, taking responsibility for the decision.</li><li>Amazon and Microsoft have recently announced significant downsizing, cutting 18,000 and 10,000 jobs respectively.</li></ul>

Google parent Alphabet plans to cut 12,000 jobs or 6% workforce worldwide

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