Google's layoffs have affected thousands of employees. The tech company cited a weak economy for the job cuts and is restructuring to focus on AI.

Google layoffs in 2023 affected about 6% of the company’s global workforce, or about 12,000 people, starting in January.

Google’s layoffs aren’t necessarily a signal that the company isn’t doing well. The company’s market cap has nearly quadrupled since 2015, reaching $1.7 trillion.