Google parent Alphabet is cutting around 12,000 jobs, or around 6 percent of its global workforce, the company announced in a blog post directed at employees. CEO Sundar Pichai wrote that he was “deeply sorry” to employees that will be let go and that it was a “difficult decision to set us up for the future.” The layoffs will be felt globally and across the entire company, and Pichai said he takes “full responsibility for the decisions that led us here.” 

Alphabet went on a hiring spree over the last few years during a period of “dramatic growth,” but Pichai said that “we hired for a different economic reality than the one we face today.” Over the past few weeks Microsoft, Amazon, Meta and others instituted equally painful and dramatic job cuts due to economic conditions. 

Developing…