Alphabet
Alphabet Reports $263.01 Billion Net Income in Q3, Up 34% YoY
October 30, 2024 – Alphabet, the parent company of Google, today released its financial results for the third quarter of fiscal year 2024, ended September 30. The report revealed that the tech giant achieved a total revenue of 882.68billion,markinga15766.93 billion reported in the same period last year. When adjusted for currency fluctuations, the growth rate…
Alphabet to Lay off 12,000 Employees Amid Accelerated Tech Industry Cutbacks
Alphabet, the parent company of Google, has announced that it will lay off 12,000 employees in a memo to staff. This move comes as the latest indication of accelerated layoffs in the US tech industry. In a similar move, Microsoft, a competitor of Google, announced on January 18th that it will lay off 10,000 employees…