Alphabet finally makes the tough call to lay off workers. Here's how its cut of 12,000 jobs compares to the rest of Silicon Valley.

Alphabet is laying off 12,000 staff due to a "different economic reality than the one we face today." The decision to reduce headcount comes as most of its Silicon Valley peers

have already made cuts. Here's how cuts at the Google parent company compare with the rest of the tech sector.  As many Silicon Valley firms made deep cuts to their workforce,

Google's parent company, Alphabet, remained one of the last firms standing without significant layoffs. But no more.  On Friday, Sundar Pichai, CEO of Alphabet, announced

that he was cutting around 12,000 jobs after "dramatic growth" during the pandemic as demand for digital services boomed. "To match and fuel that growth, we hired for a

different economic reality than the one we face today," Pichai said in a blog post.  Amazon, Meta, Salesforce, and Microsoft have all been forced to slash tens of thousands

of jobs in recent months as interest rates rose to tackle soaring inflation. This leaves Apple as the last of the major tech companies to avoid layoffs. Having enjoyed a

bull run over the last decade fuelled by the era of cheap money, tech's incumbents are now being forced to reckon with a new reality. Here's how the Alphabet's cuts compare with

the rest. Some companies cut deeper than others Prior to Alphabet's layoffs announcement, Wall Street was eyeing whether Alphabet would institute layoffs or not. Mark

Schilsky, TMT analyst at Bernstein, wrote in a newsletter on Tuesday that "Google is still on an island. Despite seemingly all of its internet peers announcing job cuts, Google

likely hired another 6K employees in 4Q22," Schilsky wrote. "For investors, this intransigence in the face of a rapidly slowing topline is maddening."