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we hired for a different economic reality than the one we faced today thats what Google CEO Sundar pinchai said today as parent company alphabet announced its laying off 12 000 employees so what economic reality lies ahead for Google John Freeman is the cfra vice president of equity research nice to see you sir uh you know its nice to see in your notes not entirely focused on the share bounce or the head count but the personal side of this if you dont mind laying in uh weighing in there yeah you know getting laid off is just it can be a traumatic experience for your life Ive been laid off it is not fun its a one-two punch one it hits your ego right and then two suddenly you have the stress of having to find a job all of a sudden now with the likes of Google and the likes of alphabet Microsoft right we know what their their cost of their layouts are going to be about 10 000 people and thats 1.2 billion they said they were taking on a charge so back you know back envelope some of