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well start with the latest round of job Cuts in the tech industry Googles parent alphabet says its letting 12 000 people go from its teams around the world in a memo to stop chief executive Sundar pichai said that the companys Mass hiring over the last two years was for a different economic reality than the one we face today it comes just days after Microsoft became the latest in a string of big Tech firms to make cuts to its Workforce recent weeks have seen these changes because of the pressures the global economy is facing well lets get more on this and bring in our international business correspondent Theo legger if I stand in the right place hopefully the audience can see you um Theo whats driving these job cuts well you put it quite succinctly there actually Jonathan um these companies by and large over hired during the covid pandemic the covid pandemic was bad for many businesses but for the tech sector it was actually rather good the kind of services that they provided we