Sundar Pichai
Google CEO Sundar Pichai just announced a new round of layoffs.
  • Google is the latest Big Tech company to announce job cuts.
  • Big Tech went through several rounds of massive cuts last year. Now it's making smaller ones.
  • This could become the new normal for Big Tech, for a couple of reasons.

When Google announces earnings in a couple of weeks, it will announce that it made tens of billions of dollars in profit last year.