Home industry media-and-entertainment Google reduces staff and assigns some positions to overseas centers
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CIO Bulletin
2024-04-18
Google, owned by Alphabet, is reportedly laying off a few employees as part of cost-cutting measures, with internal positions open to affected employees and not a company-wide layoff.
A corporate representative announced on Wednesday that Google, which is owned by Alphabet, is laying off an indeterminate number of workers. This represents the latest cost-cutting measures taken by the internet behemoth. Google has announced layoffs, clarifying they are not across the company, with affected employees eligible for internal roles. However, no information was provided on the affected teams or the total number of people affected, with only a small percentage going to investment hubs in Atlanta, Chicago, Dublin, and India.
Google has announced layoffs following a wave of job cuts in the internet and media sectors this year. The layoffs are affecting employees in finance and real estate departments, as well as revenue cash operations, business services, and treasury departments, raising concerns about the persistence of layoffs amid economic uncertainty.
According to a Business Insider article, Ruth Porat, Google's finance boss, informed staff via email that part of the restructure included increasing growth in Bangalore, Mexico City, and Dublin. Hundreds of workers from Google's hardware, engineering, and assistant teams were let go in January as the company raised capital and broadened its artificial intelligence offerings. Sundar Pichai, the CEO of the company, reportedly advised employees to expect additional layoffs at the start of the year.
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