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Google reduces staff, shifts some roles overseas to save money

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2024.04.18 18:10
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Alphabet-owned Google, opens new tab is laying off an unspecified number of employees, a company spokesperson said on Wednesday, marking the latest cuts at the technology giant as it cracks down on costs. (Internet)

Alphabet-owned Google, opens new tab is laying off an unspecified number of employees, a company spokesperson said on Wednesday, marking the latest cuts at the technology giant as it cracks down on costs.

The Google representative stated that internal positions will be open to affected employees and that the layoffs are not company-wide. However, neither the number of impacted individuals nor the teams involved were specified.

A small percentage of the impacted roles will move to hubs the company is investing in, including India, Chicago, Atlanta and Dublin.

The layoffs follow a slew of job cuts across Google, and the tech and media industry this year, adding to fears that layoffs may continue as companies grapple with economic uncertainty.

"Throughout the second half of 2023 and into 2024, a number of our teams made changes to become more efficient and work better, remove layers and align their resources to their biggest product priorities," the spokesperson added.

Employees across several of Google's teams in its real estate and finance departments have been affected, according to a Business Insider report on Wednesday. The finance teams affected include Google's treasury, business services, and revenue cash operations, it added.

Google's finance chief, Ruth Porat, sent an email to staff saying the restructuring includes expanding growth to Bangalore, Mexico City, and Dublin, according to the Business Insider report.

In January, Google laid off hundreds of employees from a variety of departments, including its hardware, engineering, and assistant teams as it increased funding and expanded its artificial intelligence services.

Company CEO Sundar Pichai reportedly told employees at the start of the year to expect more job cuts.

Tag:·Google· reduces staff· technology giant· Sundar Pichai

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