Google Initiates Layoffs Amidst Cost-Cutting Efforts

In a move to streamline operations and tighten expenditure, Google, a subsidiary of Alphabet, has announced layoffs affecting an undisclosed number of employees.
Google Android India
The US-based technology giant confirmed the layoffs on Wednesday, marking the latest in a series of workforce reductions within the company.

According to a spokesperson from Google, the layoffs are not company-wide, and affected employees will have the opportunity to apply for internal positions. However, specific details regarding the number of employees impacted and the affected departments have not been disclosed.

A portion of the affected roles will be relocated to strategic hubs, including locations in India, Chicago, Atlanta, and Dublin. This decision underscores Google’s commitment to optimizing its global workforce distribution.

These layoffs come amidst a broader trend of job cuts across the technology and media industries, reflecting ongoing economic uncertainties. Google’s spokesperson cited efforts to enhance efficiency and align resources with key product priorities as driving factors behind the restructuring, Reuters news report said.

Reports from Business Insider indicate that teams within Google’s real estate and finance departments have been particularly affected by the layoffs. Finance teams, including treasury, business services, and revenue cash operations, are reportedly among those impacted.

Ruth Porat, Google’s finance chief, outlined plans to expand operations in Bangalore, Mexico City, and Dublin as part of the restructuring efforts. This expansion signals Google’s ongoing commitment to global growth and market diversification.

The recent layoffs follow a similar wave of workforce reductions in January, which affected multiple teams within Google, including engineering, hardware, and assistant divisions. CEO Sundar Pichai reportedly forewarned employees of further job cuts earlier this year as the company prioritizes investment in artificial intelligence initiatives and innovation.

Latest

More like this
Related

India telecom investment and revenue trends in Q2FY2025

Analysts at Motilal Oswal Financial Services have revealed three...

Canada asks 5% revenue share from online streaming services

Telecoms regulator said online streaming services operating in Canada...

Vodafone Idea reveals Capex, Opex, 4G coverage, ARPU in January-March

Vodafone Idea has revealed its financial result – Capex,...

Huawei revenue grew 37% to $24.64 bn in January-March quarter

Huawei Technologies said its revenue for the January-March quarter...