Google, owned by Alphabet, is implementing layoffs and shifting some roles abroad to cut costs. The company is reducing its workforce and some roles will be moved to hubs in India, Chicago, Atlanta, and Dublin. This follows previous job cuts, and fears arise about ongoing layoffs amid economic uncertainty. CEO Sundar Pichai predicted more job cuts earlier this year.
Alphabet-owned Google (GOOGL.O), 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 spokesperson said the layoffs are not company-wide and that affected employees will be able to apply for internal roles, but did not specify the number of employees impacted nor the teams involved.
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’ 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.
Google let go of hundreds of workers across multiple teams in January including its engineering, hardware and assistant teams as the company ramps up investment and builds its artificial intelligence offerings.
Company CEO Sundar Pichai reportedly told employees at the start of the year to expect more job cuts.
The recent news of Google’s strategic decision to streamline its workforce and relocate certain roles abroad has sparked a range of reactions and discussions. This move is part of the company’s ongoing efforts to adapt to changing market dynamics, create more agile operational structures, and ensure sustainable growth. Amidst the challenges posed by cost pressures and evolving global business landscapes, this transformation underscores the need for companies to embrace adaptability and proactively adjust their strategies. By effectively managing change and optimizing resources, businesses can navigate through shifting paradigms while sustaining their commitment to innovation and excellence.
Source: ARY NEWS
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