cost

Google lays off employees, shifts some roles abroad amid cost cuts

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.

Fake cigarettes cost Rs. 5.7 billion loss every year

Fake cigarettes are causing an annual loss of approximately Rs. 5.7 billion due to tax evasion, as reported by ARY News. The market is flooded with counterfeit or non-duty paid cigarettes, with over 42.5 million bearing fake tax stamps. Strict implementation of track and trace systems is being demanded by industry sources. FBR recently seized over 307,000 non-duty paid cigarettes in Karachi.