BUSINESS

In an effort to save costs, Google fires workers and moves certain roles overseas

A corporate representative said on Wednesday that Google, which is owned by Alphabet, is laying off an indeterminate number of workers. This is the latest cost-cutting measure taken by the internet behemoth.

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

A tiny portion of the affected jobs will relocate to the company’s investment centers in Chicago, Atlanta, Dublin, India, and Atlanta.

Fears that layoffs may persist as businesses struggle with economic uncertainty are heightened by the layoffs, which come after a wave of job cutbacks across Google and the internet and media sectors this year.

The spokesman said, “A number of our teams made changes throughout the second half of 2023 and into 2024 to become more efficient and work better, remove layers, and align their resources to their biggest product priorities.”

According to a report published on Wednesday by Business Insider, Google’s real estate and finance divisions have experienced disruptions that have impacted many teams of employees. It was also said that Google’s revenue and cash operations, business services, and Treasury departments are among the impacted financial teams.

As to the Business Insider article, Ruth Porat, Google’s chief financial officer, informed employees via email that the reorganization included increasing expansion to Bangalore, Mexico City, and Dublin.

In January, Google let 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.

According to reports, company CEO Sundar Pichai warned staff members to anticipate additional layoffs at the beginning of the year.

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