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Google continues to lay off large numbers of employees to cut costs

TH (according to Vietnam+) April 19, 2024 06:24

Google's move and similar developments across the tech industry this year have added to concerns that layoffs could continue as companies grapple with economic uncertainty.

Trụ sở của Google ở New York (Mỹ). (Ảnh: AFP/TTXVN)
Google headquarters in New York (USA)

Alphabet-owned Google is laying off an unspecified number of employees, a Google spokesperson said on April 18, marking the latest round of cuts by the tech giant as it seeks to cut costs.

A Google spokesperson said the layoffs are not company-wide and that affected employees will be able to apply for internal positions. However, it did not specify the number of employees affected or the groups involved.

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

The layoffs follow a series of job cuts across Google and the tech and media industries this year, adding to concerns that layoffs could continue as companies grapple with economic uncertainty.

“Throughout the second half of 2023 and into 2024, several of our teams have made changes to become more efficient and perform better, eliminating and aligning their staffing around their biggest product priorities,” the spokesperson added.

Employees from several Google finance and real estate teams were affected, Business Insider reported. The finance teams affected include Google's treasury, business services, and cash operations.

Google's CFO Ruth Porat sent an email to employees saying the restructuring includes expanding growth to Bangalore, Mexico City, and Dublin, Business Insider reported.

In January, Google laid off hundreds of employees across multiple teams including engineering, hardware, and assistants as the company ramps up investment and builds out its artificial intelligence services.

TH (according to Vietnam+)
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Google continues to lay off large numbers of employees to cut costs