In a move to stay lean and efficient, Alphabet-owned Google is laying off an unspecified number of employees, according to a company spokesperson on Wednesday. These layoffs are part of the tech giant's ongoing efforts to slash costs and streamline operations.
The spokesperson clarified that the layoffs aren't company-wide, and affected employees will have the opportunity to apply for internal roles. However, specific numbers and affected teams remain undisclosed.
Interestingly, a small percentage of the impacted roles will transition to hubs where Google is ramping up investments, including locations like India, Chicago, Atlanta, and Dublin. This strategic shift aims to bolster Google's presence in these growing markets.
These layoffs come amidst a wave of job cuts across the tech and media industries this year, fueling concerns that more reductions might be on the horizon as companies navigate economic uncertainties.
\"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.
According to a report by Business Insider, employees from several of Google's teams, particularly in its real estate and finance departments, have been affected. Finance teams impacted include Google's treasury, business services, and revenue cash operations.
Google's finance chief, Ruth Porat, emailed staff about the restructuring, highlighting expansions in Bangalore, Mexico City, and Dublin as key growth areas.
This isn't Google's first round of layoffs this year. In January, hundreds of workers across multiple teams, including engineering, hardware, and assistant teams, were let go as the company ramps up its investment in artificial intelligence offerings. Company CEO Sundar Pichai had previously informed employees to expect more job cuts as part of these strategic adjustments.
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