Apr 18, 2024 (MENAFN via COMTEX) --
(MENAFN - AsiaNet News) Google, owned by Alphabet, is implementing layoffs as part of its cost-saving measures, a company spokesperson confirmed on Wednesday. Google's spokesperson clarified that the layoffs are not widespread and that the affected employees will have the opportunity to apply for internal positions. However, specific details regarding the number of employees impacted and the affected teams were not disclosed.
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A portion of the roles affected by the layoffs will be relocated to key hubs where Google is increasing its investments, including locations such as India, Chicago, Atlanta, and Dublin.
These layoffs come amid ongoing restructuring efforts within Google aimed at streamlining operations and focusing resources on priority product initiatives.
According to a report by news agency Reuters, several teams within Google's real estate and finance departments have been affected by the layoffs. This includes finance functions like treasury, business services, and revenue cash operations.
Google's finance chief, Ruth Porat, reportedly communicated the restructuring plans to employees, highlighting expansions in Bangalore, Mexico City, and Dublin.
This round of layoffs follows previous job cuts across various Google teams earlier in the year, including engineering, hardware, and assistant divisions. Company CEO Sundar Pichai had previously hinted at more restructuring efforts, signalling ongoing adjustments to align resources with strategic priorities.
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COMTEX_451047496/2604/2024-04-18T15:55:29
