According to a report from Reuters, Google is implementing layoffs as a cost-cutting measure, although the number of affected employees has not been disclosed. The layoffs are not widespread, and impacted employees will be given the opportunity to apply for other positions within the company. However, it is unclear which departments will be affected, or how many employees will be laid off. Some of the affected positions will be relocated to key hubs where Google is increasing its investments, including locations such as India, Chicago, Atlanta, and Dublin.
This move has raised concerns about potential job reductions amidst economic uncertainty. The restructuring efforts, which began in the latter half of 2023 and will continue into 2024, aim to increase efficiency and align resources with the company’s core product priorities. Business Insider noted impacts on Google’s real estate and finance teams, including revenue operations, business services, and treasury departments.
Employees were informed of the restructuring via email from Ruth Porat, CFO of Google. The company plans to expand its growth in Bangalore, Mexico City, and Dublin.
These layoffs come after a previous round of job cuts in January, where hundreds of employees across various teams were affected. This indicates that Google is continuing to focus on investment and expansion in artificial intelligence offerings, as hinted by Sundar Pichai, CEO of Google, earlier this year.
