Google's Cost-Cutting Measures Shake Up Workforce

April 24, 2024, 9:31 am
WHATSONWHEN
WHATSONWHEN
Employees: 10001+
Founded date: 2015
Google
Location: United States, New York
Alphabet-owned Google is shaking up its workforce with layoffs and shifting roles abroad to cut costs. The technology giant is making changes to become more efficient and align resources with product priorities. Hundreds of workers have already been let go, with more job cuts expected in the future. The company is investing in hubs in India, Chicago, Atlanta, and Dublin, while expanding growth in Bangalore, Mexico City, and Dublin. CEO Sundar Pichai's warning of more job cuts has employees on edge. The restructuring includes realigning finance and real estate teams, with a focus on artificial intelligence offerings. The layoffs are part of a broader trend in the tech and media industry, raising concerns about ongoing economic uncertainty.