Quick access to main page (top) Direct access to main contents Quick access to main page (bottom)

Google’s Layoff Spree Continues Amid Economic Uncertainty

Daniel Kim Views  

Google recently initiated additional layoffs for its cost-cutting measures and plans to transition laid-off employees to overseas hubs.

According to a Google spokesperson on the 17th (local time), the layoffs are not company-wide, and affected employees can apply for internal roles. However, the spokesperson did not specify the number of affected employees or the relevant teams.

Furthermore, some laid-off employees are expected to move to hubs where the company invests, including India, Chicago, Atlanta, and Dublin.

The spokesperson added, “Many departments have changed to remove layers and align resources with the highest product priorities for more efficient operation by the second half of 2023 and the first half of 2024.”

According to a Business Insider report, the restructuring affects several teams within Google’s real estate and finance departments. The affected finance team includes Google’s finance, business services, and cash revenue operations.

Additionally, Google’s Chief Financial Officer Ruth Porat informed employees that the company is expanding its growth in Mexico City and Dublin.

On the other hand, this round of layoffs follows a series of employee reductions across Google and the tech and media industry this year, adding to concerns that layoffs could continue as companies grapple with economic uncertainty.

Google CEO Sundar Pichai notified employees of more layoffs earlier this year and, last January, laid off hundreds of employees across various departments, including engineering, hardware, and support teams, as the company increased investment and built AI products.

Daniel Kim
content@viewusglobal.com

Comments0

300

Comments0

[BUSINESS] Latest Stories

  • Honda to Start Making Old Parts Again — Starting with the NSX
  • Honda's NSX Returns: A 1,000-Horsepower Electric Rival to Lexus LFR
  • Honda’s S7 Electric SUV: A Major Player in the Race for EV Dominance
  • Lamborghini's First EV: A 2,000-Horsepower Beast Built for Speed and Emotion
  • Ford Revives Classic Design with the 2025 Bronco Heritage Edition
  • ID.EVERY1: Volkswagen's $21K Electric Vehicle Aims to Make Green Driving Accessible

You May Also Like

  • 1
    Expert Warns: Tariffs on Allies Could Weaken America's Security

    LATEST 

  • 2
    Seoul Shares Surge as Investors Eye Earnings and Tariff Talks

    LATEST 

  • 3
    Kyiv Under Fire: Russia Launches Major Attack Amid NATO Support Talks

    LATEST 

  • 4
    Kenya Honors Ban Ki-moon with Top Award for Climate Advocacy

    LATEST 

  • 5
    Tragedy Strikes: Bangladesh Air Force Jet Crashes Into School, Leaving 25 Dead

    LATEST 

Popular Now

  • 1
    Trump's Trade War: The Stakes Get Higher as Deadline Approaches

    LATEST 

  • 2
    High-Stakes Talks: South Korea and U.S. Gear Up for Crucial Trade Negotiations

    LATEST 

  • 3
    Why Korean Parents Treat Bringing Home a Newborn Like a Secret Mission

    LATEST 

  • 4
    Resignation Rocks South Korea: Presidential Secretary Steps Down Amid Controversy

    LATEST 

  • 5
    President Lee Stands Firm: Kang Sun-woo's Appointment Moves Forward Despite Controversy

    LATEST 

Must-Reads

  • 1
    Expert Warns: Tariffs on Allies Could Weaken America's Security

    LATEST 

  • 2
    Seoul Shares Surge as Investors Eye Earnings and Tariff Talks

    LATEST 

  • 3
    Kyiv Under Fire: Russia Launches Major Attack Amid NATO Support Talks

    LATEST 

  • 4
    Kenya Honors Ban Ki-moon with Top Award for Climate Advocacy

    LATEST 

  • 5
    Tragedy Strikes: Bangladesh Air Force Jet Crashes Into School, Leaving 25 Dead

    LATEST 

Popular Now

  • 1
    Trump's Trade War: The Stakes Get Higher as Deadline Approaches

    LATEST 

  • 2
    High-Stakes Talks: South Korea and U.S. Gear Up for Crucial Trade Negotiations

    LATEST 

  • 3
    Why Korean Parents Treat Bringing Home a Newborn Like a Secret Mission

    LATEST 

  • 4
    Resignation Rocks South Korea: Presidential Secretary Steps Down Amid Controversy

    LATEST 

  • 5
    President Lee Stands Firm: Kang Sun-woo's Appointment Moves Forward Despite Controversy

    LATEST 

Share it on...