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
    Shaw Prize winner Baumeister on breakthroughs that changed cell imaging

    LATEST 

  • 2
    Coach-athlete interaction at marathon finish sparks online debate

    LATEST 

  • 3
    Seoul shares snap 2-day drop on hopes for rate cut, eased AI fear; won rebounds

    LATEST 

  • 4
    Hanwha revamps US investment arm for defense push

    LATEST 

  • 5
    S. Korea asks Lone Star to reimburse legal costs after winning annulment in investor dispute

    LATEST 

Popular Now

  • 1
    Lee pays tribute at Korean War Memorial in Ankara

    LATEST 

  • 2
    [Stars up close] Why Park Jeong-min is going viral as Korea's most down-to-earth star

    LATEST 

  • 3
    Samsung, Reliance chiefs push deeper AI-chip alliance

    LATEST 

  • 4
    Korea issues alert after 6th case of swine fever

    LATEST 

  • 5
    SK eyes record W120tr exports on chip boom

    LATEST 

Must-Reads

  • 1
    Shaw Prize winner Baumeister on breakthroughs that changed cell imaging

    LATEST 

  • 2
    Coach-athlete interaction at marathon finish sparks online debate

    LATEST 

  • 3
    Seoul shares snap 2-day drop on hopes for rate cut, eased AI fear; won rebounds

    LATEST 

  • 4
    Hanwha revamps US investment arm for defense push

    LATEST 

  • 5
    S. Korea asks Lone Star to reimburse legal costs after winning annulment in investor dispute

    LATEST 

Popular Now

  • 1
    Lee pays tribute at Korean War Memorial in Ankara

    LATEST 

  • 2
    [Stars up close] Why Park Jeong-min is going viral as Korea's most down-to-earth star

    LATEST 

  • 3
    Samsung, Reliance chiefs push deeper AI-chip alliance

    LATEST 

  • 4
    Korea issues alert after 6th case of swine fever

    LATEST 

  • 5
    SK eyes record W120tr exports on chip boom

    LATEST 

Share it on...