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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

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