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

  • Will Chinese Electric Cars Dominate Europe? U.S. Tariffs Shift Focus
  • Warren Buffett's Latest Gamble: $6.7 Billion Invested in Insurance Giant
  • Why Michael Burry is Ditching Tech for Gold Amid Economic Uncertainty
  • Inflation Cooling: U.S. Consumer Prices Show Signs of Relief
  • UAE's AI Revolution: Introducing the Falcon 2 Series
  • U.S. Election Impact on Semiconductor Industry: Insights from Korea Institute for Industrial Economics & Trade

Weekly Best Articles

  • Climate Change? Unseasonal Snowfall Hits South Korea’s Mountain Regions
  • Can Virtual Reality Cure Depression? New Study Offers Hope
  • Chinese Restaurant Owner Caught Using Opium Poppies as Spice
  • Men, Beware: Low Testosterone Could Shorten Your Life
  • Commerce Chief Warns: Chinese Cars Could Track Your Every Move
  • Think Twice Before You Snack: Deadly Risks of Processed Foods
  • Busting Myths: New Study Shows Zinc Doesn’t Prevent Colds
  • Inside the U.S.-South Korea Military Training in Mojave Desert
  • Kim Jong Un Gears Up for Putin: North Korea Boosts Arms Sales
  • Will Chinese Electric Cars Dominate Europe? U.S. Tariffs Shift Focus
  • Urgent Call for Justice: South Korean President Urged to Enact Special Prosecutor Law
  • From Prayers to Pepper Spray: Elderly Man Attacks Monk in Bizarre Assault

You May Also Like

  • 1
    Busting Myths: New Study Shows Zinc Doesn't Prevent Colds

    LIFESTYLE 

  • 2
    Inside the U.S.-South Korea Military Training in Mojave Desert

    ASIA 

  • 3
    Kim Jong Un Gears Up for Putin: North Korea Boosts Arms Sales

    ASIA 

  • 4
    Urgent Call for Justice: South Korean President Urged to Enact Special Prosecutor Law

    ASIA 

  • 5
    From Prayers to Pepper Spray: Elderly Man Attacks Monk in Bizarre Assault

    ASIA 

Popular Now

  • 1
    Putin Lands in Beijing: A Strategic Move Amidst Global Tensions

    LATEST&nbsp

  • 2
    U.S. Backtracks on Arms Cutoff, Commits $1 Billion to Aid Israel

    WORLD&nbsp

  • 3
    From Baseball to ByteDance: McCourt's Major League Tech Play

    WORLD&nbsp

  • 4
    No U.S. Troops? Biden Seeks Arab Peacekeepers for Gaza

    WORLD&nbsp

  • 5
    Back in the Game: Tiger Woods Eyes Victory at Valhalla!

    SPORTS&nbsp

Weekly Best Articles

  • Climate Change? Unseasonal Snowfall Hits South Korea’s Mountain Regions
  • Can Virtual Reality Cure Depression? New Study Offers Hope
  • Chinese Restaurant Owner Caught Using Opium Poppies as Spice
  • Men, Beware: Low Testosterone Could Shorten Your Life
  • Commerce Chief Warns: Chinese Cars Could Track Your Every Move
  • Think Twice Before You Snack: Deadly Risks of Processed Foods
  • Busting Myths: New Study Shows Zinc Doesn’t Prevent Colds
  • Inside the U.S.-South Korea Military Training in Mojave Desert
  • Kim Jong Un Gears Up for Putin: North Korea Boosts Arms Sales
  • Will Chinese Electric Cars Dominate Europe? U.S. Tariffs Shift Focus
  • Urgent Call for Justice: South Korean President Urged to Enact Special Prosecutor Law
  • From Prayers to Pepper Spray: Elderly Man Attacks Monk in Bizarre Assault

Must-Reads

  • 1
    Busting Myths: New Study Shows Zinc Doesn't Prevent Colds

    LIFESTYLE 

  • 2
    Inside the U.S.-South Korea Military Training in Mojave Desert

    ASIA 

  • 3
    Kim Jong Un Gears Up for Putin: North Korea Boosts Arms Sales

    ASIA 

  • 4
    Urgent Call for Justice: South Korean President Urged to Enact Special Prosecutor Law

    ASIA 

  • 5
    From Prayers to Pepper Spray: Elderly Man Attacks Monk in Bizarre Assault

    ASIA 

Popular Now

  • 1
    Putin Lands in Beijing: A Strategic Move Amidst Global Tensions

    LATEST 

  • 2
    U.S. Backtracks on Arms Cutoff, Commits $1 Billion to Aid Israel

    WORLD 

  • 3
    From Baseball to ByteDance: McCourt's Major League Tech Play

    WORLD 

  • 4
    No U.S. Troops? Biden Seeks Arab Peacekeepers for Gaza

    WORLD 

  • 5
    Back in the Game: Tiger Woods Eyes Victory at Valhalla!

    SPORTS