Google Announces Unspecified Layoffs, Shifts Roles to International Hubs Amid Cost-Cutting Measures
Google is laying off an undisclosed number of employees as part of cost-cutting measures.
The layoffs are not company-wide, and affected employees will have the opportunity to apply for internal roles within the company.
The specific teams and numbers of employees involved were not disclosed.
Google is laying off a portion of its workforce, with some employees being offered roles in hubs in India, Chicago, Atlanta, and Dublin.
This comes after a wave of job cuts in the tech and media industry this year, raising concerns about continued layoffs due to economic uncertainty.
Google has been streamlining teams since the second half of 2023 to improve efficiency and prioritize resources.
The layoffs have affected employees in Google's real estate and finance departments, according to a report by Business Insider.
Google announced a restructuring in its finance teams, affecting treasury, business services, and revenue cash operations.
The company's CFO, Ruth Porat, notified staff about expanding growth to Bangalore, Mexico City, and Dublin.
In January, Google let go of hundreds of employees across engineering, hardware, and assistant teams, with CEO Sundar Pichai warning of more job cuts as the company increases investment in artificial intelligence.