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Google's layoffs hit finance and real estate departments: Report

Google's layoffs hit finance and real estate departments: Report

 


In an email, a Google spokesperson said the company is investing responsibly in our top priorities and important opportunities ahead.

Google reportedly continues to cut jobs, this time laying off employees in its finance and real estate divisions, but the company continues to invest in geographic growth hubs in Ireland, the US, and India. There is.

The layoffs hit the Mountain View, Calif.-based cloud giant's teams in areas such as finance, business services and revenue cash operations, Business Insider said.

In a statement to CRN, a Google spokesperson said that to give employees the opportunity to work on the most innovative and important advances and the company's biggest priorities, while reducing bureaucracy and layers. He said he was simplifying the organization.

[RELATED: Tech Company Layoffs In 2024: The Latest Cuts In Q1]

Google layoffs

As previously stated, we are investing responsibly in our top priorities and the important opportunities ahead, the spokesperson said. To best position our company for these opportunities, from late 2023 into 2024, many teams will work more efficiently, improve their work, remove layers, and make product their top priorities. Made changes to adjust resources.

A spokesperson said the job cuts were not company-wide and that the restructuring was part of ensuring the company met its priorities. Affected employees can apply for open positions within Google and receive outplacement services and severance benefits consistent with local requirements.

Most of the affected roles do not move. A small number will be relocated domestically and internationally to locations receiving investment, including India, Chicago, Atlanta and Dublin, a spokeswoman said.

Google CEO Sundar Pichai told employees in January that more layoffs are expected in 2024, but they won't be as bad as in 2023. That same month, more than 1,000 Google employees were laid off in a variety of departments, from the Google Assistant to the Devices and Services group, and several more were laid off, with 100 employees in the advertising sales group.

In January 2023, Google announced it would lay off 12,000 employees as part of its shift to investing in artificial intelligence and as business IT spending has declined since the height of the global pandemic. did.

Google will join a number of other technology vendors this year, including Intel and Amazon Web Services, in cutting employees.

Sources

1/ https://Google.com/

2/ https://www.crn.com/news/cloud/2024/google-layoffs-hit-finance-real-estate-divisions-report

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