Alphabet-owned Google has sacked an unspecified number of employees, marking the latest cuts at the technology giant as it cracks down on costs.
A Google representative stated that affected employees will be able to apply for internal positions and that the layoffs are not company-wide. However, neither the teams involved nor the number of employees affected were disclosed by the company.
A tiny portion of the affected jobs will relocate to the company’s investment hubs in Chicago, Atlanta, Dublin, India, and Atlanta.
Fears that layoffs may persist as businesses struggle with economic uncertainty are heightened by the layoffs, which come after a wave of job cuts throughout Google and the tech and media sectors this year.
“Throughout the second half of 2023 and into 2024, a number of our teams made changes to become more efficient and work better, remove layers and align their resources to their biggest product priorities,” the spokesperson added.
Employees across several of Google’ teams in its real estate and finance departments have been affected, according to a Business Insider report on Wednesday. The finance teams affected include Google’s treasury, business services, and revenue cash operations, it added.
According to a Business Insider report, Ruth Porat, Google’s finance chief, informed staff via email that part of the restructuring involves expanding growth to Bangalore, Mexico City, and Dublin.
In January, Google laid off hundreds of employees from a variety of teams, including its hardware, engineering, and assistant teams as it increased funding and expanded its artificial intelligence services.
According to reports, company CEO Sundar Pichai warned staff members to anticipate more layoffs at the beginning of the year.
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