Google Layoffs: Tech Giant Lays Off About 200 Employees From Its 'Core' Organisation, To Hire Corresponding Roles in India and Mexico
To streamline its operations and realign its workforce, Google recently laid off approximately 200 employees from its "core" team, with plans to relocate some roles overseas, particularly in India and Mexico.
Mumbai, May 2: To streamline its operations and realign its workforce, Google recently laid off approximately 200 employees from its "core" team, with plans to relocate some roles overseas, particularly in India and Mexico. The move comes ahead of the tech giant's robust first-quarter earnings report. While the layoffs primarily affected roles within the "core" teams responsible for the technical foundation of Google's flagship products, the company plans to fill corresponding positions in India and Mexico, emphasising a shift toward high-growth global workforce locations.
The “Core” unit, responsible for constructing the technical backbone of Google’s flagship products and ensuring user online safety, saw significant restructuring. This includes teams focusing on information technology, Python development, technical infrastructure, security foundation, app platforms, core developers, and various engineering roles. At least 50 eliminated positions were from engineering roles at Google’s Sunnyvale, California offices, per official filings. The company is anticipated to fill corresponding roles in Mexico and India, as reported by CNBC. Google Down: Massive Outage Hits World's Biggest Search Engine, Users Face Issues While Accessing google.com and Google Drive.
According to a report by the New York Post, Asim Husain, VP of Google Developer Ecosystem, emailed and held a town hall to share the news of the layoffs with the Google Developer Ecosystem team. Husain emphasised that these changes were part of broader strategic goals and would aid in aligning resources with product priorities. Alphabet Inc. has been trimming its workforce since early 2022. Due to a downturn in online ad revenues, plans were announced to cut about 12,000 jobs, representing 6 per cent of its employees. Despite recent digital advertising rebounds, Alphabet has continued its downsizing efforts, including layoffs across multiple sectors. Google Maps New Update: Google Adds New Feature in Maps That Lets Users To Navigate Inside Tunnels or Other Satellite Dead Zones.
The recent layoffs align with Google’s commitment to expand its global presence, particularly in India and Mexico, where it plans to build teams closer to users in key markets. This strategic shift aims to optimise business operations while capitalising on growth opportunities. The layoffs coincide with Google’s strong financial performance in the first quarter, marked by a 15 per cent revenue surge from the previous year. The company also announced its inaugural dividend payout and a significant USD 70 billion stock buyback program, indicating its robust financial position despite ongoing restructuring efforts.
(The above story first appeared on LatestLY on May 02, 2024 08:41 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).