As massive tech layoffs continue to sweep the industry, Google is the latest company to lay off and relocate employees.
According to the documents received BY CNBCGoogle laid off more than 200 employees who were part of its “Core” division and will move an undisclosed number of other employees to India and Mexico as the tech giant restructures. Layoffs it happened just days before the company announced it Q1 2024 earnings on April 25.
for Google website“Core” employees are “responsible for building the technical foundation behind Google's core products,” as well as protecting the online security of Google users and helping maintain the company's internal IT system to help employees.” do their best work through in-house tools and developer solutions.”
Nearly 50 affected employees were staffed at Google's headquarters in Sunnyvale, California, and the layoffs mostly affected software engineers.
“A number of our teams made changes to become more efficient and work better, remove layers and align their resources with their larger product priorities,” said a spokesperson for Google. Business Insider. “Through this, we're streamlining our structures to give employees more opportunities to work on our most innovative and important advances and our biggest company priorities, reducing red tape and layers.”
Meanwhile, Google's parent company, Alphabet, reported a 2024 first quarter with revenue up 15% to $80.54 billion from $69.79 billion at the same time a year ago. This was the fastest rate of revenue growth for the company since 2022.
Connected: Meta, Google Vacation exposed 'fake work': Former PayPal executive
“Our first quarter results reflect strong performance from Search, YouTube and Cloud,” Alphabet and Google CEO Sundar Pichai said in a release of earnings. “We are well underway with our Gemini era and there is great momentum across the company. Our leadership in AI research and infrastructure, and our global product footprint, position us well for the next wave of AI innovation. “
April job cuts follow a previous round of mass layoffs held in January, where nearly 1,000 employees were let go in Google's hardware and research department to redefine and expand the company's AI division.
“We intend to maintain our current global footprint while also expanding into high-growth global workforce locations so we can operate closer to our partners and developer communities,” wrote Asim Husain, vice president of the Google Developer Ecosystem. , in an internal email last week. for CNBC.
Connected: Google asks its employees to return to the office: Report
Alphabet it was upstairs up 58% year over year as of Thursday morning.