The ongoing process of layoffs in big companies is showing no sign of stopping. So far this year, many renowned companies have laid off their employees. Tech giant Google has once again laid off employees in this sequence.
Impact on these Google teams
In a report by Business Insider, Google's spokesperson The latest layoffs have been confirmed. According to the report, Google has again shown the way to some employees as part of its efforts to reduce the cost of operations. According to the report, the layoff has affected Google's real estate team and finance department team. However, this has not been confirmed.
How many employees were affected?
The company's spokesperson says that this time the retrenchment has been done on a limited scale. This is not going to affect the entire company. The employees who were retrenched will get a chance to apply for other positions in Google itself. However, the spokesperson did not say how many employees were shown the way out in the retrenchment. Information has also not yet been given as to which teams have been affected by the layoffs.
Changes taking place in operations
Actually, Google is trying to manage its operating costs well. Is making major changes in operations for. The latest layoffs are part of broader change efforts. Google is going to shift a part of the roles that have been cut to its other hubs. The centers where this shifting is going to happen include India as well as hubs in Chicago, Atlanta and Dublin.
Second layoff of this year
This is Google's second layoff in 2024 itself. . This means that the tech giant has fired its employees for the second time in less than 4 months. Earlier in the month of January in the beginning of 2024, Google had laid off thousands of employees. Employees of engineering, hardware and assistant teams became victims of that layoff. Company's CEO Sundar Pichai had indicated after the January layoffs that more employees may face layoffs. Also read: Last financial year was great for mutual funds, 35 percent increase in assets.