Cost cutting means the number of employees is being reduced to reduce costs. Earlier in January also, Google had fired hundreds of employees from many teams including its engineering, hardware and support teams.
Big IT companies are facing a possible recession these days. To reduce costs, these companies are imposing layoffs on employees. Meanwhile, similar news has also come out from Google. Once again Alphabet owned Google is showing its employees the way out of the company. Google has fired employees on a large scale.
That’s why layoffs are happening
A spokesperson of the company said on Wednesday that the number of employees is being reduced in order to reduce costs. He said that layoffs are not being done in the entire company. Therefore, the employees affected by this will be able to apply for any other role. However, the spokesperson did not provide any information about the number of employees affected by the layoffs or the teams involved.
Employees will be sent to these countries
The company will send some of the people affected by the layoffs to places where it is investing, including India, Chicago, Atlanta and Dublin. It is noteworthy that this year, after many job cuts in the tech and media world, this retrenchment is also taking place in Google, due to which the fear has increased that the retrenchment may continue. It is clear that companies are struggling with economic uncertainty.
The sword fell on the employees of these departments
According to a report, employees of several teams in Google’s real estate and finance departments have been affected by this layoff. Affected finance teams include Google Treasury, Business Services, and Revenue Cash Operations. Not only this, Google’s finance chief Ruth Porat has sent an email to her employees. It said the restructuring includes expanding growth in Bengaluru, Mexico City and Dublin.
Had already warned
This is not the first time that the company has laid off employees. Earlier in January too, Google had fired hundreds of employees from several teams, including its engineering, hardware and support teams, as the company increased investment in offering artificial intelligence. Google CEO Sundar Pichai had reportedly warned employees about job cuts earlier this year.
