New Delhi. Tech giant Google has laid off hundreds of employees from its platform and device division. The team working for Android software, Pixel phones and Chrome browser has been fired.
This layoff has been done at a time when Google had offered voluntary exit to the employees of the same unit in January this year. According to the report of ‘The Information’, a Google spokesperson has confirmed that the company is working more efficiently and faster after merging its platform and device teams last year. The report said, “As part of this effort, it has also cut some jobs in addition to the voluntary exit program offered earlier.”
Google said, “While the exact number of affected roles has not been disclosed, this move reflects Google’s broader strategy to streamline operations and reduce expenses.” Like many other tech giants, the company is reviewing its team structures in view of changing business needs and market conditions.
The phase of layoffs is not stopping.
This development has happened at a time when many global companies including Amazon, Intel and Goldman Sachs are also cutting jobs amid the growing influence of Artificial Intelligence (AI) and global economic uncertainty. According to earlier reports, Amazon is planning to cut about 14,000 managerial positions to save $3 billion annually, while Intel is preparing for a major restructuring after significant financial losses in 2024.
With the rapid growth in AI adoption, companies are increasingly focusing on cost optimization and automation, leading to job cuts across various sectors. An earlier report indicated that Goldman Sachs is also preparing to cut jobs, with plans to reduce its workforce by 3-5 percent after annual performance reviews.
Bank of America recently eliminated about 150 junior banker positions, though most of the affected employees were given roles outside of investment banking. With uncertainty about global economic conditions, more firms may do the same in the coming months.
Related Articles:-
Weather forecast: Yellow alert for rain and hailstorm till April 12, 13, 14, 15 and 16, IMD predicts
Now govt employees who are late even for a minute will be fined…
