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2024-01-13 Economy

Google lays off hundreds of employees in bid to minimise expenses

[GEO.TV] In a bid to lower its expenses, Google has laid off hundreds of its employees from several departments including the engineering division, the hardware division that makes the Fitbit, and Pixel phone, as well as employees working under Google Virtual Assistant, Bloomberg reported.
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The cuts continue a trend of tech layoffs after large companies such as Google, Meta, and Amazon laid off thousands of workers last year. Ten days into this year, more companies have announced job cuts.

Earlier on Wednesday, Amazon let off hundreds of employees from its MGM studios, Prime Video, and Twitch streaming service.

This month, Xerox announced plans to reduce its workforce by 15% of its 23,000 employees, while Unity Software, a provider of video game software, announced plans to slash 1,800 positions, or 25% of its workforce.

Since July 2022, Google's CEO, Sundar Pichai, has pushed the corporation to narrow its focus and slash costs as the state of the world economy worsened.

Posted by Fred 2024-01-13 00:00|| E-Mail|| Front Page|| [11159 views ] Top

#1 Companies Are Still Cutting White-Collar Jobs

Posted by Grom the Reflective 2024-01-13 03:56|| 2024-01-13 03:56|| Front Page Top

#2 No cuts in senior executive salaries?

Posted by Procopius2k 2024-01-13 06:59|| 2024-01-13 06:59|| Front Page Top

#3 AI rules?

Posted by Grom the Reflective 2024-01-13 07:36|| 2024-01-13 07:36|| Front Page Top

#4 Their AI's told them so.

Posted by Skidmark 2024-01-13 08:08|| 2024-01-13 08:08|| Front Page Top

#5 ^I meant, AI's replacing office workers.

Posted by Grom the Reflective 2024-01-13 08:12|| 2024-01-13 08:12|| Front Page Top

#6 And I meant...AIs performing business process analyses on redundant workflows and excess facility loading recommended the pruning.

Posted by Skidmark 2024-01-13 09:54|| 2024-01-13 09:54|| Front Page Top

Child #3's spouse works for Google. Spouse tells me that work groups rate others within the group annually. Lowest scoring member is fired.

Posted by The Walking Unvaxed 2024-01-13 09:56|| 2024-01-13 09:56|| Front Page Top

#8 Survivor: Lord of the Flies.

Posted by M. Murcek 2024-01-13 10:03|| 2024-01-13 10:03|| Front Page Top

#9 Internet divided after woman secretly records nine-minute video of herself being fired by two HR employees instead of her manager as CEO of company admits footage is 'painful' to watch

She should move to Montana.

Posted by Skidmark 2024-01-13 10:10|| 2024-01-13 10:10|| Front Page Top

#10

Posted by Frank G 2024-01-13 10:34|| 2024-01-13 10:34|| Front Page Top

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