Google lays off more employees, moves roles overseas as part of 'large scale' restructuring

[Jobhunter]

 

Google has announced a fresh round of layoffs as part of a ‘large scale’ restructuring. This move, which is part of an effort to cut costs, has also led to a shift of roles abroad. The news has sent ripples across the tech industry, sparking discussions about the future of work in the sector.

 

The layoffs, described as ‘pretty large-scale’, are part of a strategic move by Google to relocate some jobs overseas. Ruth Porat, Google’s chief financial officer, announced the creation of ‘growth hubs’ in India, Mexico, and Ireland. The restructuring will primarily affect the company’s finance department, including its treasury, business services, and revenue cash operations units.

 

Interestingly, this announcement comes on the heels of Google’s expansion in Bangalore, Mexico City, Dublin, and Atlanta. The company is investing in these hubs, indicating a strategic shift in its operations. Despite the layoffs, Google has assured that affected employees will have the opportunity to apply for internal roles.

 

This restructuring is not an isolated event. Earlier this year, Google made headlines when it laid off about 1,000 employees. The company also cut hundreds of jobs from its engineering, hardware, and assistant teams. These moves highlight the company’s ongoing efforts to streamline its operations and invest in its biggest priorities.

 

How will this restructuring impact the future of work at Google and the broader tech industry? We invite you to share your thoughts below.

 

 

Read more:

• https://nypost.com/2024/04/17/business/google-lays-off-workers-as-part-of-pretty-large-scale-restructuring/
• https://www.reuters.com/technology/google-lays-off-employees-shifts-some-roles-abroad-amid-cost-cuts-2024-04-17/
• https://www.crn.com/news/cloud/2024/google-layoffs-hit-finance-real-estate-divisions-report

 

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