

Technology
Google layoffs 2024: CEO Sundar Pichai warns of more job cuts this year – Crypto News
Alphabet-owned Google will reportedly sack more employees in the current calendar year, CEO Sundar Pichai told employees in a memo.
Google CEO told his staff that the job cuts will focus “on removing layers to simplify execution and drive velocity in some areas”.
In the upcoming rounds of layoffs, the company looks to adopt artificial intelligence software and automation to lighten workloads. Google, which is trying to close the gap with Microsoft in the AI race, last month unveiled its long-awaited Gemini model.
Google cuts jobs in Google Assistant software, Devices and Services team
“These role eliminations are not at the scale of last year’s reductions, and will not touch every team,” Pichai informed all employees in the memo, The Verge reported.
Pichai mentioned, “We have ambitious goals, and will be investing in our big priorities this year.”
Last week, the search engine giant axed hundreds of its employees working on its Voice Assistant units, hardware teams responsible for Pixel, Nest, and Fitbit, advertising sales team, and augmented reality team.
‘Layoffs suck, but…,’ Google employee who lost his job calls it a ‘blessing’
The cuts struck both rank-and-file employees and executives.
Bloomberg reported that 630 workers were laid off, including four vice presidents and 25 directors. The Alphabet Workers Union, which represents some Google employees, said more than 1,000 workers have been let go so far in total.
The co-founders of Fitbit, James Park, and Eric Friedman, are also leaving Google as part of the reorganization, Bloomberg reported.
Amazon to lay off hundreds of employees in Prime Video, MGM Studios
In January 2023, Alphabet announced plans to cut 12,000 jobs, or 6%, of its global workforce.
AI tools aid professionals in job discovery, career growth: Report
As of September 2023, the company had 182,381 employees globally. The company employed 190,700 workers before the layoffs last year, in addition to tens of thousands of contractors around the world.
Amazon.com Inc. also laid off hundreds of staff in its Prime Video and studios business last week.
After Prime, Amazon’s Twitch and Audible face layoffs due to financial issues
Hundreds of jobs were also cut in its Twitch live-streaming platform and Audible audiobook unit, according to media reports.
Discord announces workforce reduction of 17%, will layoff 170 employees
Overall, tech firms have let go more than 7,500 employees so far in January, according to tracking website Layoffs.fyi.
Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it’s all here, just a click away! Login Now!
Download The Mint News App to get Daily Market Updates & Live Business News.
Published: 18 Jan 2024, 01:09 PM IST
-
Blockchain1 week ago
Bitcoin Consolidation Continues: These Are Two Key Support Levels To Watch – Crypto News
-
Cryptocurrency1 week ago
Trent Share Price Crashes Over 9% After Weak Q1 Forecast, Nuvama Downgrade – Crypto News
-
Blockchain1 week ago
Bitcoin Consolidation Continues: These Are Two Key Support Levels To Watch – Crypto News
-
Blockchain1 week ago
Bitcoin Consolidation Continues: These Are Two Key Support Levels To Watch – Crypto News
-
Blockchain1 week ago
Bitcoin Consolidation Continues: These Are Two Key Support Levels To Watch – Crypto News
-
Blockchain1 week ago
Bitcoin Consolidation Continues: These Are Two Key Support Levels To Watch – Crypto News
-
Business1 week ago
Is Roger Ver the Satoshi Era Bitcoin Whale Behind $8 Billion BTC Transfer? – Crypto News
-
others6 days ago
Will Ethereum Price Rally to $3,200 as Wall Street Pivots from BTC to ETH – Crypto News
-
others4 days ago
Skies are clearing for Delta as stock soars 13% on earnings beat – Crypto News
-
others4 days ago
Skies are clearing for Delta as stock soars 13% on earnings beat – Crypto News
-
Technology1 week ago
‘Notice the difference’: Elon Musk claims major upgrade to Grok chatbot’s question-answering abilities – Crypto News
-
Cryptocurrency1 week ago
Binance stacks Ethereum at yearly high, U.S. funds buy more: So why isn’t ETH moving? – Crypto News
-
Cryptocurrency1 week ago
TON Foundation Confirms UAE Golden Visa Offer Is Not Official – Crypto News
-
Cryptocurrency1 week ago
Wintermute secures Bitcoin-backed credit line from Cantor Fitzgerald – Crypto News
-
Blockchain5 days ago
Insomnia Labs Debuts Stablecoin Credit Platform for Creators – Crypto News
-
Cryptocurrency1 week ago
Zelenskyy’s attire divides Polymarket with $79M at stake – Crypto News
-
Cryptocurrency1 week ago
XRP price rises 15% to $2.24, but whale sell-off raises downside risk – Crypto News
-
Cryptocurrency1 week ago
Ripple CTO Reveals How Many Bitcoins He Has Mined – Crypto News
-
De-fi1 week ago
World Liberty Finance Opens Vote to List $WLFI Token – Crypto News
-
others1 week ago
Company Owned by Billionaire Gold Miner May Be Seized by Russian Government for Allegedly Breaching Regulations: Report – Crypto News
-
others1 week ago
XAG/USD advance stalls near $37.00 as holiday lull masks bullish setup – Crypto News
-
others1 week ago
XAG/USD advance stalls near $37.00 as holiday lull masks bullish setup – Crypto News
-
others1 week ago
Hong Kong To Launch Third Tokenized Bond with ETF Stamp Duty Relief – Crypto News
-
others1 week ago
US Dollar Witnesses Worst First-Half Performance in 52 Years As Money Supply Explodes To $21,942,000,000,000 – Crypto News
-
Technology1 week ago
We’re Losing the Plot on AI in Universities – Crypto News
-
others5 days ago
EUR/GBP posts modest gain above 0.8600 ahead of German inflation data – Crypto News
-
Technology4 days ago
XRP Eyes $3 Breakout Amid Rising BlackRock ETF Speculation – Crypto News
-
others1 week ago
XAG/USD advance stalls near $37.00 as holiday lull masks bullish setup – Crypto News
-
others1 week ago
Billionaire Bill Ackman Invests $4,960,000,000 in Three Assets in Massive Bet on Tech, Mobility and Grub – Crypto News
-
Technology1 week ago
Expert Predicts XRP Price Rally To $32 After 8 Months Consolidation Pattern – Crypto News
-
De-fi1 week ago
Bitwise Says Crypto Market Poised for Strong H2 Despite Slow Start – Crypto News
-
others1 week ago
Here’s Why XRP Price Up 450% while ETH Drops 15% – Crypto News
-
Cryptocurrency1 week ago
The other American Revolution: Fiat currency – Crypto News
-
De-fi1 week ago
Decentralized Identity Provider Humanity Protocol’s H Token Booms After ‘Fairdrop’ – Crypto News
-
others1 week ago
Eyes breakout as triangle narrows, but lacks momentum – Crypto News
-
others1 week ago
Bitcoin Treasury Activity Explodes with 8,400 BTC Added in One Week – Crypto News
-
others1 week ago
Bank Insider Admits to Nearly Decade-Long Scheme of Falsifying Loan Applications To Steal Funds: DOJ – Crypto News
-
Cryptocurrency1 week ago
This Week in Crypto Games: Planetside Dev’s ‘Reaper Actual’, What’s Next for ‘MapleStory Universe’ – Crypto News
-
Business1 week ago
Toncoin Price Drops 10% As UAE Authorities Call TON Golden Visa Offer Unofficial – Crypto News
-
Blockchain1 week ago
XRP Set To Shock The Crypto Market With 30% Share: Analyst – Crypto News
-
Cryptocurrency1 week ago
Coinbase hacker returns with $12.5 mln ETH buy: Will security concerns affect Ethereum? – Crypto News
-
others7 days ago
Appropriate to have cautious gradual stance on easing – Crypto News
-
Cryptocurrency6 days ago
Tornado Cash Judge Won’t Let One Case Be Mentioned in Roman Storm’s Trial: Here’s Why – Crypto News
-
Blockchain5 days ago
XRP Rally Possible If Senate Web3 Crypto Summit Goes Well – Crypto News
-
others5 days ago
USD/CAD trades with positive bias below 1.3700; looks to FOMC minutes for fresh impetus – Crypto News
-
Blockchain5 days ago
Ethereum Bulls Roar — $3K Beckons After 5% Spike – Crypto News
-
Blockchain5 days ago
Kraken and Backed Expand Tokenized Equities to BNB Chain – Crypto News
-
others5 days ago
NovaEx Launches with a Security-First Crypto Trading Platform Offering Deep Liquidity and Institutional-Grade Infrastructure – Crypto News
-
Blockchain5 days ago
Ant Group Eyes USDC Integration Circle’s: Report – Crypto News
-
Cryptocurrency4 days ago
Bitcoin Breaks New Record at $111K, What’s Fueling the $120K Price Target? – Crypto News