Google cuts jobs across teams in its Cloud unit

Updated : Jun 06, 2024 11:48
|
Editorji News Desk

Tech giant Google continues to cut jobs as its Parent company Alphabet has laid off employees in Google's cloud unit. Google's cloud unit also happens to be one of the tech giant's fastest growing businesses globally.

Layoffs by Google

As per CNBC, Google had informed its employees about the job cuts last week and at least 100 positions are cut. The job cuts is seen across sales, consulting, “go-to-market” strategy, operations and engineering.

Google Cloud business reported $40 billion annual revenue as the company delivered strong first quarter results overall. Alphabet reported first quarter revenue of $80.54 billion which is 15% up from a year ago

CNBC report quoted a Google spokesperson and said that the cuts are incremental across teams to better align its go-to-market organization. 

“As we’ve shared before, we continue to evolve our business to meet our customers’ priorities and the significant opportunity ahead,” the spokesperson told CNBC. “We maintain our commitment to investing in areas that are critical to our business and ensure our long-term success".

The report further added that some of those who lost their jobs had worked on the company’s annual Google Cloud Next that took place in mid-April. 

The tech giant had announced layoffs for the first time in January 2023. Since then, the company has announced numerous round of job cuts. Last month, Google cut at least 200 employees from its Core organisation that included key teams and engineers. Meanwhile, CEO Sundar Pichai has told the employees that Google would have fewer layoffs in the second hald of 2024.

Also watch: Tech layoffs 2024: Microsoft to reportedly cut 1,500 jobs

Layoffs

Recommended For You

editorji | World

New Zealand falls into recession with abrupt economic slowdown

editorji | Business

Dollar Pushes Indian Rupee to Record Low of 85, Fed's Policy Outlook in Focus

editorji | Business

Oil Prices Rally on Inventory Drop, Market Awaits Fed Projections

editorji | Business

SEBI Expands UPSI Definition, Strengthens ESG and Governance Frameworks

editorji | Business

Gold Imports surge in November: Commerce Ministry examining data for any calculation error