
Alphabet-owned Google is undergoing a major overhaul, with more layoffs expected in coming weeks as tech giant adapts to the evolving technological landscape, particularly the rise of artificial intelligence (AI).
Google’s Chief Financial Officer (CFO) Ruth Porat, in a memo sent to the employees, acknowledged the challenges but also the opportunities presented by AI.
It should be noted that Google aims to develop more user-friendly products and enhance customer service, but this necessitates tough decisions, including staff redeployment.
While the exact number of layoffs remains unclear, reports suggest they will primarily impact Google's finance departments in Asia-Pacific, Europe, and the Middle East.
The company plans to consolidate operations by establishing centralized hubs in key locations like Bangalore and Dublin.
This restructuring follows similar moves by tech giants like Tesla, Apple, and Amazon, contributing to a wave of job cuts in the industry this year.