New Delhi: Tech Giant Google Has Reported Hundreds of Employees from its platforms and devices division – the team responsible for Android Software, Pixel Phanones, and the Chrome browser.
These layoffs came just months after Google Had offered Voluntary Buyouts to Employees in the Same Unit in January this year.
According to a report in the information, a google sporesperson confirmed that following the merger of its platforms and devices teams teams last year, the company has been working to open more aurateer Agility.
“As part of this Efort, it has implemented some job cuts in addition to the Voluntary Exit Program Offered Earlier,” The report added.
“Although the exact number of affected roles has not been disclosed, the move reflects google’s broader strategy to streamline operations and Reduce Expenses,” Said the Company.
Like many other tech giats, the company has been reviewing its team structures in response to changing business needs and market conditions.
This Development Comes at a Time when Several Global Companies, Including Amazon, Intel, and Goldman Sachs, Are also also cutting jobs amid the growing information of artificial intelligence (ai) and Global Economic Uncertainty.
According to Earlier Reports, Amazon is planning to Slash Around 14,000 managerial positions to save $ 3 billion annual, while intel intel is prepaaring for a Major Restructuring after a signing in 2024.
With AI Adoption Growing Rapidly, Companies Are Increasing Focus Towards Cost Optimization and Automation, Automation, Leading to Job Reductions Across Various Sector.
An Earlier Report Indicated that Goldman Sachs is also preparation for job cuts, with plans to reduce its workforce by 3-5 per cent Following Annual Performance also.
Bank of America recently eliminated Around 150 Junior Banker Positions, Thought Most Affected Employees Have Been Offred Roles Outside Investment Banking.
With Uncertainty Around Global Economic Conditions, More Firms May Follow Suit in the Coming Months.