Current:Home > MyGoogle lays off hundreds in hardware, voice assistant teams amid cost-cutting drive -ProfitSphere Academy
Google lays off hundreds in hardware, voice assistant teams amid cost-cutting drive
View
Date:2025-04-16 03:59:33
Google has laid off hundreds of employees working on its hardware, voice assistance and engineering teams as part of cost-cutting measures.
The cuts come as Google looks towards “responsibly investing in our company’s biggest priorities and the significant opportunities ahead,” the company said in a statement.
“Some teams are continuing to make these kinds of organizational changes, which include some role eliminations globally,” it said.
Google earlier said it was eliminating a few hundred roles, with most of the impact on its augmented reality hardware team.
The cuts follow pledges by executives of Google and its parent company Alphabet to reduce costs. A year ago, Google said it would lay off 12,000 employees or around 6% of its workforce.
Google is not the only technology company cutting back. In the past year, Meta -- the parent company of Facebook -- has slashed more than 20,000 jobs to reassure investors. Meta’s stock price gained about 178% in 2023.
Spotify said in December that it was axing 17% of its global workforce, the music streaming service’s third round of layoffs in 2023 as it moved to slash costs and improve its profitability.
Earlier this week, Amazon laid off hundreds of employees in its Prime Video and studios units. It also will lay off about 500 employees who work on its livestreaming platform Twitch.
Amazon has cut thousands of jobs after a hiring surge during the pandemic. In March, Amazon announced that it planned to lay off 9,000 employees, on top of 18,000 employees it said that it would lay off in January 2023.
Google is currently locked in a fierce rivalry with Microsoft as both firms strive to lead in the artificial intelligence domain.
Microsoft has stepped up its artificial intelligence offerings to rival Google’s. In September introduced a Copilot feature that incorporates artificial intelligence into products like search engine Bing, browser Edge as well as Windows for its corporate customers.
veryGood! (592)
Related
- 'Most Whopper
- Malaysian leader appoints technocrat as second finance minister in Cabinet shuffle
- Georgia high school football player found dead day before state championship game
- Groups want full federal appeals court to revisit ruling limiting scope of the Voting Rights Act
- The White House is cracking down on overdraft fees
- Putin visits a shipyard to oversee the commissioning of new Russian nuclear submarines
- Pacers star Tyrese Haliburton working his way into the NBA MVP race
- Lawyers for New Hampshire casino owner fight fraud allegations at hearing
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- Hilary Duff Pays Tribute to Lizzie McGuire Producer Stan Rogow After His Death
Ranking
- Federal hiring is about to get the Trump treatment
- An unpublished poem by 'The Big Sleep' author Raymond Chandler is going to print
- Rohingya Muslims in Indonesia struggle to find shelter. President says government will help for now
- Mashed potatoes can be a part of a healthy diet. Here's how.
- Meet first time Grammy nominee Charley Crockett
- George Santos is in plea negotiations with federal prosecutors
- Romanian court rejects influencer Andrew Tate’s request to return assets seized in trafficking case
- Democratic Gov. Andy Beshear sworn in for 2nd term in Republican-leaning Kentucky
Recommendation
Scoot flight from Singapore to Wuhan turns back after 'technical issue' detected
Lupita Nyong’o will head the jury at the annual Berlin film festival in February
Corner collapses at six-story Bronx apartment building, leaving apartments exposed
Cowboys' Micah Parsons on NFL officials' no-call for holding: 'I told you it's comical'
Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
Kensington Palace releases video showing Princess of Wales and her kids packing gift bags for needy
Brain sample from Maine gunman to be examined for injury related to Army Reserves
Myanmar’s military government says China brokered peace talks to de-escalate fighting in northeast