Synopsis
New Delhi, April 11 (NationPress) Google has reportedly let go of hundreds of employees from its platforms and devices division, which oversees Android software, Pixel smartphones, and the Chrome browser. This move aligns with the company's strategy to streamline operations amid changing market conditions.Key Takeaways
- Google has laid off hundreds from its platforms and devices division.
- The layoffs occurred following a previous voluntary buyout offer.
- This reflects Google’s broader strategy for cost reduction.
- Other tech giants are also cutting jobs due to economic uncertainties.
- AI adoption is influencing businesses to optimize costs.
New Delhi, April 11 (NationPress) The tech behemoth Google has reportedly dismissed hundreds of staff members from its platforms and devices division, which oversees Android software, Pixel smartphones, and the Chrome browser.
These job cuts occurred just a few months after Google had extended voluntary buyout options to employees in the same division in January of this year.
According to a report from The Information, a spokesperson for Google confirmed that after the merger of its platforms and devices teams last year, the company has been striving to function more efficiently and with heightened agility.
“As part of this initiative, it has enacted some job reductions in addition to the previously offered voluntary exit program,” the report stated.
“While the precise number of impacted roles remains undisclosed, this action underscores Google’s overarching strategy to streamline operations and cut costs,” the company explained.
Similar to many other tech giants, the company has been evaluating its team structures in light of evolving business requirements and market conditions.
This news arrives amidst a wave of job cuts across several global corporations, including Amazon, Intel, and Goldman Sachs, which are also reducing their workforce in response to the growing impact of artificial intelligence (AI) and ongoing global economic uncertainty.
Previous reports indicated that Amazon is poised to eliminate approximately 14,000 managerial roles to achieve annual savings of $3 billion, while Intel is bracing for a significant restructuring following a major financial setback in 2024.
As AI adoption accelerates, businesses are increasingly turning their attention toward cost optimization and automation, which is resulting in job losses across various fields.
Earlier reports also suggested that Goldman Sachs is gearing up for layoffs, aiming to trim its workforce by 3-5 percent after an annual performance evaluation.
Bank of America recently cut around 150 junior banker roles, although most of those affected have been offered positions outside of investment banking.
Given the uncertainties surrounding global economic conditions, it is likely that more companies will follow this trend in the coming months.
-- IANS
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