FMP
Jun 4, 2024 7:43 AM - Parth Sanghvi
Alphabet's Google (GOOGL) is undergoing another round of layoffs, with at least 100 employees let go from various teams within its cloud unit, according to a CNBC report on Monday.
Affected Positions
The job cuts reportedly spanned across several departments, including:
Official Statement
A Google spokesperson acknowledged the layoffs in a statement to Reuters, emphasizing the company's evolving strategy to align with customer needs and future opportunities. They reiterated Google's commitment to investing in critical areas for long-term success.
Previous Job Cuts
This news follows similar workforce reductions at Google earlier this year. The company laid off an undisclosed number of employees across different teams in April, followed by another round in January that impacted hundreds. These cuts reflect a broader trend of cost-containment measures within the tech industry amidst economic uncertainties.
Industry Context
The Google Cloud layoffs align with a wave of job cuts across the technology and media sectors. Companies are re-evaluating their workforces in response to a changing economic landscape.
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