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google layoffs

Here’s how much money Google spent to lay off 12,000 employees

Alphabet, Google's parent company, disclosed this information alongside its Q4 earnings report.In a financial move that raised eyebrows, Google, the tech giant, spent a whopping $2.1 billion in 2023 on severance and related expenses, letting go of over 12,000 employees, according to a report by The Verge. The trend continues in 2024, as the company has already shelled out $700 million in severance charges for over 1,000 additional layoffs this year. Alphabet, Google's parent company, disclosed this information alongside…

salesforce layoffs: Salesforce laying off 700 workers in latest tech industry downsizing: report

Salesforce is laying off about 700 employees, or roughly 1% of its global workforce, the Wall Street Journal reported on Friday, in the latest round of job cuts to hit the tech industry.However, the report added that Salesforce still has 1,000 jobs open across the company, implying that the move could be more of a routine adjusting of the company's workforce, the report said, citing a source.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian School of BusinessISB Product…

Google, Riot Games, eBay to Amazon – A look at big tech companies that have made layoffs

A bunch of companies in the technology sector have been laying off some of their employees recently after quickly ramping up hiring during the COVID-19 pandemic while people spent more time and money online. Now, many of them are making job cuts to help lower costs and bolster their bottom lines. Here's some of the companies that have laid of employees of late:GoogleGoogle said it was laying off hundreds of employees working on its hardware, voice assistance and engineering teams. The cuts follow pledges by executives of…

Weekly Tech Recap: Galaxy S24 series launch to Sundar Pichai’s layoff warning; checkout the top tech news of the week

1) Galaxy S24 series launch: Samsung unveiled its flagship Galaxy S24 series at the Galaxy Unpacked event on January 17. The latest generation of flagship smartphones are powered by the Qualcomm Snapdragon 8 Gen 3 chipset and come with support for up to 7 years of software updates. The company has now also confirmed the official pricing of these smartphones in India, with the base variant of the Galaxy S24 starting at ₹79,999. 2) Satya Nadella praises…

Google CEO Sundar Pichai tells employees to expect more job cuts this year: Report

Google CEO Sundar Pichai told employees to expect more job cuts at the Alphabet-owned company this year, The Verge reported on Wednesday, citing an internal memo.Pichai said in the memo that the layoffs this year were focused on removing layers to simplify execution and drive velocity in some areas, according to the report. The move adds to signs that job cuts will continue this year, as companies look to adopt artificial intelligence software and automation to lighten workloads. "These role eliminations are not at the…

Google layoffs: Tech titan eliminates hundreds of jobs in ad team tweak

Google layoffs: The Alphabet-owned company on Tuesday confirmed it is eliminating "a few hundred" positions from its global ad team, amid a push to use artificial intelligence for efficiency and creativity. The job cuts to its "large customer" sales team are intended to result in better support for small and medium size businesses advertising on Google's platform, according to the internet giant.Expansion of small business ad teams at Google was expected by the company to result in increased hiring this year. Google made…

"We have had to make some difficult decisions about.." Google writes after laying off 1000 employees

Google has revealed another round of job cuts, reportedly affecting around 1,000 employees. The layoffs extend across various departments, including Google's hardware, central engineering teams, and Google Assistant. In an email to those affected, the company expressed regret over the challenging decision and clarified that eligible employees would receive severance pay. Google has revealed another round of job cuts, reportedly affecting around 1,000 employees. The layoffs extend across various departments,…