Google Lays Off Hundreds of ‘Core’ Employees to Restructure in Mexico, India, and Ireland

Many are expected to lose their jobs as the company goes through a restructuring phase and moves some jobs abroad.

The New York Post reports that the hubs are set to launch in India, Mexico, and Ireland, which could mean some people’s jobs are moved overseas.

The finance department’s teams include Google’s Treasury, the business services department, and the revenue cash operations team.

The only thing known is that a small percentage of these roles will be moved abroad, which likely means that people currently in those roles will either have to make an international move or lose their jobs.

The New York Post reported that these layoffs were in the sales team and were a part of Google’s continuing efforts to restructure the business.

This comes after tech companies expect an economic downturn soon.

A spokesperson for the company was quoted in Bracknell News as saying they wanted to focus on their bigger priorities to improve the company.

Mint reports that Google’s introduction of AI-based tools has lessened the need for employees, and as a result, many have lost their jobs.

The Hill explains that employees have lost their jobs due to AI, rising interest rates, and having hired more employees during the COVID-19 pandemic than they need now.

However, Google doesn’t necessarily have enough vacant jobs to cover the number of lost jobs, which means many will have to look elsewhere for work.

A spokesperson for Google told the BBC that the protestors were walking through offices and preventing other employees from getting any work done.

However, it is currently unknown how many more Google employees and departments can expect to lose their jobs or whether the layoffs will continue well past August.

This trend is not isolated to Google; numerous tech giants are also downsizing their workforce as they navigate economic challenges and evolving technological landscapes.

CEO Jason Citron announced a reduction of 4% in their workforce due to operational inefficiencies that surfaced after the company’s rapid fivefold expansion since 2020.

This decision is part of a broader strategy to streamline operations and enhance in-person collaboration. The company is committed to supporting affected employees with severance packages and related costs.

The focus will be on content and product initiatives that offer the most significant impact.

Despite efforts to manage expenses, the company determined that its operational size was larger than necessary, prompting a downsizing to achieve a more sustainable business model.

The layoffs affected notable studios like Insomniac Games and Naughty Dog, driven by evolving player expectations and a strategic push towards online experiences and expanding to PC and mobile gaming platforms.

This move aims to align the company’s expenses with its business growth and establish a more sustainable operational model for the future.

This adjustment follows Microsoft’s $69 billion acquisition of Activision Blizzard and includes significant organizational changes, such as the departure of key personnel like Mike Ybarra, the gaming company’s president.

Despite these layoffs, Salesforce continues to recruit for 1,000 open positions, indicating a strategic reshuffling rather than a broad-scale reduction.

This move follows the company’s record viewership with Super Bowl LVIII and aims to strategically align resources despite recent broadcasting successes.

These cuts were driven by the need to streamline operations and reduce costs amid slowing revenue growth and increasing competition in the digital advertising space. The company is focusing on restructuring to better align with its long-term strategic goals, including its push into the metaverse and augmented reality technologies.

As Google and other tech giants navigate these challenging times, the landscape of employment in the tech sector continues to evolve, reflecting the dynamic nature of this industry.