Current:Home > MarketsGoogle lays off hundreds in hardware, voice assistant teams amid cost-cutting drive -ProfitClass
Google lays off hundreds in hardware, voice assistant teams amid cost-cutting drive
View
Date:2025-04-24 12:56:51
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! (3)
Related
- Spooky or not? Some Choa Chu Kang residents say community garden resembles cemetery
- Soccer Star Jack Grealish Welcomes First Baby With Partner Sasha Attwood
- A driver’s test for autonomous vehicles? A leading expert says US should have one
- Early Amazon Prime Day 2024 Fall Fashion Deals: $5.60 Leggings, $7.40 Fleece & More
- Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
- Kyle Richards Influenced Me To Add These 29 Prime Day Deals to My Amazon Cart
- Intelligence officials say US adversaries are targeting congressional races with disinformation
- How long does COVID live on surfaces? Experts answer your coronavirus FAQs.
- Plunge Into These Olympic Artistic Swimmers’ Hair and Makeup Secrets
- NFL Week 5 overreactions: What do you mean Cleveland isn't benching Deshaun Watson?
Ranking
- Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
- Home insurers argue for a 42% average premium hike in North Carolina
- Rare $100 Off Dyson Airwrap for October Prime Day 2024 — Grab This Can't-Miss Deal Before It Sells Out!
- Get an $18 Deal on Eyelash Serum Used by Luann de Lesseps, Lala Kent, Paige DeSorbo & More Celebrities
- A New York Appellate Court Rejects a Broad Application of the State’s Green Amendment
- 6-year-old dies after stepfather allegedly beat him with baseball bat
- Flaming Lips member Steven Drozd's teen daughter goes missing: 'Please help if you can'
- Patriots' Jabrill Peppers facing assault charge in alleged domestic violence incident
Recommendation
JoJo Siwa reflects on Candace Cameron Bure feud: 'If I saw her, I would not say hi'
Takeaways from AP’s investigation into fatal police incidents in one Midwestern city
Mark Wahlberg's Wife Rhea Durham Shares NSFW Photo of Him on Vacation
Takeaways from AP’s investigation into fatal police incidents in one Midwestern city
Billy Bean was an LGBTQ advocate and one of baseball's great heroes
Unleash Your Magic With These Gifts for Wicked Fans: Shop Exclusive Collabs at Loungefly, Walmart & More
Kathy Bates chokes up discovering she didn't leave mom out of Oscar speech: 'What a relief'
En Honduras, los Libertarios y las Demandas Judiciales Podrían Quebrar el País