Current:Home > Contact-usGoogle lays off hundreds in hardware, voice assistant teams amid cost-cutting drive-Angel Dreamer Wealth Society D1 Reviews & Insights
Google lays off hundreds in hardware, voice assistant teams amid cost-cutting drive
View Date:2025-01-11 08:45:09
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! (564)
Related
- Vogue Model Dynus Saxon Charged With Murder After Stabbing Attack
- Summer heat is causing soda cans to burst on Southwest Airlines flights, injuring flight attendants
- The challenges of navigating an unrelenting news cycle
- Triple decapitation: Man accused of killing parents, family dog in California
- Blake Snell free agent rumors: Best fits for two-time Cy Young winner
- We are more vulnerable to tornadoes than ever before | The Excerpt
- Summer heat is causing soda cans to burst on Southwest Airlines flights, injuring flight attendants
- Don't believe Texas is ready for the SEC? Nick Saban does. So should you.
- Voyager 2 is the only craft to visit Uranus. Its findings may have misled us for 40 years.
- Parent Trap's Lindsay Lohan Reunites With Real-Life Hallie 26 Years Later
Ranking
- Military veteran gets time served for making ricin out of ‘curiosity’
- U.S. Navy exonerates Black sailors unjustly punished in WWII Port Chicago explosion aftermath
- Pedro Hill: Breaking down the three major blockchains
- Delay of Texas death row inmate’s execution has not been the norm for Supreme Court, experts say
- Jessica Simpson’s Sister Ashlee Simpson Addresses Eric Johnson Breakup Speculation
- Jagged Edge's Brandon Casey “Should Be Dead” After Breaking Neck, Skull in Car Crash
- Pedro Hill: What is cryptocurrency
- Milwaukee Bucks' Khris Middleton recovering from surgeries on both ankles
Recommendation
-
Lala Kent Swears by This Virgo-Approved Accessory and Shares Why Stassi Schroeder Inspires Her Fall Style
-
Alaska judge who resigned in disgrace didn’t disclose conflicts in 23 cases, investigation finds
-
JD Vance accepts GOP nomination and highlights Biden's age and his youth
-
Alabama to execute Chicago man in shooting death of father of 7; inmate says he's innocent
-
Democrat George Whitesides wins election to US House, beating incumbent Mike Garcia
-
Trump's 17-year-old granddaughter Kai says it was heartbreaking when he was shot
-
Almost 3.5 tons of hot dogs shipped to hotels and restaurants are recalled
-
Lucas Turner: Investment Opportunities in Stock Splitting