Current:Home > ContactGoogle lays off hundreds in hardware, voice assistant teams amid cost-cutting drive -Infinite Edge Capital
Google lays off hundreds in hardware, voice assistant teams amid cost-cutting drive
View
Date:2025-04-20 03:08:56
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! (356)
Related
- Travis Hunter, the 2
- Justin Baldoni Addresses Accusation It Ends With Us Romanticizes Domestic Violence
- Idaho farmer goes viral after trading in his F-250 for a Cybertruck: 'It’s really fast'
- Influencer Christine Tran Ferguson Shares She's Pregnant One Year After Son Asher's Death
- Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
- Unbeatable Free People Deals Under $50: Score Bestselling Styles Starting at $19.97 and Save Up to 66%
- Sha'Carri Richardson explains viral stare down during Olympics relay race
- West Virginia senator removed as committee chair after indecent exposure charges
- Nevada attorney general revives 2020 fake electors case
- Groceries are expensive, but they don’t have to break the bank. Here are some tips to save
Ranking
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- What is big, green and 150 million years old? Meet dinosaur skeleton 'Gnatalie.'
- Houston prosecutors find no evidence of efforts to sway 2022 elections but charge a county worker
- McDonald's debuts Happy Meals for adults, complete with collector cups. How to get yours.
- North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
- Popular shoemaker Hey Dude to pay $1.9 million to thousands of customers in FTC settlement
- Ryan Reynolds Details How His Late Father’s Health Battle Affected Their Relationship
- Ex-council member sentenced for selling vapes with illegal drugs in Mississippi and North Carolina
Recommendation
New data highlights 'achievement gap' for students in the US
Olympic Runner Rose Harvey Reveals She Finished Paris Race With a Broken Leg
What we know about suspected Iranian cyber intrusion in the US presidential race
After a slew of controversies, the SBC turns to a low-key leader to keep things cool
B.A. Parker is learning the banjo
'Growing up is hard enough': Jarren Duran's anti-gay slur could hurt LGBTQ youth
George Clooney drags Quentin Tarantino, calls director David O. Russell 'miserable'
Katy Perry's new music video investigated by Balearic Islands' environmental ministry