Current:Home > ScamsGoogle lays off hundreds in hardware, voice assistant teams amid cost-cutting drive -TrueNorth Capital Hub
Google lays off hundreds in hardware, voice assistant teams amid cost-cutting drive
View
Date:2025-04-13 04:00:21
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! (416)
Related
- Taylor Swift makes surprise visit to Kansas City children’s hospital
- A Bold Renewables Policy Lures Leading Solar Leasers to Maryland
- 5 dogs killed in fire inside RV day before Florida dog show
- Billie Eilish and Boyfriend Jesse Rutherford Break Up After Less Than a Year Together
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Daniel Penny indicted by grand jury in chokehold death of Jordan Neely on NYC subway
- San Diego, Calif’s No. 1 ‘Solar City,’ Pushes Into Wind Power
- In Battle to Ban Energy-Saving Light Bulbs, GOP Defends ‘Personal Liberty’
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Cost of Climate Change: Nuisance Flooding Adds Up for Annapolis’ Historic City Dock
Ranking
- Bill Belichick's salary at North Carolina: School releases football coach's contract details
- Meghan Markle Is Glittering in Gold During Red Carpet Date Night With Prince Harry After Coronation
- One Direction's Liam Payne Shares He's More Than 100 Days Sober
- Lawsuits Seeking Damages for Climate Change Face Critical Legal Challenges
- Biden administration makes final diplomatic push for stability across a turbulent Mideast
- How do pandemics begin? There's a new theory — and a new strategy to thwart them
- Jennifer Lopez Details Her Kids' Difficult Journey Growing Up With Famous Parents
- 'Dr. Lisa on the Street' busts health myths and empowers patients
Recommendation
Intellectuals vs. The Internet
Harvard Medical School morgue manager accused of selling body parts as part of stolen human remains criminal network
Beyond Drought: 7 States Rebalance Their Colorado River Use as Global Warming Dries the Region
A food subsidy many college students relied on is ending with the pandemic emergency
Taylor Swift makes surprise visit to Kansas City children’s hospital
Fate of The Kardashians Revealed on Hulu Before Season 3 Premiere
'Dr. Lisa on the Street' busts health myths and empowers patients
The science that spawned fungal fears in HBO's 'The Last of Us'