BlockNews
  • Crypto
  • Finance
  • Politics
  • Memecoins
  • NFT
  • Technology
  • Opinion
No Result
View All Result
FOLLOW
BlockNews
  • Crypto
  • Finance
  • Politics
  • Memecoins
  • NFT
  • Technology
  • Opinion
No Result
View All Result
BlockNews

Google to Cut Hundreds of Jobs Amidst Tech Industry Purge

by BlockNews.com Team
January 11, 2024
in Business
A A
Google to Cut Hundreds of Jobs Amidst Tech Industry Purge
3
SHARES
Share on TwitterShare on Reddit
  • Google announced layoffs across multiple teams including engineering, hardware, and Assistant in an effort to increase efficiency and align with key priorities
  • The cuts follow previous workforce reductions in 2022 as Google shifts focus to AI developments like Bard and Gemini to compete with other tech companies
  • The Alphabet Workers Union criticized the layoffs as “needless” given Alphabet’s continued strong financial performance

Google announced layoffs across the company on Wednesday night, cutting several hundred jobs as part of an effort to increase efficiency and align resources with key product priorities.

Details of the Layoffs

The layoffs impacted employees in Google‘s hardware, engineering, and Assistant teams. Other parts of the company were also affected, according to Google.

The cuts are the latest in a series of workforce reductions at Google over the past year. In January 2022, Google cut around 12,000 jobs or 6% of its workforce. Further cuts were made to recruiting and Google’s news division later in 2022.

Google’s Focus on AI

The company has shifted focus to prioritize artificial intelligence developments as it competes with Microsoft, Amazon, and others in the space. Google recently launched the chatbot Bard and large language model Gemini.

JUST IN: Google announced hundreds of job cuts across various departments

Including:

• Hardware

• Central engineering

• And Google Assistant teams

— BlockNews.com (@blocknewsdotcom) January 11, 2024

According to a Google spokesperson, “To best position us for these opportunities throughout the second half of 2023, a number of our teams made changes to become more efficient and work better and to align their resources to their biggest product priorities.”

Criticism of the Layoffs

The Alphabet Workers Union criticized the layoffs, calling them “needless” in a tweet. The group wrote: “Our members and teammates work hard every day to build great products for our users and the company cannot continue to fire our coworkers while making billions every quarter. We won’t stop fighting until our jobs are safe!”

The cuts come as Google’s parent company Alphabet continues to report strong revenue and profit.

Tags: AmazonBusinessGoogleMicrosoft
Tweet1ShareShare1

DON'T MISS THESE! HOT OFF THE PRESS

Coinbase Faces $400M Loss After Insider-Fueled Data Breach: Should You Be Worried?
Business

Coinbase Faces $400M Loss After Insider-Fueled Data Breach: Should You Be Worried?

May 15, 2025
Coinbase to Join S&P 500, Replacing Discover Financial: This is Bullish for Your Bags and Here is Why
Business

Coinbase to Join S&P 500, Replacing Discover Financial: This is Bullish for Your Bags and Here is Why

May 12, 2025
Google Stock Tumbles Over 9% Amid Apple’s AI Search Plans: Is This a Buying Opportunity?
Business

Google Stock Tumbles Over 9% Amid Apple’s AI Search Plans: Is This a Buying Opportunity?

May 7, 2025
Meta’s Reality Labs Reports Massive $4.2 Billion Q1 Loss: Should Zuckerberg Give Up Hope?
Business

Meta’s Reality Labs Reports Massive $4.2 Billion Q1 Loss: Should Zuckerberg Give Up Hope?

April 30, 2025
Circle Rejects $5 Billion Acquisition Bid From Ripple XRP: Here is Why
Breaking News

Circle Rejects $5 Billion Acquisition Bid From Ripple XRP: Here is Why

April 30, 2025
$400M Raise, New MoonPay CEO: Why Isn’t Toncoin Skyrocketing?
Business

$400M Raise, New MoonPay CEO: Why Isn’t Toncoin Skyrocketing?

April 25, 2025
Load More

Related News

SHIB Price Slips Amidst 80% Burn Rate Drop: Is Hope Fading for Shiba Inu?

SHIB Price Slips Amidst 80% Burn Rate Drop: Is Hope Fading for Shiba Inu?

May 21, 2025
Stellar (XLM) Faces a Pivotal Test: Upside if $0.28 Holds, Deeper Dips if Not

Stellar (XLM) Faces a Pivotal Test: Upside if $0.28 Holds, Deeper Dips if Not

May 21, 2025
Tron’s Digital Payment Dominance Fuels TRX Price Momentum

Tron’s Digital Payment Dominance Fuels TRX Price Momentum

May 21, 2025
Hedera (HBAR) Breaks Downtrend Channel: Smart Money Eyes Retest for Bullish Continuation

Hedera (HBAR) Breaks Downtrend Channel: Smart Money Eyes Retest for Bullish Continuation

May 21, 2025
Sui (SUI) Eyes $23.77 by 2030: Long-Term Outlook Remains Bullish Despite Current Consolidation

Sui (SUI) Eyes $23.77 by 2030: Long-Term Outlook Remains Bullish Despite Current Consolidation

May 21, 2025
Discord Twitter Youtube TikTok Instagram

BLOCKNEWS.COM

BlockNews

BlockNews.com is your premier source for real-time cryptocurrency, blockchain, and financial market news.

Our mission is to deliver accurate, timely, and insightful information to help both seasoned investors and newcomers navigate the evolving digital economy.

With in-depth analysis, exclusive insights, and up-to-date news, BlockNews.com keeps you informed on the latest trends in crypto, DeFi, NFTs, tech, and beyond.

Stay ahead of the herd with BlockNews.com

RESOURCES

  • About
  • Contact Us
  • Terms and Conditions
  • Privacy Policy

POPULAR TOPICS

$ADA $XRP AI Avalanche Binance Bitcoin Bitcoin ETF blackrock Blockchain BTC Business Cardano China Coinbase Coinglass crypto cryptocurrency Crypto Exchange Crypto Regulation DeFi Dogecoin Donald Trump Elon Musk ETF eth ethereum Federal Reserve FTX grayscale Memecoin metaverse Microstrategy NFT NFTs PEPE ripple sec Shiba Inu Solana Stablecoin Technology twitter US Web3 xrp

GET QUICKER UPDATES ON X

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.

No Result
View All Result
  • Home
  • Crypto
  • Memecoins
  • Technology
  • Politics
  • Finance
  • NFT
  • DeFi
  • Opinion

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.