Current:Home > InvestGoogle lays off hundreds in hardware, voice assistant teams amid cost-cutting drive -AssetPath
Google lays off hundreds in hardware, voice assistant teams amid cost-cutting drive
View
Date:2025-04-16 08:04:20
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! (624)
Related
- Where will Elmo go? HBO moves away from 'Sesame Street'
- Travis Kelce Is Guilty as Sin of Letting Taylor Swift Watch This TV Show Alone
- Environmental groups take first step to sue oil refinery for pollution violations
- How Kallie and Spencer Wright Are Coping Days After 3-Year-Old Son Levi's Death
- US appeals court rejects Nasdaq’s diversity rules for company boards
- D-Day anniversary shines a spotlight on ‘Rosie the Riveter’ women who built the weapons of WWII
- Kyrie Irving took long, complicated route back to NBA Finals with Dallas Mavericks
- Dog left in U-Haul at least 100 degrees inside while owners went to Florida beach: See video of rescue
- 'We're reborn!' Gazans express joy at returning home to north
- Texas county to pay female constable deputies $1.5 million to settle sexual misconduct lawsuit
Ranking
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Woman claims to be Pennsylvania girl missing since 1985; girl's mother knows better
- How Kallie and Spencer Wright Are Coping Days After 3-Year-Old Son Levi's Death
- Who will win 2024 NBA Finals? Mavericks vs. Celtics picks, predictions and odds
- Senate begins final push to expand Social Security benefits for millions of people
- Taylor Swift Defends Lady Gaga From Invasive & Irresponsible Body Comments
- Watch Live: Senate votes on right to contraception bill as Democrats pressure Republicans
- Illinois man gets life in prison for killing of Iowa grocery store worker
Recommendation
Small twin
Sturgill Simpson to release new album under a new name, embark on 2024 concert tour
North Carolina Republicans seek fall referendum on citizen-only voting in constitution
Thousands pay tribute to Connecticut state trooper killed during highway traffic stop
US appeals court rejects Nasdaq’s diversity rules for company boards
Kyrie Irving took long, complicated route back to NBA Finals with Dallas Mavericks
Nancy Lieberman on Chennedy Carter: 'If I were Caitlin Clark, I would've punched her'
Americans are tipping less often but requests continue to pile up, survey says