Current:Home > FinanceGoogle lays off hundreds in hardware, voice assistant teams amid cost-cutting drive -Achieve Wealth Network
Google lays off hundreds in hardware, voice assistant teams amid cost-cutting drive
View
Date:2025-04-18 05:47:05
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! (3)
Related
- North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
- Social Security is boosting benefits in 2024. Here's when you'll get your cost-of-living increase.
- Power outage maps: Over 500,000 customers without power in Maine, Massachusetts
- Mustafa Ahmed announces benefit concert for Gaza, Sudan with Omar Apollo, Ramy Youssef, more
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Regulators approve deal to pay for Georgia Power’s new nuclear reactors
- LGBTQ military veterans finally seeing the benefits of honorable discharge originally denied them
- Washington’s Kalen DeBoer is the AP coach of the year after leading undefeated Huskies to the CFP
- A White House order claims to end 'censorship.' What does that mean?
- Pope Francis says priests can bless same-sex couples but marriage is between a man and a woman
Ranking
- Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
- A Palestinian baby girl, born 17 days ago during Gaza war, is killed with brother in Israeli strike
- 'The Color Purple' movie review: A fantastic Fantasia Barrino brings new depth to 2023 film
- Google to pay $700 million to U.S. states for stifling competition against Android app store
- Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
- Marvel universe drops Jonathan Majors as Kang the Conqueror after conviction. Now what?
- Amy Robach says marriage to T.J. Holmes is 'on the table'
- Backup QBs are on display all around the NFL as injury-depleted teams push toward the postseason
Recommendation
'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
Judge orders release of over 150 names of people mentioned in Jeffrey Epstein lawsuit documents
A known carcinogen is showing up in wildfire ash, and researchers are worried
5 teens charged in violent beating at Marjory Stoneman Douglas High School
Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
UN resolution on Gaza hampered by issues important to US: cessation of hostilities and aid monitors
Chelsea and Fulham win penalty shootouts to reach English League Cup semifinals
13 tons of TGI Friday's brand chicken bites recalled because they may contain plastic