Alphabet Cutting Staff




More rumblings in the tech sector. Alphabet (NASDAQ:GOOGL) is laying off employees from several teams in Google’s cloud unit, one of its fastest-growing businesses.

The company notified employees last week of the cloud cuts, with roles being eliminated in sales, consulting, “go to market” strategy, operations and engineering. At least 100 positions were cut, said people familiar with the matter who asked not to be named because they weren’t authorized to speak about the layoffs.

Reportedly, the cuts are incremental across teams to better align its go to market organization.

“As we’ve shared before, we continue to evolve our business to meet our customers’ priorities and the significant opportunity ahead,” a spokesperson said. “We maintain our commitment to investing in areas that are critical to our business and ensure our long-term success.”

Some of those who lost their jobs had worked on the company’s annual Google Cloud Next that took place mid-April, said people familiar with the situation.

Google has been conducting ongoing layoffs since early 2023. Employees have since complained about demands that they work on tighter deadlines with fewer resources and diminished opportunities for internal advancement even as the company records record profit.

GOOGL shares shed 25 cents to begin Tuesday at $172.92.



Source link

About The Author

Scroll to Top