Current:Home > reviewsGoogle lays off hundreds in hardware, voice assistant teams amid cost-cutting drive -Visionary Wealth Guides
Google lays off hundreds in hardware, voice assistant teams amid cost-cutting drive
View
Date:2025-04-13 23:38:47
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! (5)
Related
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Jews and Catholics warn against Trump’s latest loyalty test for religious voters
- Travis Barker Shares One Regret About Raising Kids Landon and Alabama Barker With Shanna Moakler
- Woman accused of running a high-end brothel network to plead guilty
- McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
- Tribal Members Journey to Washington Push for Reauthorization of Radiation Exposure Compensation Act
- Safety board says pedals pilots use to steer Boeing Max jets on runways can get stuck
- People's Choice Country Awards 2024: Complete Winners List
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Groups work to engage young voters in democracy as election processes come under scrutiny
Ranking
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Cardi B Unveils One of Her Edgiest Looks Yet Amid Drama With Estranged Husband Offset
- James Corden Admits He Tried Ozempic for Weight Loss and Shares His Results
- Mountain West Conference survives as 7 remaining schools sign agreement to stay in league
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Miranda Lambert’s Advice to Her Younger Self Is So Relatable
- Georgia-Alabama showdown is why Bulldogs quarterback Carson Beck chose college over the NFL
- The Surprising Way Today’s Dylan Dreyer Found Out About Hoda Kotb’s Departure
Recommendation
New Zealand official reverses visa refusal for US conservative influencer Candace Owens
Kaitlyn Bristowe Is Begging Golden Bachelorette Joan Vassos for This Advice
North Carolina lieutenant governor names new chief aide as staff departures grow
James Corden Admits He Tried Ozempic for Weight Loss and Shares His Results
A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
Judge orders US government to leave Wisconsin reservation roads open
Fed’s favored inflation gauge shows cooling price pressures, clearing way for more rate cuts
Federal government to roll back oversight on Alabama women’s prison after nine years