In a shocking turn of occasions Google Layoffs , Google has announced a critical decrease in its workforce for 2024. The decision, which will affect thousands of workers universally, was detailed in a statement by Google’s CEO, Sundar Pichai. This move comes as a portion of a broader effort to streamline operations and adjust to changing market conditions.
What Google Official Spokesperson Said?
In an email, Google Developer Ecosystem’s vice president Asim Husain announced the layoffs last week and told employees this was the biggest workforce reduction from his team this year, the documents show.
Google has been reducing its workforce since early 2023, when the company announced its plan to cut roughly 12,000 positions, or 6% of its workforce, due to a decline in the online ad market revenues.
“Pankaj Rohatgi, Google’s Security Engineering Vice President, announced role eliminations as the company expands work to other locations. The Google layoffs also impact the governance and protected data group, crucial amid increasing regulatory scrutiny, such as the European Union’s Digital Markets Act.
Evan Kotsovinos, Google’s Vice President of Governance and Protected Data, highlighted the team’s need to respond to regulatory challenges by moving faster. Raghavan acknowledged heightened competition, a challenging regulatory environment, and slower organic growth as Google’s new operating reality.
Alphabet, Google’s parent company, reportedly laid off its 200 members workforce across various teams within Google’s cloud division, one of its most rapidly expanding sectors.
Last week, internal communications reviewed by CNBC revealed that the company informed its employees about these reductions related to the cloud business. Positions in sales, consulting, “go-to-market” strategy, operations, and engineering are among those impacted by the layoffs. According to sources familiar with the matter, at least 100 positions have been affected by these recent job cuts.
Google’s Layoffs Announcement
Google’s Layoffs 2024 Announcement
As per a recent report by the Information, Google is likely to make 30,000 job cuts in 2024 as it will rely more on AI-powered tools that can automatically suggest and create new ads and might even perform well for customers with little human intervention.
Not just Google, Amazon also announced to make several hundred employees in its streaming and studio operations. The staff facing exit at Prime Video and Amazon MGM Studios in the Americas will be informed this week.
As per a report by Business Insider, Amazon is reportedly asking managers to assign lower performance ratings to employees who fail to comply with the Return to Office (RTO) policy. It is being speculated that it is a part of a larger strategy, akin to a “quiet firing” plan.
What Google CEO’s Statement for Layoffs
What Google CEO’s Statement for Google Layoffs 2024
Sundar Pichai addressed the layoffs in a company-wide email and a consequent open declaration. In his statement, Pichai emphasized the difficult nature of the choice and communicated deep regret for the effect it’ll have on the affected workers and their families.
“Today, we made the tough decision to reduce our workforce. This was not an easy choice, but it is necessary to guarantee the long-term health and success of our company,” Pichai expressed. “We are committed to treating everybody with regard and kindness during this transition.“
Reason Behind the Google Layoffs 2024
Sundar Pichai give several reasons for the Google layoffs.
Market Adaptation: The tech industry is experiencing rapid changes, and Google needs to adapt to remain competitive. This involves prioritizing high-growth areas and reallocating resources to focus on strategic initiatives.
Efficiency Improvement: Pichai mentioned the need to improve operational efficiency. By streamlining certain processes and reducing redundancies, Google aims to enhance productivity and innovation.
Economic Factors: The global economic environment has posed challenges for many industries, including tech. Pichai acknowledged that economic pressures have necessitated tough decisions to ensure financial stability.
To Conclude
Google layoffs in 2024, Google has conducted multiple layoffs and they might not stop as CEO Sundar Pichai said that the company is “taking the time to do it correctly and well.” Criticized for his leadership and the culture around Google layoffs, Google said that as a leader of such a large company, he makes “fewer consequential decisions, but they need to be clear.
