Current:Home > ContactGoogle lays off hundreds in hardware, voice assistant teams amid cost-cutting drive -Ascend Finance Compass
Google lays off hundreds in hardware, voice assistant teams amid cost-cutting drive
View
Date:2025-04-18 02:02:44
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! (41)
Related
- Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
- 'We are just ecstatic': Man credits granddaughter for helping him win $2 million from scratch off game
- Prosecutors say cheek swab from Gilgo Beach murder suspect adds to evidence of guilt
- One Real Housewives of Orange County Star Hints at Quitting in Dramatic Season 17 Reunion Trailer
- Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
- Hyundai and Kia recall nearly 3.4 million vehicles due to fire risk and urge owners to park outdoors
- Arrest made in connection to 2015 disappearance and murder of Crystal Rogers, Kentucky mother of 5
- John Legend, 'The Voice' 4-chair 'king,' beats Niall Horan in winning over Mara Justine with duet
- Arkansas State Police probe death of woman found after officer
- Bulgarian parliament approves additional weapons to Ukraine to aid in its war with Russia
Ranking
- San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
- Soccer star Paulinho becomes torchbearer in Brazil for his sometimes-persecuted Afro-Brazilian faith
- GOP setback in DEI battle: Judge refuses to block grant program for Black women
- Dancing with the Stars Season 32 Premiere: Find Out Who Was Eliminated
- Skins Game to make return to Thanksgiving week with a modern look
- Giant panda Fan Xing leaves a Dutch zoo for her home country China
- Nebraska latest Republican state to expand Medicaid to cover postpartum care for low-income mothers
- Former Tennessee lawmaker Brian Kelsey can stay out of prison while challenging sentencing
Recommendation
Don't let hackers fool you with a 'scam
WGA ends strike, releases details on tentative deal with studios
Travis Kelce breaks silence on Taylor Swift appearance at Chiefs game
Powerball jackpot up to $850 million after months without a big winner
Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
A Talking Heads reunion for the return of Stop Making Sense
Over 100 masked teens ransack and loot Philadelphia stores leading to several arrests, police say
Plan to travel? How a government shutdown could affect your trip.