Google announces fresh job cuts amid AI-focused reorganization
Google has announced a significant reorganization strategy that will result in job cuts. The majority of these lay offs will be in the company's financial sector. This information was disclosed by Ruth Porat, Google's Chief Financial Officer, in a memo to staff members. Porat stated that this shift is due to the tech industry's massive move toward Artificial Intelligence (AI).
AI shift necessitates difficult choices: Google CFO
Porat explained that the shift toward AI allows Google to create more useful products for billions of users and offer quicker solutions to clients. However, it also requires the company to make difficult decisions, including adjusting work methods and locations to align with priority areas. The exact number of employees affected by these job cuts has not yet been disclosed by Google. The reorganization will have a global impact, affecting teams across various regions.
Google's reorganization to centralize locations globally
As part of its reorganization, Google plans to establish more centralized locations in key cities worldwide. Porat acknowledged the difficulty of the situation in her memo, expressing that it is with heavy hearts that they bid farewell to some talented colleagues and friends. She also recognized that this change is challenging. This announcement follows a warning from Google CEO Sundar Pichai about potential job cuts in 2024.
